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Insurance
AM Best reduces Aspen outlook due to volatility
Rating agency AM Best has revised the Issuer Credit Rating (ICR) Outlook to Stable for Aspen Insurance Holdings and its subsidiaries.   18 December 2017
Insurance
HCI Group appoints executive vice president
Homeowners' re/insurance provider HCI Group has appointed Karin Coleman to executive vice president.   18 December 2017
Insurance
Fidelis acquires equity stake in new MGA to add surety capacity
Bermudian Fidelis Insurance has taken an equity stake in new managing general agent (MGA) Firestone Surety and will be providing underwriting capacity.   15 December 2017
Insurance
Howden enters Mexico through local partnership
Howden, the retail broking arm of Hyperion Insurance Group, has partnered with motor specialist Grupo Ordás, one of Mexico's top five brokers, to enter the Mexican insurance market.   15 December 2017
Insurance
Generali appoints first group chief ops & insurance officer
The board of directors of Assicurazioni Generali has appointed Jaime Anchustegui Melgarejo to the new position of group chief operations & insurance officer with effect Jan. 1, 2018.   13 December 2017
Insurance
Broker Network acquires Thompson & Richardson
UK’s network for independent insurance brokers is extending its regional footprint with the acquisition of Lincolnshire-based Thompson & Richardson.   13 December 2017
Insurance
Fidelis co-founder and former CFO re-joins Third Point Re board
Former Fidelis chief financial officer, Neil McConachie is joining the board of directors of Bermuda-based Third Point Reinsurance.   13 December 2017
Insurance
Reinsurance veteran joins Chaucer board
Specialist Lloyd's insurance group Chaucer has appointed Jerome Faure as an independent non-executive director of its managing agency and main operating company Chaucer Syndicates Limited (CSL).   13 December 2017
Insurance
California wildfires prompt regulator action
The California Department of Insurance has issued a notice to insurers asking them to agree to expedite wildfire claims handling and adopt a billing grace period.   13 December 2017
Insurance
California regulator warns insurers over auto policy practices
The California Department of Insurance issued a formal notice to insurers directing them to cease any and all moratoriums on auto insurance and reminding them that California law prohibits this practice.   13 December 2017

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