News
Insurance
Arcus Syndicate 1856, which is managed by Barbican Managing Agency, has hired Alex Shepherd as active underwriter from RenaissanceRe Syndicate 1458 where he was head of property. 11 July 2019
Insurance
Specialty insurance group Tokio Marine has placed its UK insurance business, Tokio Marine Kiln Insurance (TMKI), into run-off as part of its strategy to enhance focus on its Lloyd's entities, and improve overall growth and efficiency by streamlining operations. 20 June 2019
Insurance
American International Group has consolidated its assumed reinsurance operations, including Validus Re, AlphaCat and Talbot Treaty, to form one global business, called AIG Re. 20 June 2019
Insurance
American International Group (AIG) has appointed Kean Driscoll as global chief underwriting officer for property and agriculture, general insurance, and Alexander Baugh to the new role of global chief underwriting officer for casualty and financial lines, general insurance. 6 June 2019
Insurance
American International Group (AIG) has promoted David McElroy, currently president and CEO of Lexington, to president and CEO of general insurance operations in North America, taking over from Lex Baugh. 5 June 2019
Insurance
Universal Property & Casualty Insurance Company (UPCIC) has expanded the top of its reinsurance tower for a single Florida event to $3.28 billion (an increase of $134 million) as part of Universal Insurance Holdings’ 2019-2020 reinsurance programmes, effective June 1, 2019. 3 June 2019
Insurance
Airmic has today (Monday, June 3) published a boardroom edition of its flagship research report, Roads to Revolution. The report provides advice for boards and senior executives who are seeking to manage risk and resilience in the context of the digital age. 3 June 2019
Insurance
Bermuda-based AXIS Capital Holdings has hired Kelly Isikoff as chief information security officer (CISO) from RenaissanceRe. 28 May 2019
Insurance
Talbot Underwriting, a subsidiary of American International Group (previously Validus Holdings), is closing its Australian office and Lloyd’s China division, in a move the company hopes will bring "enhanced value" to its partners in the region. 28 May 2019
Insurance
Seven insurance firms have joined the property and casualty sector of The Institutes RiskStream Collaborative, an organisation testing blockchain-based applications, including a proof of insurance, and a first notice of loss data-sharing process. 22 May 2019
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