News
Insurance
XL Catlin’s insurance operation in France has appointed François-Xavier d’Huart as head of client and broker management and Stéphane Gobet as client and distribution leader. 6 September 2016
Insurance
Sompo Canopius, a specialty re/insurer, has appointed Spencer Pearce as head of heavy industry. 5 September 2016
Alternative Risk Transfer
Having weathered competitive and recessionary challenges, Bermuda is experiencing a renaissance of sorts. Turbulence and uncertainty in other global hubs are making the industry’s traditional incubator of change look very much like a safe harbour for companies seeking robust and innovative risk-transfer solutions. Bermuda:Re+ILS reports. 2 September 2016
Insurance
US property/casualty insurers writing cyber coverage wrote approximately $1 billion in direct written premiums volume in 2015, according to analysis from Fitch Ratings. 26 August 2016
Insurance
American International Group (AIG) has appointed Cindy Leggett-Flynn as senior vice president and chief communications officer. 23 August 2016
Insurance
Zurich Insurance (Hong Kong) has appointed Philip Chiu as the head of its global corporate division. 22 August 2016
Insurance
Moody's Investors Service (Moody's) has placed Arch Capital’s A1 insurance financial strength rating on review for downgrade after its agreement to acquire United Guaranty Corporation (UGC) from American International Group (AIG) for $3.4 billion. 18 August 2016
Insurance
AM Best has placed under review with developing implication the financial strength rating of A+ of Arch Reinsurance and its strategic affiliates, after Arch Capital agreed to acquire United Guaranty Corporation and AIG United Guaranty (Asia) from American International Group (AIG). 18 August 2016
Insurance
Allianz Global Corporate & Specialty (AGCS) has expanded its crisis management team with the appointment of Stewart Eaton to the role of head of product recall for regional unit London (RUL), effective immediately. 17 August 2016
Insurance
The recent sale of American International Group’s (AIG) mortgage insurer, United Guaranty Corporation (UGC), to Arch Capital Group will not affect the AIG’s ratings, according to Fitch Ratings. 17 August 2016
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