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Insurance
Aspen Insurance Holdings blamed a 2016 fourth quarter net loss on higher catastrophe losses and costs associated with efforts to reposition its insurance segment. Its full year profit also fell sharply, partly because of this. 9 February 2017
Insurance
Charles Taylor InsureTech has acquired a majority stake in Otak, an insurance technology platform business specialising in delegated authority solutions. 9 February 2017
Insurance
Specialist Lloyd's insurer Novae has appointed Dan Trueman to the role of chief innovation officer. He will retain his position as head of cyber. 9 February 2017
Insurance
Bermuda-based Aspen Insurance Holdings has appointed Matthew Botein to its board of directors. He also joins the board's investment committee. 9 February 2017
Insurance
Ed, the broker formerly known as Cooper Gay, has appointed Andy Wakefield as managing director of marine and energy reinsurance. 8 February 2017
Insurance
Global Risk Partners (GRP), a private-equity-backed investment vehicle aimed at brokers and managing general agents (MGAs), has acquired Higos Insurance Services, a commercial and personal lines insurance broker. 8 February 2017
Insurance
Munich Re believes that its business model will in the future rely increasingly on fee income and less on premium income, CFO Jörg Schneider suggested during a Feb. 7 press conference. 7 February 2017
Insurance
Attune, a technology-enabled company established by AIG, Hamilton Insurance and Two Sigma in September 2016, has appointed James Hobson as chief executive officer (CEO). 7 February 2017
Insurance
Lloyd’s managing agent Charles Taylor Managing Agency has appointed Bev Sumner as director of operations. 7 February 2017
Insurance
Specialist insurer Markel International has appointed Warren Towner as head of underwriting management and reinsurance placement. 7 February 2017
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