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Insurance
Bermuda-based Validus Holdings has named Kean Driscoll as the president of the company.   11 May 2017
Insurance
Gross written premiums (GWP) at Beazley shrank slightly in the first quarter as the company bemoaned a “very challenging” rating environment but there was good news on its specialty book which both grew and enjoyed rate increases.   11 May 2017
News
Reinsurance broker and consultant JLT Re has appointed Graham Barden and Jon Warner to its aviation team as partners, based in its London office.   11 May 2017
Insurance
Leigh Ann Pusey, the president and CEO of the American Insurance Association (AIA) is stepping down on June 9, 2017 after leading the property/casualty insurance trade organisation since 2009.   11 May 2017
Insurance
Insurance broker Charles Monat Associates (CMA), which has a prominent presence in Asia, has agreed to a management buyout (MBO) to acquire 100 percent of the global wealth solutions business of Willis Towers Watson.   11 May 2017
Insurance
Specialist insurer Tokio Marine Kiln (TMK) has added construction insurance to its portal enabling brokers to quote and bind risks online.   11 May 2017
Insurance
The soft market, M&A and pressure on reserves are bolstering the interest in run-off globally, says Veekash Badal of Milliman.   10 May 2017
Insurance
There have been several interesting transactions in the past six months as a number of serial consolidators have looked to take advantage of a growing desire on the part of insurers to move certain blocks of business off their books   10 May 2017
Insurance
Specialist insurer Tokio Marine Kiln (TMK) has teamed up with Managing General Agents’ Association (MGAA) to support the UK’s delegated underwriting network.   10 May 2017
Insurance
Hannover Re is showing more optimism for the property/casualty (P&C) business which has been particularly impacted by the current soft market after recording significant growth in the first quarter of 2017.   10 May 2017

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