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2018 is set to be the most costly catastrophe year for Asia-Pacific since 2011, leading to potential rate hardening at renewals, but the impact is likely to be restricted to countries hit directly by losses, Michael Reynolds, global chief executive officer of JLT Re, told SIRC Today. 30 October 2018
Insurance
The Hanover Insurance Group is set to sell Chaucer’s UK motor business to Markerstudy Group, a UK-based insurance provider, for $60 million. 13 April 2015
Insurance
Faber Global, the facultative and wholesale reinsurance arm of Willis Group, has appointed Alistair Lester as chief executive officer (CEO). The current Faber CEO, Jason Howard, will become CEO of the newly-formed Acappella Group. 24 June 2014
Insurance
Singapore is a thriving risk transfer hub for the Asian region, with buyers preferring to execute locally where possible. Beazley, which opened an office in the country some 12 years ago, is prospering on the back of this—especially where it can target specialty lines and offer something different. 22 April 2018
Insurance
Triton Global, the multi-disciplinary commercial claims organisation, has appointed Vandna Batchelor as head of Triton Audit UK. 11 March 2015
Insurance
Talbot Underwriting, the wholly owned subsidiary of Validus, has appointed Steven Tebbutt as global practice leader of political violence and aviation war. 12 August 2015
Alternative Risk Transfer
There will not be a significant movement in rates for the reinsurance industry at the end of year renewals, Ed Hochberg, chief executive officer of JLT Re in North America, told PCI Today. 28 October 2018
Insurance
Plum Underwriting, the household insurance managing general agent (MGA), which is part of the Global Risk Partners (GRP) group, has made a number of appointments, expanding its underwriting, electronic trading and claims capabilities. 2 November 2015
Insurance
Advantage Insurance Management has appointed Leslie Boughner as chairman of its business insurance division. 10 June 2015
Insurance
From a general liability perspective, Marketform has seen some good business flows from Mexico and Peru and is starting to see more opportunities from countries such as Ecuador, Uruguay and Argentina, says Rupert Taylor, head of general liability and multi-line product development for Marketform. 29 October 2015
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