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African Reinsurance Corporation enjoyed steady growth in the first quarter of 2017 but its profits were hit by large claims in South Africa, the Middle East and Mauritius. 22 May 2017
Insurance
Reinsurance broker and consultant JLT Re North America has appointed Greg Messenger as executive vice president in Chicago, Illinois. 19 May 2017
Insurance
The former CEO of Axis Re Jay Nichols has joined Baldwin & Lyons, the US-based property/casualty holding company's board of directors. 18 May 2017
Insurance
Bermuda-based Everest Re Group has appointed Keith Lavigne as the new leader of management and professional liability within Everest Specialty Underwriters, the management and professional liability unit of its US insurance operations. 18 May 2017
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has promoted Laura Burns to the role of head of business development – commercial. 18 May 2017
Insurance
Insurers based in the UK are creating new entities in the EU to ensure access to the market after Brexit, but the move is set to involve low numbers of staff, Standard & Poor’s suggested in a May 16 briefing in London. 17 May 2017
Insurance
Large-scale ransomware attacks, such as the ‘WannaCry’ on May 13-15, are highlighting the vulnerabilities in companies’ IT systems, which is in turn likely to increase the demand for related insurance protection. But Fitch Ratings warns insurers against aggressive expansion. 17 May 2017
Insurance
JLT Specialty USA, a subsidiary of Jardine Lloyd Thompson Group, has appointed Gabe Levitt as executive vice president. 17 May 2017
Insurance
Beazley, a provider of specialist environmental liability insurance, has increased its capabilities with the hire of two new environmental underwriters in the US. 17 May 2017
Insurance
AXA has appointed Joyce Phillips as CEO of a new business unit dedicated to customer innovation and new business models. 17 May 2017
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