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Insurance
New York-based property/casualty holding company AmTrust Financial Services has appointed Adam Karkowsky as executive vice president and chief financial officer. 5 June 2017
Insurance
RSA Insurance Group is planning to set up a new subsidiary entity in Luxembourg as the headquarters of its existing EU branches in Belgium, France, Germany, Spain and the Netherlands. 5 June 2017
Insurance
Hamilton Re, the Bermuda-based operations of Hamilton Insurance Group, has established its first special purpose vehicle Turing Re. 5 June 2017
Insurance
Reinsurance broker and consultant JLT Re (North America), a part of Jardine Lloyd Thompson Group, has appointed Tony Manzitto as executive vice president in Los Angeles, California. 5 June 2017
Insurance
US-based global insurance distributor AmWINS Group has completed the acquisition of wholesale brokerage firm Partners Specialty Group. The purchase price has not been disclosed. 5 June 2017
Insurance
Insurers exposed to UK liability business face big hikes in their reinsurance pricing and continued uncertainty as a result of recent changes made to the personal injury discount rate in the UK despite many having already reported sizable one-off reserve charges in recent result, according to AM Best. 5 June 2017
Insurance
Syndicate Research Limited (SRL) placed the B+^ (Above Average) Continuity Opinion of Lloyd's syndicate 2007 (Novae Syndicates Limited) under review for possible downgrade. 2 June 2017
Insurance
Lemonade, an artificial intelligence-focused insurtech company, more than doubled its clients in the past two months as “customers are ditching incumbents for Lemonade,” Shai Wininger, Lemonade co-founder, said in a blog posted on medium.com. 2 June 2017
Alternative Risk Transfer
The Lloyd’s Market Association (LMA) has formed a ‘Members’ Agent Committee’, which will represent the interest and priorities of provider and advisors of third party capital at Lloyd’s. 2 June 2017
Alternative Risk Transfer
Reinsurance broking and consultancy provider JLT Re said that the reinsurance rate decline accelerated in the 1 June 2017 renewal, falling for the sixth consecutive year. 2 June 2017
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