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Insurance
Pioneer Underwriters, the underwriting group within Minova Insurance, has expanded its miscellaneous errors and omissions (E&O) division with two new appointments. 20 April 2017
News
Aggregate shareholders’ funds for companies included in the Willis Re Index, which examines the results of the world’s biggest reinsurance groups, increased by 4 percent to $344.1 billion as at 31 December 2016, according to the latest Reinsurance Market Report from Willis Re. 20 April 2017
Insurance
US insurer WR Berkley Corporation has appointed the lead equity analyst covering insurance at Goldman Sachs to join its corporate investment arm as a director. 20 April 2017
Insurance
Re/insurer XL Catlin has raised its terrorism insurance coverage limits to $250 million in the US on the back of what it said was businesses’ increased concerns about potential terror risks. 20 April 2017
Insurance
Insurance broker NFP has acquired the US-based intermediary Associated Agency Group, which specialises in personal and commercial property/casualty insurance. 19 April 2017
Insurance
Re/insurer XL Catlin has appointed Maria Duhart as head of commercial bonds. She most recently served as head of commercial surety at Nationwide. 19 April 2017
Insurance
The American Association of Managing General Agents (AAMGA) and The National Association of Professional Surplus Lines Offices (NAPSLO) look increasingly likely to merge following the approval of a merger proposal by the boards of each respective body. 19 April 2017
Alternative Risk Transfer
PCS has claimed that its launch of a new loss index covering the global marine and energy markets could help bring new risks to the insurance-linked securities (ILS) markets, a necessity if that form of risk transfer is to continue to grow and develop. 19 April 2017
Insurance
Private cat bonds offer flexibility and less frictional costs 19 April 2017
Insurance
Levels of catastrophe bonds issuance broke new records in the first quarter of 2017, according to the PCS Q1 2017 Catastrophe Bond Report, but its authors stressed that it is difficult to draw firm conclusions from this because of the changes in the mixture of bonds issued. 19 April 2017
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