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Sompo Canopius, has expanded its US operations with the introduction of a US ocean marine business. 31 August 2016
Insurance
US property/casualty insurers writing cyber coverage wrote approximately $1 billion in direct written premiums volume in 2015, according to analysis from Fitch Ratings. 26 August 2016
Insurance
XL Catlin’s insurance operations has appointed Bonnie Chow as senior underwriter, political risk and trade credit for Asia Pacific, to be based in Sydney. 26 August 2016
Insurance
The Reinsurance Association of America (RAA) has reported an increase in the gross written premiums of the biggest reinsurers in the US on an aggregate basis in the second quarter of 2016 but their profits dropped in the period compared with the same period a year earlier. 24 August 2016
Insurance
XL Innovate has made a significant investment in newly established peer 2 peer insurer Lemonade. Tom Hutton, its managing partner, has also joined the board. 23 August 2016
Insurance
The members of the Association of Bermuda Insurers and Reinsurers (ABIR) made a direct contribution of $834.3 million to Bermuda’s economy in 2015, according to the association’s 11th annual ‘Bermuda Economic Impact Survey’. 18 August 2016
Insurance
Sompo Canopius has appointed Mark Newman as chief executive officer (CEO) of Asia Pacific, Middle East and North Africa (MENA), as part of an expansion of the business to look at broader geographical coverage. 17 August 2016
Insurance
While rates are showing signs of flattening out, the soft market is far from over and reinsurers are having to make tough choices on retaining market share versus protecting profits. Intelligent Insurer reports. 16 August 2016
Insurance
Channel Syndicate 2015 (Channel) at Lloyd’s has appointed John Taylor as head of international binders, expanding its binder offering. 15 August 2016
Insurance
Allianz Global Corporate & Specialty (AGCS) has appointed Thierry Portevin as global head of property and Chris van Gend as global head of engineering, both effective October 2016, and Tina Baacke as global head of Allianz Risk Consulting, effective January 1 2017. 10 August 2016
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