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Insurance
Ruschlikon, the community of re/insurers and brokers, has revealed it is cooperating with the London Market target operating model (TOM). 21 April 2016
Insurance
Agency captives can offer agents and brokers the opportunity to earn underwriting profits previously retained by the insurance carrier, and align the interests of the agent and carrier regarding risk selection, pricing and loss control. 10 August 2017
Insurance
Maiden Holdings made a loss in the second quarter of 2017 on the back of the emergence of adverse loss development in both its key operating segments. As the reinsurer’s combined ratio soared, the company’s CEO moved to stress he believed the company had addressed the issue. 9 August 2017
News
Federated National Holding Company lowered its reinsurance spend in the second quarter of 2017; the decrease was mainly due to the expiration of a Florida-only property quota share but the company did buy additional excess-of-loss reinsurance. 8 August 2017
Insurance
Lancashire Holdings enjoyed a rise in profits in the first quarter of 2017 though the company’s gross written premiums shrank significantly. 4 May 2017
News
Broker JLT Re has appointed Tom Phelan as senior vice president in North America. 22 July 2015
Insurance
The cyber insurance market will become more resilient if it is considered as a standalone line of business rather than a peril, according to JLT Re. 24 April 2017
Insurance
Broker Guy Carpenter has appointed Tim Gardner as chief executive officer (CEO) of US operations. 1 July 2015
Insurance
Property/casualty insurer Chubb has filled two newly-created senior management positions in the UK and Ireland with the appointment of Sara Mitchell and Mark Roberts. 6 March 2017
Insurance
AXIS Capital is to acquire Lloyd's insurer Novae Group for £468 million ($604 million) in an all-cash deal based on paying 700 pence per Novae share. The transaction is expected to close in the fourth quarter of 2017. 6 July 2017
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