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Insurance
Arnott Marine, a part of Castle Insurance Services, has appointed Brian Sullivan as broker relationship director to focus on developing its cargo underwriting capability to small and medium sized brokers in the UK. 17 July 2017
Insurance
Specialty managing general agent (MGA) Nexus Group has acquired Lloyd’s coverholder Equinox Global and all other Equinox group companies. 17 July 2017
Insurance
A major global cyber-attack has the potential to trigger $53 billion of economic losses, roughly the equivalent to a catastrophic natural disaster like 2012’s Superstorm Sandy, according to a scenario described in new research by Lloyd’s and cyber risk analytics modelling firm Cyence. 17 July 2017
Insurance
Californians alone would face $1.9 billion in higher insurance costs if Congress passes a border adjustment tax as part of federal tax reform, according to a new study released today by the R Street Institute and the Pacific Research Institute (PRI). 17 July 2017
Insurance
Trade bodies have welcomed the news that the US intends to sign a covered agreement with the European Union noting that it provides certainty for reinsurers on both sides of the Atlantic. 17 July 2017
Insurance
French reinsurer SCOR has signed an agreement with the Fédération nationale de la Mutualité Française and Matmut to acquire 100 percent of the shares of MutRé. 17 July 2017
Insurance
Reinsurance broker Guy Carpenter has hired Tom Hettinger to lead its capital, structured risk, growth and rating agency advisory capabilities in the US and Canada. 17 July 2017
Insurance
Bermuda-based Sirius Group has expanded its specialty insurance platform with the addition of Robert Potter and Bob Albanese to its environmental team. 17 July 2017
Insurance
Re/insurer XL Catlin has opened a new office, focusing on political risk, credit and bond (PRCB) insurance, in Washington DC. 17 July 2017
Insurance
Specialist renewable energy insurer GCube Underwriting has appointed Steve Allen as director and Adam Hearn as senior underwriter in its London office. 17 July 2017
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