News

Insurance

Category 5 super typhoon Mangkhut to batter the Philippines

Typhoon Mangkhut will landfall along the northeastern coast of Luzon, Philippines within the next 20 hours as a very intense category 5 super typhoon, according to Aon’s Impact Forecasting Cat Alert.   14 September 2018

Insurance

Liberty merges Canadian subsidiaries

Boston-headquartered Liberty Mutual Insurance is rebranding its Liberty International Underwriters (LIU Canada) and Ironshore Canada units as Liberty Mutual Canada.   14 September 2018

Insurance

Validus Specialty expands into crisis management with Liberty hire

Validus Specialty has expanded its product suite with the launch of crisis management insurance solutions in the US, and appointed Jane McCarthy to lead the development of the new portfolio.   14 September 2018

Insurance

Travelers taps new chief information officer from Liberty Mutual

Property/casualty insurer Travelers Companies has appointed Mojgan Lefebvre as executive vice president and chief information officer. She succeeds Madelyn Lankton, who will retire this month after 36 years with Travelers.   12 September 2018

Insurance

Liberty Mutual launches new global unit to serve M&A market

Liberty Mutual has launched a new global transaction solutions (GTS) unit to serve the growing market for mergers & acquisitions (M&A) insurance solutions.   12 September 2018

Insurance

Zurich North America names new chief underwriting officer

Zurich Insurance has appointed Brandon Fick as new chief underwriting officer for Zurich North America.   12 September 2018

Insurance

Everest bolsters cyber practice with Zurich, Arch and Liberty hires

Everest Insurance has expanded its Everest Specialty Underwriters (ESU) financial lines group with the addition of three new cyber liability team members.   12 September 2018

Insurance

Argo unit Colony Specialty appoints new casualty leader

Bermuda-based excess and surplus (E&S) lines carrier Colony Specialty, a member of Argo Group International Holdings, has appointed Jeff Canfield to serve as head of casualty.   12 September 2018

Insurance

Florence may hit US as category 5 hurricane

Hurricane Florence is currently a category 4 hurricane and may intensify to a category 5 hurricane in the next 24 hours, according to data provider AIR.   12 September 2018

News

Allianz looks to finesse manmade risks placement

Allianz is pleased with how its property-catastrophe reinsurance programme responded to the 2017 losses related to hurricanes Harvey, Irma and Maria (HIM) but it is still refining the way it covers manmade risks in its portfolio, Amer Ahmed, CEO of Allianz Re, which handles the insurer’s reinsurance buying programme, told Monte Carlo Today.   12 September 2018

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