New criteria for rating insurance companies unveiled by rating agency Standard & Poor’s (S&P) this week is likely to result in ratings changes – including downgrades – but it’s not yet clear how many insurers will be impacted.
DUAL, the underwriting arm of Hyperion Insurance Group, has announced a number of senior appointments in its UK operation.
ProSight Specialty Underwriter, an operating Syndicate at Lloyd’s, has appointed Colin Smith as operations manager.
XL Group has appointed Mena Cammett as a senior risk analyst and Dane Mahoney as a risk analyst to its Political Risk and Trade Credit (PRTC) business, which offers coverage for traditional political risk perils.
Aon Benfield Securities, the investment banking division of global reinsurance intermediary Aon Benfield, has appointed two new senior advisers.
Bermuda-based insurance asset manager, Pillar Capital Holdings, has appointed Jeff Franklin as senior vice president and portfolio manager.
Markel Corporation has revealed plans to launch two new businesses following its acquisition of Alterra Capital Holdings, which secured regulatory approval yesterday (May 1).
Mark Hews has been appointed as group chief executive officer at Ecclesiastical – the UK specialist insurer of charities – after joining the company in 2009 as group chief financial officer and executive director of Ecclesiastical Insurance Office.
XL Group has promoted Martin Vinkenfluegel to lead XL GAPS’ (Global Asset Protection Services) global field engineering team.
XL Group has appointed Lee Meyrick as chief underwriting officer, Global Marine and Offshore Energy.