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New Zealand-based Tower has been impacted by severe and unprecedented weather and a settlement of a Peak Re dispute resulting in a half year loss of NZ$11.6 million ($8.04 million) for the half year ended March 31, 2018 compared to a loss of NZ$8.2 million in the same period a year ago. 30 May 2018
Insurance
Advisory firm Egan-Jones has joined Glass Lewis in recommending that AmTrust Financial Services stockholders vote "FOR" the company's merger agreement at the special meeting of stockholders on June 4, 2018. 30 May 2018
Insurance
JLT Re has appointed Stephen Punch as managing director of Asia Pacific for regional clients and retrocession, based in Sydney. 25 October 2016
Insurance
Randall & Quilter Investment Holdings has written a loss portfolio transfer (LPT) reinsurance contract to cover approximately $43 million legacy liabilities for a California-based insurance group. 20 June 2017
Insurance
EPIC, a US retail property/casualty insurance brokerage and employee benefits consulting firm, has acquired product warranty analytics firm After based in Norwalk, Connecticut. 20 June 2017
Insurance
Lincoln Financial Group has appointed Randal Freitag to assume oversight responsibility for the company’s life insurance business. 20 June 2017
Insurance
Lloyd's has published its strategic plan of "transformational initiatives", including simplifying market access and lowering costs, to ensure the 333-year-old marketplace can thrive in an increasingly challenging environment. 1 May 2019
Insurance
The market is now well overdue a fundamental correction in pricing, something Stephen Catlin will look to capitalise on with his new venture Convex Group, unveiled yesterday (Tuesday May 1). He claims that losses in the industry have been so severe in recent years they are on the verge of destroying capital – something that should prompt a radical change. 1 May 2019
Insurance
JLT Specialty USA, a US subsidiary of broker Jardine Lloyd Thompson Group, has hired former employee Molly Nolan as senior vice president to further build its specialty expertise in the Northeast. She will be based in Boston, and focus on broking and client development. 24 April 2017
Insurance
Specialist Lloyd’s insurer Novae Group has hired Sarah Cracroft as marine trades underwriting manager. She will report to marine class underwriter Paul Hartley. 19 June 2017
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