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Insurance
London-based specialist re/insurance market Lloyd’s of London has in 2016 recorded the fifth highest level of major claims since the turn of the century, the company said in a statement.   30 March 2017
Insurance
Property/casualty insurer Chubb has appointed John Thompson as division president of the company's international accident and health (A&H) insurance business, and Soledad Muné as chief underwriting officer (CUO) for international personal insurance.   30 March 2017
Insurance
Bermuda-based Aspen Insurance Holdings expects to increase carried reserves for impacted lines of business by approximately $30 million on a pre-tax basis in the first quarter of 2017 as a result of the change in the Ogden rate in the UK.   30 March 2017
Insurance
Re/insurer XL Catlin has appointed Denali Marlane as the western regional underwriting manager in San Francisco for its environmental insurance business.   30 March 2017
Insurance
Insurance firm Liberty Mutual has appointed Jeff Duncan senior vice president and chief underwriting officer of its operation focused on helping healthcare providers and the brokers who support them better manage the total cost of risk.   30 March 2017
Insurance
Specialist insurer Markel International has expanded its trade credit and political risk business to Canada. It will be underwritten by Markel Canada on Lloyd’s syndicate 3000 paper.   29 March 2017
Insurance
Property and casualty insurer Novae Group has entered into a quota share agreement with Fidelis Insurance Bermuda (FIBL) covering Lloyd’s Syndicate 2007’s US property catastrophe treaty excess of loss portfolio for 2017.   29 March 2017
Insurance
US insurer WR Berkley Corporation has estimated the impact of Ogden rate change on the company’s first quarter operating results at $30 million before tax, and $22 million after tax, the company said in a statement.   29 March 2017
News
Lloyd’s of London has been granted a licence as a foreign reinsurer in Nicaragua by the country's insurance regulator Superintendencia de Bancos y Otras Instituciones Financieras (SIBOIF).   29 March 2017
Insurance
Chaucer, an insurance group underwriting at Lloyd's, has appointed Joe Murphy as senior class underwriter in its casualty division.   29 March 2017

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