The Cayman Islands has enacted regulations aimed at enhancing the Island's insurance statutory framework and providing more flexibility for insurers.
CNA Hardy has expanded its healthcare segment through Hardy, the company’s Lloyd’s platform.
The European Commission has approved Flood Re, the UK Government’s scheme to pool flood risk.
XL Group has appointed Rob Turner as lead consultant to establish its complex accounts capabilities in London.
Increased trading in the secondary insurance-linked securities (ILS) market will offer many benefits to the reinsurance industry, such as a more detailed view of appropriate pricing.
Canopius Group, the specialty re/insurance platform of Sompo, has expanded its US operations with the appointment of Bradley Winfield as head of US direct property.
Scottish independent broker Clark Thomson Insurance Brokers has agreed to purchase Willis’ commercial business in Scotland.
Validus Holdings’ profits fell in 2014 despite a strong fourth quarter. Its overall result was hit by high third quarter losses in aviation war and energy lines.
US insurer Chubb posted a small fall in profits for 2014, largely because of high catastrophe losses in the first half of 2014.
Jardine Lloyd Thompson (JLT) has reshuffled its senior leadership. The changes were prompted by the retirement of JLT’s UK employee benefits business chief executive but extend into its Asia business where it has recruited a senior executive from Willis.