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US insurer WR Berkley Corporation has estimated the impact of Ogden rate change on the company’s first quarter operating results at $30 million before tax, and $22 million after tax, the company said in a statement. 29 March 2017
Insurance
Bermuda-based Everest Re Group has expanded the financial lines division of Everest Specialty Underwriters (ESU) with a private company/not-for-profit (PC/NFP) unit and multiple key hires, the re/insurer said in a Feb. 20 press release. 21 February 2018
Insurance
DUAL North America said on Oct. 6 that Justin Tweedie will be succeeded as CEO by Jon Beckham effective January 1, 2018. 9 October 2017
Insurance
Lloyd’s has appointed Hiscox non-executive chairman Robert Childs to the position of deputy chairman. 3 July 2017
Insurance
Sompo International's US insurance platform has reached an agreement to purchase the operating subsidiaries of Lexon Surety Group. 4 January 2018
Insurance
AM Best is revising its outlook on the commercial lines segment of the US property/casualty industry to stable from negative for 2018, citing an embedded change in the sophistication of the segment’s pricing and underwriting infrastructure and the segment’s resilience amid a variety of macroeconomic and insurance market issues in recent years. 4 January 2018
Insurance
Fitch Ratings has revised its outlook on Lloyd's of London's and Lloyd's Insurance Company (China) to negative from stable because of concerns over the deterioration in underwriting performance, coupled with increasing exposure to catastrophe risk in against the backdrop of a soft market. 29 June 2017
Insurance
Aspen Insurance has appointed Lorraine Seib as global head of excess casualty. 12 April 2016
Insurance
Former Sompo Canopius CEO Stuart Davies has joined the board of UK insurtech platform REG as a non-executive director. 7 August 2017
Insurance
European re/insurance federation Insurance Europe warns over a range of protectionist measures in Indonesia, Turkey and Argentina. 7 August 2017
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