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Insurance
The value of the global non-life discontinued insurance business exceeded $700 billion in 2017, according to research from PwC. 17 January 2018
Insurance
Insurer Aviva has appointed Colm Holmes, currently CEO of UK general insurance, as new chief executive of its Canadian business. 17 January 2018
Insurance
InsurePal, a new peer-to-peer insurer raised £15 million ($18 million) in an Initial Coin Offering (ICO) to fund its UK motor launch in the first half of 2018. 17 January 2018
Insurance
JLT Specialty, a subsidiary of Jardine Lloyd Thompson Group, has appointed Paul Woodward as head of North American casualty. 17 January 2018
Insurance
Insurance broker Lockton has promoted Nate Mundy to senior vice president and chief operating officer of its Pacific operations in the US. 17 January 2018
Insurance
Navigators Management (UK) and Thomas Miller Specialty have entered into exclusive discussions under which Thomas Miller Specialty would acquire Navigators’ fixed-premium protection and indemnity business. 16 January 2018
Insurance
Reinsurance broker JLT Re has appointed Aon's chief operating officer as its Asia Pacific CEO. Jeremy Fox replaces Stuart Beatty, who is leaving the business to pursue alternative career opportunities. 16 January 2018
News
Korean Reinsurance Company is set to establish a subsidiary in Switzerland, according to AM Best’s Jan. 16 Asia-Pacific newsletter. 16 January 2018
Insurance
Lloyd’s Market Association (LMA) has appointed a Markel executive as chairman of its Worldwide Property Panel, which leads on a wide range of issues affecting Lloyd’s managing agents and syndicates on behalf of the Lloyd’s market. 16 January 2018
Insurance
CapSpecialty, through its wholly-owned subsidiary Capitol Indemnity Corporation, has acquired the renewal rights to Rockhill Insurance Group's environmental book of business. 16 January 2018
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