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Insurance
Scottish Re Group, which placed its reinsurance business into run-off in 2008, has turned its comprehensive income into positive figures in the second quarter of 2016, while growing rise net premiums earned. 19 August 2016
Insurance
AM Best has placed under review with developing implication the financial strength rating of A+ of Arch Reinsurance and its strategic affiliates, after Arch Capital agreed to acquire United Guaranty Corporation and AIG United Guaranty (Asia) from American International Group (AIG). 18 August 2016
Insurance
Software Alliance Limited (SAL), which develops financial modelling platforms, has appointed Guy Shepherd as its chief executive officer. 18 August 2016
Insurance
Integro Insurance Brokers, an international broker and risk management firm, has added Raj Gulati to its reinsurance subsidiary, Integro Re, as senior vice president. 17 August 2016
Alternative Risk Transfer
The rating of at least one insurance-linked security (ILS) may be affected by changes to default tables included within a new methodology and central repository that rating agency AM Best has launched that relates to the ILS sector. 17 August 2016
Insurance
Sompo Canopius has appointed Mark Newman as chief executive officer (CEO) of Asia Pacific, Middle East and North Africa (MENA), as part of an expansion of the business to look at broader geographical coverage. 17 August 2016
Insurance
JLT Specialty US, a platform of the specialty business advisory firm, JLT Group, has appointed Howard Rimerman as its senior vice president (VP) and Steven Smith as its VP, expanding its mergers and acquisitions (M&A) group. 10 August 2016
Insurance
Tokio Marine & Nichido, a property/casualty subsidiary of Tokio Marine, drove the carrier’s results in the period April to June, which is the company’s accounting first quarter 2016. 10 August 2016
Insurance
RFIB Group, a re/insurance broker at Lloyd’s, has appointed Glenn Jackson as managing director of RFIB Americas, effective immediately. 8 August 2016
Insurance
JLT Re, a provider of reinsurance broking and consultancy, has appointed Micah Woolstenhulme as head of risk and economic advisory. 4 August 2016
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