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Insurance
JLT Specialty Insurance Services, a US subsidiary of Jardine Lloyd Thompson (JLT), has appointed Tyson Stevenson as senior vice president of its real estate industry specialty practice. 3 June 2015
Insurance
Re/insurer XL Catlin has opened a new office, focusing on political risk, credit and bond (PRCB) insurance, in Washington DC. 17 July 2017
Insurance
Lloyd’s insurer Argo International has appointed Rashpal Rooprai, formerly of Xchanging Claims Services, as senior liability claims adjustor. 20 June 2014
Insurance
MarketScout, the electronic insurance exchange and specialty managing general agent (MGA) in the US, has launched a new MGA facility specifically designed to offer additional capacity to cover wildfire risk. 25 January 2019
Insurance
Paul Kneafsey, the casualty head at ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has stepped down. 8 January 2016
Insurance
London-based Joint Hull Committee (JHC) has appointed Paul Newton as its new chairman, succeeding Peter Townsend, who stepped down in June. 22 August 2018
Insurance
The re/insurance industry is in a much worse position than its bosses will admit and many carriers will be cashflow negative by the end of 2019, industry veteran Stephen Catlin has warned, in an explosive interview in which he stressed that any executive running a public company could not risk highlighting this reality to investors. 10 September 2018
Insurance
Shares in several insurers in Asia have slumped on the back of Typhoon Mangkhut causing devastation in Hong Kong and Southern China. 17 September 2018
Insurance
Hippo, a California-based insurtech focused on the home insurance market, has secured $100 million Series D funding to fuel expansion of its footprint in the US. 25 July 2019
Insurance
Insured losses from the magnitude 7.0 earthquake that struck Alaska on Nov. 30, 2018 are likely to be limited by a low earthquake insurance take-up rate (about 9-12 percent for homeowners and higher for businesses) and high deductibles (10-20 percent of policy limit), according to Morgan Stanley Research. 4 December 2018
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