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Insurance
XL Group’s reported preliminary third-quarter catastrophe loss estimate of $1.48 billion alleviates recent investor concerns about an outsized loss from XL and any concerns about capital raise needs, according to an Oct. 11 Morgan Stanley analyst note. 13 October 2017
Insurance
Argo Group International Holdings has appointed David Higley as head of US property and inland marine. 13 October 2017
Insurance
A new disaster aid package includes a provision to forgive $16 billion in debt held by the National Flood Insurance Program (NFIP), but lobby group SmarterSafer warns that the bill fails to incorporate critical reforms that put the programme on a sustainable path. 13 October 2017
Insurance
Bermuda-based Monument Re, through its European subsidiary Laguna Life, has acquired a run-off portfolio of flexible premium retail life insurance contracts from Ethias, known as the First A Portfolio. 17 April 2018
Insurance
AEGIS London has appointed Jerry Hyne as a professional indemnity (PI) underwriter. 11 January 2017
Insurance
The Chartered Insurance Institute (CII) has appointed Jeremy Trott as the new chair of its claims faculty board. 12 October 2017
Insurance
Bermuda-based Arch Capital Group has made a number of senior management changes in its Worldwide Reinsurance Group. 12 October 2017
Insurance
InsurTech Gateway has been authorised by the Financial Conduct Authority (FCA) as an insurance broker to provide funding, insurance capability and a testing environment for insurtech start-ups. 29 November 2017
Insurance
Specialist credit and political risk insurance brokers BPL Global and EIA Global have signed a memorandum of understanding (MoU) to form a joint venture insurance broking company in New York, focusing on global financial institutions. 11 October 2017
Insurance
European run-off insurance company DARAG has appointed Stuart Davies, the former group CEO of Sompo Canopius, as chairman of the group. 29 June 2017
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