News

Insurance

ProAssurance shuffles leadership roles as Friedman retires

Specialty insurance company ProAssurance Corporation has unveiled leadership changes following the retirement of Howard Friedman, president of healthcare professional liability.   22 February 2019

Insurance

Hurricane Maria insured losses at up to $30bn

Insured losses from Hurricane Maria will be between $15 and $30 billion, according to estimates by risk modelling firm RMS.   29 September 2017

Insurance

EU insurance policies need to remain in place post Brexit: Lloyd’s CEO

Existing EU insurance policies should stay in place after Britain leaves the bloc because the process of dividing them into British and EU contracts would be too complex, Lloyd's CEO Inga Beale told Reuters in a June 26 interview.   27 June 2017

Alternative Risk Transfer

UK ILS framework set to be in force in autumn

The UK’s economic secretary to the Treasury, Simon Barclay said that the regulation to introduce insurance linked securities (ILS) in the UK will be laid in Parliament before the summer recess and may be in force in autumn.   27 June 2017

Insurance

2017 cat losses could reach $190bn and mean downgrades

Following the devastation caused by Hurricane Maria, 2017 catastrophe losses for the global insurance and reinsurance sectors will exceed $100 billion and could reach close to $190 billion on a pre-tax basis, according to Fitch Ratings.   27 September 2017

News

Greenlight Re creates COO position for former Validus and Endurance chief actuary

Cayman Islands-based specialist property/casualty reinsurer Greenlight Capital Re has hired Michael Belfatti to the newly-created position of chief operating officer.   16 August 2017

Insurance

XL Catlin bolsters marine underwriting team in Latin America

XL Catlin has strengthened its marine underwriting team in Latin America with a series of new hires and promotions.   22 June 2017

Insurance

XL Catlin promotes E&S property regional leader in Boston

XL Catlin's excess and surplus (E&S) insurance team has named Caitlin Murphy to the role of Eastern regional vice president, E&S property.   22 June 2017

Insurance

Endurance hires CV Starr exec for head of casualty role

Endurance Specialty Holdings, the Bermuda-based specialty re/insurer, has appointed Giles Quartly as senior vice president and head of international casualty insurance.   3 March 2016

Insurance

Towergate to merge with Ryan Direct, Chase Templeton, Autonet

Towergate owners HPS Investment Partners (HPS) and Madison Dearborn Partners (MDP) plan to bring together their UK regional network of businesses, which also includes independent van insurance broker Autonet, private medical insurance brokerage provider Chase Templeton and insurance solutions Ryan Direct Group.   9 May 2017

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