News
Insurance
PERILS, the Zurich-based organisation that provides catastrophe insurance data, has released its initial loss estimate from the UK floods stemming from storms Eva and Frank in December 2015, and further low pressure systems in early January 2016. 5 February 2016
Insurance
Bermuda-based White Mountains Insurance Group reported a "tough fourth quarter" with $141 million comprehensive loss attributable to common shareholders across its portfolio of businesses. This compares with a profit of $23 million for the same period in 2017. 7 February 2019
Alternative Risk Transfer
Twelve Capital, the Zurich-based independent investment manager, has opened an office in London. 8 October 2014
Insurance
Bermuda-based property/casualty re/insurer Sompo International is acquiring the renewal rights to Novae’s financial institutions (FI) portfolio which had annual gross written premiums in excess of $25 million. 31 May 2017
Insurance
Liberty Specialty Markets (LSM), a part of Liberty Mutual Insurance, has appointed Bas Wijnhoven to the new role of senior underwriter – directors and officers (D&O) and crime for the Netherlands. 27 November 2017
News
XL Group has appointed Christian Daniele as senior property facultative underwriter – reinsurance. He will be based in Zurich and will report to Alexander Galea, senior vice president and manager, property facultative. 21 January 2014
Insurance
Re/insurance broking and advisory firm Beach has created a new specialty and wholesale platform to be headed by former Integro leaders John Sutton and Toby Humphreys. 12 March 2018
Insurance
SmarterSafer, a national coalition of environmental groups and insurance interests, has urged US lawmakers to find a long term and sustainable solution for the National Flood Insurance Program (NFIP) rather than allowing short-term extensions. 22 December 2017
Insurance
Broker Jardine Lloyd Thompson Group (JLT) said on Oct. 26 that the European Commission (EC) has initiated an investigation into the aviation insurance sector following the UK Financial Conduct Authority’s (FCA’s) discontinuation of its investigation. 27 October 2017
Insurance
Hedge fund-backed Greenlight Capital Re reported a loss for the first quarter of 2018 driven by investments. 1 May 2018
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