XL Group has hired Dave Schmitz to lead XL Group’s global Property Risk Engineering Services, including XL Global Asset Protection Services, a network of risk engineers who provide on-site property risk analysis and support clients’ property loss prevention programmes.
Credit Suisse has estimated that Typhoon Neoguri could cause insured losses of around $1 billion, according to an update released by DCG Iris.
Senate President Don Gaetz has appointed Jim Henderson to the Citizens Property Insurance Corporation board of governors.
Endurance has responded to suggestions that shareholders will be hit by “unnecessary” costs if the company was to gain control of Aspen, by stating that the long term benefits to Aspen shareholders would significantly outweigh any short term costs.
Arch Capital Group has strengthened the company’s board of directors with two appointments.
Jardine Lloyd Thompson Capital Markets (JLTCM) has closed another Market Re private placement cat bond (Market Re 2014 -4) at $30 million via two separate classes.
Arthur J. Gallagher (AJG) has poached two Towergate executives as it seeks to strengthen the senior management team of its e-MGA division.
Deutsche Asset & Wealth Management (DeAWM) has appointed Randy Brown as head of the United Kingdom, a newly created role.
Triton Global, a commercial claims organisation, has made a number of new promotions, including three new partners.
Former Argo chief underwriting officer (CUO), Andrew Carrier, has joined Everest Re as president of Everest Advisors, UK and general manager of European operations.