News
Insurance
Broker Willis Towers Watson has hired Matt McKechnie as a consultant to strengthen its claims consulting business. 8 October 2018
Insurance
Mitsui Sumitomo Insurance Group (MSIG) at Lloyd’s has appointed Carl Bennett as class underwriter, energy. He will report to property underwriting manager Chris Bottomley. 1 October 2014
News
Julian Enoizi has been appointed chief executive of UK government-backed terrorism reinsurer Pool Re. Formerly the managing director of Lloyd’s insurer ProSight Specialty Underwriters, he takes over from Steve Atkins, who has decided to retire after 13 years in the position. 2 September 2013
Insurance
London-based managing general agent Lodestar Marine, a part of Ryan Specialty Group (RSG), has entered into an agreement with Bermuda-based Aspen Insurance to provide protection and indemnity (P&I) insurance to the owners of small and specialised ships. 13 February 2019
Insurance
Crawford & Company, a provider of claims management solutions, has made a strategic acquisition to expand its capabilities in the Benelux region. 4 July 2019
Insurance
Everest Re Group’s profits dipped in 2018 as a result of high levels of catastrophe losses during the year but the company’s CEO said he was pleased to still make a profit and praised the diversification of the company’s portfolio. 12 February 2019
Insurance
JLT Specialty Insurance Services, a US subsidiary of Jardine Lloyd Thompson Group, has launched an entertainment and hospitality practice following the recruitment of Joe Addison. 8 July 2015
Alternative Risk Transfer
Iran is working on the development of a range of new financial products, including insurance-linked securities (ILS) as reinsurance cover has become scarce in the country due to the reintroduction of sanctions, according to an Oct. 2 Reuters report. 4 October 2018
Insurance
Oxbridge Re has reported a net loss in its third quarter 2019 results, although Jay Madhu, president and chief executive officer, praised the reinsurer’s “conservative risk management underwriting focus” for helping the company “remain unaffected by the devastation” caused by Hurricane Dorian, Typhoon Hagibis and the recent California wildfires. 5 November 2019
Insurance
Swiss Re has reached an agreement with Japanese insurance group MS&AD Insurance Group Holdings (MS&AD) for a further investment of £315 million into ReAssure, Swiss Re's UK closed life book consolidator. 20 December 2018
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