Articles
Insurance
Specialty insurance group Tokio Marine HCC has appointed Luc Reuter as head of surety for Continental Europe as it further expands its international surety capabilities. 24 July 2018
Alternative Risk Transfer
A new single structure for conducting both the fund and insurance element of insurance-linked securities business is being devised in Guernsey. 24 July 2018
Insurance
Risk modelling and analytics firm RMS has promoted Reed Birnbaum as chief financial officer (CFO), from his prior post of senior vice president, finance and analytics. 24 July 2018
Insurance
Broker Willis Towers Watson has reinforced its existing facultative reinsurance business in France by growing its team of specialists based in Paris. 24 July 2018
Insurance
US-based re/insurance broker Brown & Brown has increased organic revenue by 5.2 percent year on year in the second quarter of 2018 to $472.7 million on an adjusted basis and excluding a new revenue standard. 24 July 2018
Insurance
UK motor insurers have voted for MIB (Motor Insurers’ Bureau) to handle and pay the claims from victims involved in a terrorist event where a vehicle is used to kill or injure. 23 July 2018
Alternative Risk Transfer
Some of the bigger ILS funds are well down the road towards securing ratings—a move that will see them complete their journey from nimble newcomers to occupying a central ground and competing with traditional players on their own turf. This could be a game-changer for the market, as Intelligent Insurer reports. 23 July 2018
Insurance
Specialty re/insurer Brit has appointed Stephen Quinton to the role of class underwriter, kidnap and ransom (K&R), effective as of Sept. 3. He joins Brit from Travelers Syndicate Management. 23 July 2018
Insurance
Specialist insurer Beazley has started a search for a new group finance director to replace Martin Bride. 20 July 2018
Insurance
Everest Re Group expects to report a charge for net reserve adjustments of approximately $250 million, after tax, for the second quarter of 2018. 20 July 2018
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