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Insurance
Lower than expected increases in claims costs as a result of changes to the Ogden discount rate boosted the results of UK insurer Direct Line in the first half of 2017. 1 August 2017
Insurance
Non-life insurance-linked securities (ILS) issuance reached a record breaking $6.3 billion in Q2 2017, continuing the trend from the first quarter of the year. ILS assets under management (AUM) also continue to grow alongside fierce competition from investors. 1 August 2017
Insurance
Marsh & McLennan Agency (MMA), the middle market agency subsidiary of Marsh, has appointed Bill Jeatran as president, and Christina Mott as chief operating officer. 1 August 2017
News
Greenlight Capital Re has appointed Hope Schefler Taitz to its board of directors as an independent director. The appointment increases the board size from eight directors to nine. 1 August 2017
Insurance
Improved underwriting results in property & casualty (P&C) have helped US-based commercial insurer CNA Financial to grow its profits in the second quarter of 2017. 31 July 2017
Insurance
Hong Kong is on the path to becoming a dedicated hub for mainland China’s reinsurance needs, Peak Re said in its July Peak Times issue. 31 July 2017
Insurance
Reinsurance broker JLT Re said on July 31 that it has appointed Ben Gray as a partner in its London & International Markets (LIM) team with a focus on cyber treaty. 31 July 2017
Insurance
Ascot, Lloyd’s of London syndicate and a specialty insurance underwriter, has appointed Greg Wolyniec as head of global strategy. 28 July 2017
Insurance
Professional services firm Marsh & McLennan Companies increased revenue across its risk and insurance services in the second quarter of 2017, including reinsurance arm Guy Carpenter which grew 4 percent. 28 July 2017
Insurance
Private equity firm Oak Hill Capital Partners has acquired a "controlling equity position" in EPIC, a US retail property/casualty insurance brokerage and employee benefits consulting firm, from The Carlyle Group. 28 July 2017
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