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Insurance
The Hanover Insurance Group has appointed Richard Lavey as president of Hanover Agency Markets, succeeding John Roche, who was recently named president and CEO of The Hanover. 8 November 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
Insurance
Fitch Ratings has placed the ratings of Marsh & McLennan Companies (MMC) on Rating Watch Negative following its agreement to acquire Jardine Lloyd Thompson Group (JLT) for roughly $5.6 billion. 24 September 2018
Insurance
Specialty insurance holding Navigators Group has hired Chubb's James Rhyner to lead its US professional and management liability business. 16 August 2017
Insurance
Berkshire Hathaway Specialty Insurance Company (BHSI), has introduced its cyber liability insurance office in New Zealand and appointed Ian Marshall as senior underwriter, executive and professional lines. 28 July 2016
Insurance
Meir Lewis has been appointed managing director and head of insurance investment banking at Deutsche Bank. 20 June 2017
Insurance
Moody’s Investors Service has warned that the Ogden discount rate of minus 0.25 percent, revealed today by the UK’s Lord Chancellor, will mean a “one-off hit to earnings” for reinsurers that have been working to expectations of a new rate between zero and 1 percent. 15 July 2019
Insurance
Property/casualty re/insurer Alleghany Corporation reported a net loss of $314.2 million for the 2017 third quarter, compared with net earnings of $155.8 million in the 2016 third quarter. 3 November 2017
Insurance
Homeowners insurer HCI Group reported a net loss of $40.5 million for the third quarter of 2017 compared with a net income of $11.3 million in the same period a year ago. 3 November 2017
Insurance
SCOR Global Life has made several promotions in the US with immediate effect, including chief actuary, COO and head of US markets. 14 February 2017
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