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Insurance
CCR Re formally split out from parent; agencies assign first ratings
CCR, the French government backed reinsurer, has now formally unbundled its open market reinsurance activities into its new subsidiary CCR Re, which commenced operations on January, 2017.   9 January 2017
Insurance
Pen appoints new chief exec as Mark Armitage moves back to broking with Gallagher
Pen Underwriting has appointed Jonathan Turner, currently executive chairman at the firm, to the role of chief executive following the departure of current managing director Mark Armitage who joins Arthur J Gallagher – the parent of Pen Underwriting.   17 January 2017
Insurance
Triton poaches QBE exec for authority manager role
Triton, the multi-disciplinary insurance sector outsourcer, has appointed John Davidson as delegated authority manager.   15 March 2016
Insurance
XL expects $75mn charge from UK Ogden rate change
Bermuda-based XL Group has said that it expects the UK’s Ogden rate change decision to cost the re/insurer around $75 million.   1 March 2017
Insurance
Lancashire sees slight decline in first half profit
Lancashire Holdings has announced that it made a net operating profit of $30.9 million over the second quarter of 2017, an improvement over the $25.6 million it made in the same period of 2016.   27 July 2017
Insurance
Channel expands property D&F division
Channel Syndicate 2015 at Lloyd’s has made a series of appointments within the international and North American lines of its property direct and facultative (D&F) division, with Claudia Adkins named as its head.   1 September 2016
Insurance
Enstar to sell Pavonia life business for $120m
Bermuda-based Enstar Group has entered into an agreement to sell its subsidiary Pavonia Holdings for $120 million to an undisclosed affiliate of Global Bankers Insurance Group, the re/insurance group of companies of Eli Global.   20 February 2017
Insurance
Willis Towers Watson makes leadership promotions in US
Broker Willis Towers Watson has appointed Scot Housh as regional lead for its corporate risk and broking (CRB) business in the Midwest, and Mark Vila to lead CRB for the greater Chicago market.   20 February 2017
Insurance
Creating the ultimate cover for COVID-19 losses — and beyond
A combination of the best financial support programmes could deliver better, more appropriate cover that is fit for an uncertain future. Intelligent Insurer reports.   11 May 2020
News
Surplus lines drained, but not dry
An A.M. Best special report outlines effects of the soft market and economic conditions impacting the surplus lines market.   1 November 2010

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