News
Insurance
Charles Taylor Managing Agency (CTMA) has appointed Colin Grint as chief executive officer. He will join CTMA later in 2018 from Capita Managing Agency. 17 July 2018
Insurance
Jay Nichols, the former chief executive officer of Axis Re, has joined New York-based specialty personal lines insurer National General Holdings as an independent member of the board of directors. 9 November 2017
Insurance
AM Best has maintained a “negative outlook” for the UK non-life insurance market as it is buffeted by economic and political uncertainty caused largely by Brexit. 29 March 2019
Alternative Risk Transfer
Brazilian reinsurer Terra Brasis Resseguros has renewed a cat bond that provides it with protection against certain types of property-catastrophe risk in Latin America on an indemnity basis. 6 March 2018
Insurance
Arcus Syndicate 1856, part of Barbican Insurance Group, has expanded its team with the appointment of a specialist property treaty underwriter. 15 March 2017
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
A lack of standard terminology in cyber insurance policies causes confusion for brokers and customers, and is a ultimately stifling market growth, the CEO of cyber insurance comparison engine Cyber|Decider has warned. 7 January 2019
Alternative Risk Transfer
New risk transfer products using structures underpinned by the capital markets and particularly the insurance-linked securities (ILS) community have represented the industry’s key source of innovation in recent years, Brian Secrett, chief underwriting officer at Tokio Millennium Re (TMR), told Baden-Baden Today. 24 October 2018
Insurance
E+S Rückversicherung, a subsidiary of Hannover Re which writes German reinsurance business, said it expects positive premium development in the German market for the upcoming round of treaty renewals at January 1, 2019, albeit at a somewhat more muted pace than in the previous year. 24 October 2018
Alternative Risk Transfer
The Federal Emergency Management Agency (FEMA) has secured $500 million in reinsurance for its National Flood Insurance Program (NFIP) through capital markets. 1 August 2018
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