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Ryan Specialty Group (RSG), a specialty insurance services business based in Chicago, has launched a new reinsurance managing general underwriter (MGU), its first foray into reinsurance. 7 June 2018
Insurance
Bermuda-based Everest Re Group has appointed Darin Scanzano as the new CEO of Everest Insurance Company of Canada. 7 June 2018
Insurance
HCI Group, a provider of property/casualty insurance in Florida, has completed its catastrophic reinsurance programme for the 2018-2019 contract year, which runs from June 1, 2018 through May 31, 2019. 7 June 2018
Insurance
Alliant Underwriting Solutions has hired long-time catastrophe underwriter Kelley Bernal as senior vice president and senior director of underwriting for its SIU division. 6 June 2018
Insurance
Just shy of eight years old, RSG Underwriting Managers now has 80 lines of business and more than 250 specialty underwriters. Intelligent Insurer speaks to chairman and CEO Mike Rice and COO Miles Wuller about the principles behind RSGUM’s rapid rise and what the future holds. 6 June 2018
Insurance
Re/insurer XL Catlin has appointed Donnacha Smyth as president and Carla Greaves as new chief underwriting officer (CUO) of its global excess casualty insurance division. 5 June 2018
Insurance
Fidelis Insurance Holdings has formed a new Bermuda-domiciled special purpose insurer, which it plans to use to provide collateralised capacity support for Fidelis’ reinsurance portfolio. 4 June 2018
Insurance
Specialist credit and political risk insurance broker BPL Global has established a branch in Geneva through its French subsidiary. Philippine de Villèle will join from UBS to head the office. 4 June 2018
Alternative Risk Transfer
A continued glut of capacity dampened rate increases in the recent June 1 renewals for Florida property-cat business. While rates did increase by 1.2 percent, the first rise in seven years, pricing remains 40 percent down on 2012, according to a new report by JLT Re. 4 June 2018
Insurance
Federated National Holding Company has finalised its excess of loss catastrophe reinsurance programme for 2018-2019. 1 June 2018
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