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Insurance
Argo International, the Lloyd’s insurer and member of Argo Group, has appointed Greg Walters as class underwriter for its onshore energy account. He will report to head of marine & energy Philip Thorpe-Apps. 1 April 2014
News
Reinsurer SCOR has appointed Marie-Laurence Bouchon, formerly of Brunswick Group PR agency, as head of group communications. 28 March 2014
Insurance
Clavis Re, a start-up underwriting platform formed in Zurich, Switzerland, has secured the backing of Chaucer Syndicates to launch a new specialty coverholder business at Lloyd’s. 27 March 2014
News
Watford Re, the Bermuda-based start-up reinsurer partly backed by Arch Capital Group, is ready to start writing business on its own paper after raising $500 million and securing a rating of A- from AM Best. 27 March 2014
Insurance
Property and casualty (P&C) operating earnings increased by 30 percent in 2013 and the group’s overall combined ratio saw a 5.2 point improvement to 93.3, according to Fitch Ratings. 25 March 2014
Insurance
Lloyd’s of London has backed a proposed initiative to foster a common ice regime in the Arctic that would support the Polar Code and improve safety standards. 24 March 2014
News
Broker Miller has added non-marine treaty reinsurance specialist John Park to its team in Asia. 20 March 2014
News
Reinsurer General Reinsurance has promoted Martin Hacala to the role of global claims manager. In addition, Ron Lepinskas has joined Gen Re Claims as global casualty lines manager, and Geoff Piggot has assumed responsibility for global property lines. 20 March 2014
Insurance
Lloyd’s insurer Advent has strengthened its specialty line offering with the appointment of Gary Cooke to its marine division as cargo underwriter. The division currently underwrites marine hull, war, liability, aviation war and specie insurance and reinsurance. 19 March 2014
Alternative Risk Transfer
Tokio Marine & Nichido Fire Insurance, the property and casualty subsidiary of Tokio Marine, has issued a $245 million Bermuda-based bond for Japanese earthquake risk. 19 March 2014
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