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Insurance
Broker Marsh has appointed Dean Klisura as global head of industries and placement. He replaces Jim Pierce who has joined Jardine Lloyd Thompson as chairman of its new US specialty business. 12 September 2014
Insurance
UK insurer Aviva is selling its Asia and Middle East life business Friends Provident International (FPIL) to RL360 Holding Company, a subsidiary of International Financial Group, for a total consideration of £340 million. 19 July 2017
Insurance
Volante Global, a new multi-class and multi-territory international managing general agent (MGA) platform, has launched commercial motor MGA Edison Motor while appointing Steven Dickie and Doug Ockwell as joint managing directors of the new operation. 18 January 2018
News
Bermuda-based Montpelier Re reported operating income of $72.2 million, or $1.48 per common share, and a healthy combined ratio of 50.4 percent in Q1, of which $35 million of prior year loss reserves helped to obtain an 18 percent loss ratio. 1 May 2014
Insurance
The UK's Justice Select Committee has indicated in a report published on November 29 that it needs more evidence into claimant behaviour before it can approve the proposed reforms to the Ogden discount rate. 1 December 2017
Insurance
Economic losses caused by wind, storm surge, and inland flood from Hurricane Harvey could be as high as U.S. $70-90 billion, according to data provider RMS. 31 August 2017
Insurance
ICAT, a provider of property insurance to businesses and residences in hurricane and earthquake exposed regions of the US, has appointed Megan McConnell as active underwriter for Syndicate 4242 at Lloyd’s. 16 December 2013
Insurance
Global Parametrics (GP), a for-profit, social venture, has secured additional funding for a new initiative which will increase access to disaster protection in developing countries against the impacts of climate change with support from the UK government. 3 April 2017
Insurance
Bermuda-based holding company James River Group (JRG) has announced that its profits increased by 16.7 percent in 2016 compared to 2015. 16 February 2017
Insurance
CNA, the commercial insurance provide, has appointed Scott Weber to fill a newly-created senior vice president (VP) role within its worldwide property and casualty (P&C) claim unit. 16 February 2017
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