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Insurance
Lloyd’s of London has backed a proposed initiative to foster a common ice regime in the Arctic that would support the Polar Code and improve safety standards. 24 March 2014
News
Broker Miller has added non-marine treaty reinsurance specialist John Park to its team in Asia. 20 March 2014
News
Reinsurer General Reinsurance has promoted Martin Hacala to the role of global claims manager. In addition, Ron Lepinskas has joined Gen Re Claims as global casualty lines manager, and Geoff Piggot has assumed responsibility for global property lines. 20 March 2014
Alternative Risk Transfer
Tokio Marine & Nichido Fire Insurance, the property and casualty subsidiary of Tokio Marine, has issued a $245 million Bermuda-based bond for Japanese earthquake risk. 19 March 2014
News
Howden Broking Group, part of Hyperion Insurance Group, will acquire NMB Colombia Corredores de Reaseguros SA, a reinsurance broker located in Bogota. 19 March 2014
Insurance
Lloyd’s insurer Advent has strengthened its specialty line offering with the appointment of Gary Cooke to its marine division as cargo underwriter. The division currently underwrites marine hull, war, liability, aviation war and specie insurance and reinsurance. 19 March 2014
Insurance
Allianz Global Corporate & Specialty SE (AGCS), the industrial and specialist risk insurer of Allianz Group, has created a new chief claims officer position on its Management Board. 19 March 2014
Insurance
Broker Miller Insurance has bolstered its marine hull business production, broking and account handling capabilities with the appointments of Heather Clarkson and Rick Kerr, both formerly of Aon. 18 March 2014
News
JLT Towers Re Bermuda has launched its newly combined operations following the merger of JLT Re Bermuda and Towers Watson Re Bermuda. 18 March 2014
Insurance
2013 proved to be a weak year for deal flow in the insurance industry—particularly in risk-bearing sectors, according to a new study by Conning, with transaction numbers down 6.7percent compared with 2012 and the aggregate deal values down 55.3 percent. 14 March 2014
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