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Alternative Risk Transfer
Armour Group Holdings, a Bermuda-based insurance group, has made an investment in Cobalt Insurance Holdings, a London-based provider of Shariah compliant insurance and reinsurance products. 19 January 2016
Insurance
Arthur J Gallagher, the international division of insurance broker Arthur J Gallagher & Co, has appointed Tim Fisher as joint managing director (MD) of its national specialist trade credit and surety practice, which he will lead alongside current MD Martin Holland. 19 January 2016
Alternative Risk Transfer
Tokio Solution Management, a subsidiary of Tokio Millennium Re, has appointed Butch Agnew as vice president (VP), insurance-linked securities (ILS) portfolio management. 19 January 2016
Insurance
Insured losses from natural disasters in 2015 hit $35 billion, 31 percent below the 15-year average of $51 billion and the lowest annual insured loss total since 2009. 14 January 2016
News
SCOR has successfully sponsored a new catastrophe bond, Atlas IX Series 2016-1, which will provide the group with multi-year risk transfer capacity of $300 million to protect itself against US Named Storm and US and Canada Earthquake events. 13 January 2016
Insurance
ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has appointed Stewart Muirhead as casualty wordings manager. 12 January 2016
Insurance
Global catastrophe losses are expected to surpass $2 billion for the month of December, according to Impact Forecasting’s monthly catastrophe recap report. 7 January 2016
Insurance
JLT Specialty USA, subsidiary of re/insurance broker Jardine Lloyd Thompson Group (JLT), has appointed Roger Madden as a senior vice president. 6 January 2016
Insurance
London-based Barbican Insurance Group has appointed Michael McGeown as a marine liability underwriter. 5 January 2016
article
SCOR, the global reinsurance firm, has made a number of executive appoints to its Americas property & casualty subsidiaries. 23 December 2015
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