News

Insurance

AM Best seeks growth in Continental Europe with ex-Generali hire

Ratings agency AM Best has appointed Riccardo Ciccozzi as director of market development, Europe, as part of its strategic growth initiative in Continental Europe.   12 October 2017

Insurance

JLT Specialty USA adds marine specialty practice

JLT Specialty USA, a US subsidiary of re/insurance provider Jardine Lloyd Thompson (JLT), has unveiled the addition of a marine specialty practice.   20 November 2015

Insurance

AM Best warns of increased Brexit uncertainty for UK insurers

AM Best has warned that uncertainty as to the UK’s future trading relationship with the EU has increased following the vote in the House of Commons on Jan. 15, 2019, rejecting the deal terms agreed with the EU by Prime Minister Theresa May’s government.   17 January 2019

Insurance

CNA appoints new technology and operations leaders

Insurer CNA has appointed Bahr Omidfar as senior vice president and chief technology officer, and Joyce Trimuel as chief operations & diversity officer.   5 February 2018

Insurance

AEGIS London appoints MD

AEGIS London, the UK-based subsidiary of AEGIS, has appointed David Croom-Johnson as its new managing director (MD).   12 June 2015

Alternative Risk Transfer

Hurricane Irma expected to become capital event for re/insurers

Hurricane Irma is expected to cause much higher insured losses than Hurricane Harvey and may result in a capital event for re/insurers, said a report published Sept. 8 by S&P Global Ratings.   9 September 2017

Insurance

Private equity firms buy stakes in Sirius in private placement

Bermuda-based Sirius International Insurance Group has entered into equity subscription agreements with affiliated funds of Gallatin Point Capital, The Carlyle Group, Centerbridge Partners, and Bain Capital Credit.   31 August 2018

Insurance

PartnerRe unveils leadership changes, replaces chairman

Bermuda-based PartnerRe has appointed Brian Dowd to succeed John Elkann as chairman of the company’s board of directors alongside several other leadership changes.   31 August 2018

News

Aon bolsters cyber leadership to boost growth, innovation

Broker Aon has promoted Catherine Mulligan and Luke Foord-Kelcey within its reinsurance solutions business to strengthen its suite of cyber products for insurers.   31 August 2018

Insurance

Validus faces $30m California Wildfires bill

Validus expects the net impact from the October 2017 California Wildfires to be $30.0 million.   8 December 2017

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