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Reinsurance, wholesale and specialty broker Ed has appointed Andrew Draycott as CEO-designate of Ed Broking in London. 10 December 2018
Insurance
AM Best has removed from “under review with developing implications” and upgraded the credit ratings of XL Group. 7 December 2018
Alternative Risk Transfer
AM Best has revised its market segment outlook for the global reinsurance industry to stable from negative for 2019. 6 December 2018
Insurance
Richard Milner, formerly president and chief underwriting officer of AXIS Re London & Asia-Pacific has joined VIBE Reinsurance (VIBE Re) as its first CEO. 6 December 2018
Insurance
American International Group (AIG) has appointed Sachin Shah as chief executive officer (CEO) of Asia Pacific, AIG General Insurance. 5 December 2018
Insurance
Zurich Insurance Group is on track to achieve its 2017-2019 financial targets, management said on Dec. 5, 2018. 5 December 2018
Insurance
UK-based RSA Insurance Group is transferring its European insurance business to its new Luxembourg office in preparation for Brexit. 4 December 2018
Insurance
Barbican Insurance Group has appointed Emma Watson as class underwriter for property treaty from CNA Hardy. 4 December 2018
Insurance
AM Best has changed the Financial Strength Rating (FSR) to a Non-Rating Designation of F (In Liquidation) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “f” from “a-” of California-based Merced Property & Casualty Company. 4 December 2018
Insurance
Rating agency AM Best has unveiled its new subsidiary AM Best (EU) Rating Services, based in Amsterdam, the Netherlands. 3 December 2018
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