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Partner Re has appointed Jerome Matrundola to the new position of CEO life and health (L&H), Asia Pacific. 6 September 2017
Insurance
New York-based AmTrust Financial Services said on Sept. 5 that it entered into a quota share reinsurance contract to reduce exposure to catastrophe and non-catastrophe events related to the business of its subsidiary Republic Companies effective August 1, 2017. 6 September 2017
News
Peak Reinsurance is mulling over a possible flotation in Hong Kong to support the reinsurer’s long-term growth and development, AM Best said in its Sept. 5 Best Week Asia-Pacific edition, citing Fosun International chief financial officer Robin Wang. 6 September 2017
Insurance
Insurance brokerage and risk management firm Arthur J Gallagher has acquired Swedish property/casualty (P&C) broker Nordic Försäkring & Riskhantering to expand its footprint and capabilities in Scandinavia. 5 September 2017
Insurance
Reinsurance broker TigerRisk Partners has appointed Michael Wade, the Crown Representative for Insurance at the UK Cabinet Office and advisor to the Chancellor of the Exchequer on issues relating to Insurance Linked Securities (ILS). 5 September 2017
Insurance
The National Flood Insurance Program (NFIP) has received more than 67,000 claims related to Hurricane Harvey as of Sept. 3, 2017. 4 September 2017
Insurance
Broker Aon is to acquire US-based real estate and investment management firm Townsend Group, majority owned by Colony NorthStar, for $475 million. 4 September 2017
Insurance
Jardine Lloyd Thompson Group (JLT) has bought a specialist broker based in Belgium in a move partly designed to ensure its European clients continue to have easy access to its London Market expertise and capacity post-Brexit. 1 September 2017
Insurance
The senior executives of what will again be known as Canopius have said the business will seek growth through the recruitment of new teams and entry into new classes of business once its ownership passes from Sompo Japan Nipponkoa Insurance to a private equity consortium led by Centerbridge Partners. 1 September 2017
Insurance
The economy of the city of Houston, Texas could lose up to $60 billion of its gross domestic product output in the next year as result of the Hurricane Harvey floods, according to the Centre for Risk Studies at the Cambridge Judge Business School. 1 September 2017
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