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Insurance
South Florida rates driven up by AOB water claims
An analysis conducted by Citizens Property Insurance Corporation for state insurance regulators has found that water loss claims, exacerbated by assignment of benefits, are driving higher rates in South Florida and increasingly across the state.   25 January 2016
News
Aon Benfield appoints CEO of Fac division
Reinsurance broker Aon Benfield has appointed Andrew Laing as chief executive officer (CEO) of Aon Benfield Fac, the firm’s facultative reinsurance division.   22 January 2016
Insurance
AM Best boosts Asia team with Lloyd’s and Qatarlyst hires
AM Best has expanded its managing team for the Asia-Pacific region by appointing former Lloyd’s executive Jose Ribeiro as managing director and Qatarlyst CEO James Sutherland as commercial director.   21 January 2016
Insurance
Nexus appoints RSA exec as director of Millstream
Specialty managing general agent Nexus Underwriting Management has appointed Tim Brangwyn as director of its subsidiary Millstream Underwriting.   21 January 2016
Insurance
XL Catlin opens thirds Australian office
XL Catlin’s insurance segment has opened its third office in Australia, located in Brisbane.   20 January 2016
Alternative Risk Transfer
ILS confidence leads to record $70bn capital in 2015
Non-life insurance-linked securities (ILS) capital hit new heights in 2015 as re/insurer interest and investor confidence continued to grow, according to a new report by global advisory, broking and solutions company, Willis Towers Watson.   20 January 2016
Insurance
BMS appoints former sergeant cyber risk intelligence director
BMS Group, the independent specialist insurance and reinsurance broker, has appointed Ryan Jones as director of cyber risk intelligence.   20 January 2016
Insurance
AJG hires Marsh exec for joint MD role
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
Insurance
CFC poaches Aspen exec for cyber underwriting team
CFC Underwriting, a Lloyd’s managing general agent (MGA), has appointed Andrew Prendergast to join its corporate cyber underwriting team.   19 January 2016
Alternative Risk Transfer
Tokio Solution appoints Dyna Management exec as ILS VP
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

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