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Insurance
Commercial insurer RSA has appointed Jeroen den Tex as commercial director, Europe, responsible for developing the sales, marketing and distribution strategy across RSA’s five European operations, Nordic Hull and the Dubai International Financial Centre (DIFC). 31 October 2017
Insurance
Bermuda-based Qatar Reinsurance Company (Qatar Re) said on Oct. 31 that it appointed Manik Sethi as CEO of its Singapore branch. 31 October 2017
Insurance
Catastrophe modelling firm AIR Worldwide has introduced a new inland flood model for Japan, which it believes is the first of its kind in the sense that it is able to factor in all types of precipitation, Milan Simic, the firm’s executive vice president and managing director, international operations, told SIRC Today. 30 October 2017
Insurance
As JBA Risk Management Singapore launches new risk models in the Asia-Pacific region, Iain Willis, its managing director, explains to SIRC Today the potential of these new products and how they will benefit the region. 30 October 2017
Insurance
While the soft market encourages re/insurers to get a better handle on their data, this momentum is unlikely to abate even if the cycle now reverses and the hard market returns, says Frank Fortunato, chief executive of CATEX. 30 October 2017
Insurance
Aon said on Oct. 30 that it has acquired has acquired UK’s independent insurance broking firm Henderson Insurance Broking Group. 30 October 2017
Insurance
Lloyd’s re/insurance broker RFIB Group said on Oct. 30 that it has launched RFIB (Singapore). The new operation will serve as a hub for the continued development of RFIB’s presence across Asia, according to the statement. 30 October 2017
Insurance
Florida-based P&C insurer Accredited Surety and Casualty Company (ASC), a subsidiary of Randall & Quilter (“R&Q”), said on Oct. 30 that it has partnered with Atlas General Insurance Services (“Atlas”). 30 October 2017
Insurance
Bermuda-based Validus Holdings said on Oct. 26 that it reported a net loss attributable to shareholders of $250.4 million for the three months ended September 30, 2017. 27 October 2017
Alternative Risk Transfer
Hurricane Irma will test the infrastructure and financial wherewithal of some insurers doing business in Florida, particularly newcomers, as Chris Draghi and Michelle Baurkot of AM Best explain. 26 October 2017
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