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Insurance
The Texas Windstorm Insurance Association (TWIA) has said it is in its best financial position since Hurricane Ike in 2008 having raised $500 million to assist in paying future catastrophic claims. 1 October 2014
article
Cooper Gay Asia, the Asian arm of the reinsurance and wholesale broker Cooper Gay Swett and Crawford (CGSC), has appointed a Willis executive to develop niche product offerings. 1 October 2014
Insurance
XL has boosted its North America property insurance team with the appointment of Jay Smelser as South Central regional leader. 30 September 2014
article
ERS has appointed Donna Willis as head of personal injury claims. She will report to claims director Peter Smith. 30 September 2014
Alternative Risk Transfer
Rating agency AM Best has published new draft rating criteria for insurance-linked funds (ILF) and is seeking comments from market participants. 30 September 2014
Insurance
State Insurance, a New Zealand subsidiary of Insurance Australia Group (IAG), is consulting with employees on proposals that could see the closure of the bulk of its branch network. 29 September 2014
Insurance
David Bruce, the active underwriter of the Acappella syndicate 2014, which was formed by Pembroke Management Agency last year, has resigned. 26 September 2014
Insurance
The Bank of England will hold insurers to close scrutiny in terms of the models they use to comply with regulations such as Solvency II, Mark Carney, the governor of the Bank of England, said in a speech this week. 26 September 2014
Insurance
Swiss Re pledged $10bn in insurance protection and expertise to help nations strengthen climate resilience by 2020 at the Climate Summit in New York this week. 26 September 2014
Insurance
Liberty Mutual Insurance’s national accounts property operation has appointed C. Wesley Sellers as Southeast division manager. 25 September 2014
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