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Insurance
A planned corporate tax reduction and a tax on imports in the US would benefit local entities but impact companies based outside the country such as in Bermuda, leading to changes in companies’ operating structures, according to AM Best. 20 February 2017
Insurance
Aon Risk Solutions, the global risk management business of Aon, has appointed Jason Toland as producer and account executive in the Sacramento office, and promoted Don Ortegel as resident managing director in Chicago. 20 February 2017
Insurance
Canada-based Fairfax Financial Holdings has announced that it made a net loss of $512.5 million for 2016, down substantially from the $567.7 million net profit it made the year before. 17 February 2017
Insurance
The US subsidiary of broker Jardine Lloyd Thompson Group (JLT) has appointed Jim White as senior vice president. 16 February 2017
Insurance
Specialty re/insurance provider Lancashire Holdings has called 2016 a difficult year, with net operating profits falling 17 percent compared to 2015. 16 February 2017
Insurance
Specialist insurer Beazley has appointed Michael Tewfik as a technology, media and business services underwriter focused on addressing data breach and cyber security risks in the UK. 16 February 2017
Insurance
Bermuda-based holding company James River Group (JRG) has announced that its profits increased by 16.7 percent in 2016 compared to 2015. 16 February 2017
Insurance
Qatar Re, a subsidiary of Qatar Insurance Company, has promoted Luke Roden and Michael van der Straaten to the position of chief underwriting officer (CUO), following the departure of Alastair Speare-Cole. 16 February 2017
Insurance
Specialist insurer Markel International is set to enter the surety market in March, following the appointment of two senior underwriters in the surety and trade credit industries. 16 February 2017
Insurance
Willis Towers Watson’s grows its role as a provider of actuarial consulting solutions in Australia by entering a definitive agreement to acquire Russell Investments' Australian actuarial practice. 16 February 2017
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