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Insurance
Flood losses triggered by Hurricane Harvey, which struck Texas at the end of August, are likely to push up the debt of the US National Flood Insurance Program (NFIP) and affect its reauthorisation set for the end of September, Matt Reid, managing director of JBA Risk Management USA, told Monte Carlo Today. 10 September 2017
Insurance
The increased regulatory burden that has been imposed on insurers in recent years, exacerbated by Solvency II, has continued to prompt many smaller players to convert from being fully fledged insurers to become managing general agents (MGAs). 10 September 2017
Insurance
Brit, the global specialty insurer, will act as lead partner for Ambridge Partners as it increases capacity to $175 million in its transactional liability facility. 16 February 2016
Insurance
Broker BMS Group has appointed James Gordon as managing director of its cyber and technology division. 23 March 2016
Insurance
Insurer Ironshore has promoted David Callaghan to the role of president of its Marine Re division. 13 April 2016
Insurance
Property/casualty (P/C) insurer Ironshore International has launched a professional liability product designed to provide protection for challenging risk exposures within the mining sector globally. 16 December 2015
Insurance
XL Catlin’s insurance has appointed David Guest as country manager for Singapore, effective April 5. 11 April 2016
News
Emerging liability requirements as a result of international investors’ involvement in many of the large Latin American businesses is accelerating claims consciousness in the region, says John Blake, managing partner of Hemispheric Reinsurance Group. 27 October 2015
Insurance
Andy Briggs, chief executive officer (CEO) of Aviva UK Life and chairman of Aviva Global Life, has been nominated by the Association of British Insurers (ABI) Board to become its next chairman. 8 June 2016
Insurance
US life insurer MetLife has announced a series of changes to its senior leadership ranks, effective from July. 16 June 2017
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