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Insurance
Specialty insurer Brit has appointed former Axis Capital executive Tim Chesson as senior vice president, programmes in the US. 6 February 2017
Insurance
QuanTemplate Technologies, a financial technology company formed by former reinsurance executives, has appointed Iain Davie as senior solutions architect with immediate effect. 6 February 2017
Insurance
Fiscal budgets in the Middle East remain under pressure from low oil prices, which is likely to continue to result in reduced government expenditure and negative pressures in terms of insurance business volumes, according to AM Best. 3 February 2017
Insurance
Towergate, an independent insurance intermediary in the UK, has made changes to the executive management of its subsidiary Paymentshield, whose CEO Steve Wood is leaving the business. 2 February 2017
Insurance
Property and casualty insurer Chubb has promoted Steve Parry to the role of director of claims for Europe and Eurasia and Africa, succeeding Peter Murray, who is retiring this year. 2 February 2017
Insurance
In its last set of full-year results ahead of its acquisition by Fairfax, Allied World Assurance Company posted a solid set of results for 2016 with gross written premiums stable and an increase in its profits driven largely by its investment performance. 2 February 2017
Insurance
Lloyd’s insurance broker and coverholder Shepherd Compello has appointed Steve Hart as divisional director responsible for delegated authority business, as the company looks to grow in its specialist markets. 2 February 2017
Insurance
Ed, a reinsurance, wholesale and specialty broker formerly known as Cooper Gay, has appointed Neil Perry as the group chief financial officer (CFO), replacing Russell Benzies, who is leaving the group. 1 February 2017
Insurance
Profits at Chubb soared in both the fourth quarter of 2016 and for the full year, reaping the rewards of the ACE-Chubb merger as Evan Greenberg, the company’s CEO, said the company had “achieved or exceeded substantially all of the financial and non-financial targets we set at the time of the merger”. 1 February 2017
Insurance
RenaissanceRe Holdings (RenRe) has reported net income of $69.4 million in the fourth quarter of 2016, a fall from the $92.2 million it reported in the fourth quarter of 2015. However, the Q4 figures take RenRe’s total 2016 net income to $480.6 million, up on the $408.8 million it made in 2015. 1 February 2017
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