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The Irish insurance market is less prone to major natural catastrophe events than other property/casualty (P/C) insurance markets, according to a new report by S&P. 15 January 2016
Insurance
US Risk Insurance Group, a specialty lines underwriting manager and wholesale broker, has acquired American Underwriting Managers (AUM). 15 January 2016
Insurance
Property/casualty insurer Liberty Mutual Insurance has appointed Fernando Cámbara Lodigiani as chief executive officer (CEO) of its Chile operations. 15 January 2016
Insurance
US insurer MetLife has unveiled plans to separate a substantial portion of its US retail insurance segment. 14 January 2016
News
Flood Re, the UK Government’s scheme to pool flood risk, has appointed Harriet Boughton as its general counsel and Karen Clautour as head of operations. 14 January 2016
Insurance
Liberty International Underwriters (LIU), subsidiary of Liberty Mutual Insurance, has appointed William Bell as senior vice president (SVP) of environmental, Mike Nukk as SVP of marine, and Rick Niehaus as SVP of energy and construction. 13 January 2016
Insurance
Sian Fisher has been appointed as chief executive officer (CEO) of the Chartered Insurance Institute (CII). 12 January 2016
Insurance
The Association of British Insurers (ABI) says that the floods caused by storms Desmond, Eva and Frank during December and over the New Year in the UK are set to cost ABI members £1.3 billion in payouts to customers affected. 11 January 2016
News
The January 2016 reinsurance renewals were orderly, stable and very business-like, according to Nick Frankland, chief executive officer of Guy Carpenter’s EMEA operations division. 7 January 2016
Insurance
Ryan Direct Group (RDG), the insurance services business and subsidiary of Ryan Specialty Group (RSG), is set to acquire managing general agent (MGA) Midas Underwriting. 7 January 2016
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