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Insurance
The London Market Group (LMG) has reappointment Nicolas Aubert, head of Great Britain for Willis Towers Watson, as its chairman for another term. 28 April 2017
Insurance
Liberty Specialty Markets (LSM), part of the Liberty Mutual Insurance Group, has appointed Stuart Sutherland as its new head of casualty. 26 April 2017
Insurance
Towergate Insurance, an independent insurance intermediary in the UK, has said that it plans to restructure a number of central finance processing teams resulting in 133 employees being placed at risk of redundancy. 25 April 2017
Insurance
Re/insurer XL Catlin has expanded its mergers and acquisitions (M&A) insurance product suite while strengthening its global team with three key hires. 25 April 2017
Insurance
NMI Holdings said that its subsidiary National Mortgage Insurance Corporation is preparing for a capital markets-based reinsurance transaction with a newly-formed Bermuda special purpose insurer to purchase $211.3 million of excess of loss reinsurance protection. 25 April 2017
Alternative Risk Transfer
Organisations believe that their cyber assets are more valuable than plant, property and equipment (PP&E) assets despite spending four times more budget on insurance protecting the latter risks, according to the latest Aon/Ponemon report. 25 April 2017
Insurance
Specialist insurer Beazley has managed an increased number of data breaches on behalf of clients in the first quarter of 2017, driven by phishing techniques. 25 April 2017
Insurance
Hamilton Re, the Bermuda-based property/casualty reinsurer of Hamilton Insurance Group, has agreed to acquire the renewal rights to Canopius Underwriting Bermuda's (Sompo Canopius) excess casualty insurance book of business. The transaction is expected to close mid-year. 24 April 2017
Insurance
Broker Willis Towers Watson has strengthened its global FINEX business with several key leadership appointments. 20 April 2017
Insurance
The Travelers Companies' profits fell in the first quarter of 2017, which the company blamed on a $62 million pre-tax impact from the UK’s Ogden rate adjustment, a lower underlying underwriting gain and higher catastrophe losses. 20 April 2017
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