News

News

Singapore Reinsurers Association unveils executive committee line-up

The Singapore Reinsurers’ Association (SRA) has re-elected Marc Haushofer, chief executive officer Asia Pacific & EVP of Validus Reinsurance Company, as its chairman for another term.   25 June 2018

Insurance

Financial and professional lines dominate Lloyd's electronic placement

Financial and professional lines dominate the adoption of the digital Placing Platform Limited (PPL) at Lloyd’s, binding just under 60 percent of their risk over the platform while most major classes are binding over 10 percent, according to data published by the London Market Group.   25 June 2018

Insurance

Chilton returns to Capsicum Re to drive next phase of growth

Grahame ‘Chily’ Chilton, the founding partner of Capsicum Re, is rejoining the specialist reinsurance broker later this year and step down from his role as UK chief executive officer (CEO) of Arthur J Gallagher.   21 June 2018

Alternative Risk Transfer

Texas Windstorm Insurance Association secures $1.4bn reinsurance cover

The Texas Windstorm Insurance Association (TWIA) has secured $1.4 billion in reinsurance coverage for the 2018 hurricane season, according to its annual report.   21 June 2018

Insurance

Chubb reveals North America commercial insurance leadership changes

Property/casualty insurer Chubb has appointed Paul Lewis North America commercial insurance industry practice leader for its North American mid-market segment.   21 June 2018

Insurance

Monument Re acquires run-off portfolio from Metlife Europe

Bermuda-based Monument Re has acquired a run-off portfolio of linked and traditional business from Metlife Europe.   21 June 2018

Insurance

Insurtech Ethos launches with $11.5m in financing

New life insurer Ethos has started operating in the US with $11.5 million in financing led by Sequoia Capital.   21 June 2018

Insurance

AmTrust shareholders decide on privatisation plan

AmTrust Financial Services’ shareholders are voting today, June 21, 2018, at 10:00 am (EDT) in a special meeting on the privatisation plan of the specialty insurer.   21 June 2018

Insurance

LIIBA appoints two new committee chairs from JLT and Capsicum

The London and International Insurance Brokers’ Association (LIIBA) has appointed Sarah Pepiatt and Steve Williams as new committee chairs.   20 June 2018

Insurance

Crawford sells legal services subsidiary for $42m to Epiq

Crawford & Company, a provider of claims management solutions, has sold its legal administrative services unit Garden City Group (GCG) to legal services company Epiq.   19 June 2018

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