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Insurance
Both the CEO Mike Dashfield and chairman Göran Thorstensson of Sirius International Managing Agency (SIMA), the Lloyd’s managing agency of Sirius, will be stepping down from their positions at the end of the year. 11 October 2016
Insurance
ArgoGlobal, a Lloyd’s insurer and member of Argo Group, has appointed Louisa Honeybun as senior livestock underwriter, effective immediately. 11 October 2016
Insurance
Willis Re has appointed Ronnie Carroll as head of structured solutions for Europe West and senior UK client advisor. 11 October 2016
Insurance
In an attempt to bring greater collaboration between the world’s terrorism re/insurance entities, Pool Re has launched the International Forum of Terrorism Risk (Re)Insurance Pools (IFTRIP). 10 October 2016
Insurance
Neon has appointed Angus Wilson as head of marine, effective September 30. 10 October 2016
Insurance
Hurricane Matthew will represent a real test of reinsurers’ exposures and resilience as it has the potential to erode some of the global reinsurance sector's excess capital, according to a report by S&P Global Market Intelligence. 7 October 2016
Insurance
Blue Marble Microinsurance, a body of eight companies aimed at creating a market for microinsurance, has made its first venture in Zimbabwe, with the aim of providing drought protection to smallholder maize farmers. 7 October 2016
Insurance
After battering Japan’s Okinawa Prefecture with high winds and heavy rain on October 3, Typhoon Chaba moved north and east to Jeju Island and the southern coast of South Korea, according to catastrophe modeling firm AIR Worldwide. 6 October 2016
Insurance
The financial strength ratings (FSR) of Asia Capital Re have been placed under review with developing implications by AM Best and on CreditWatch with negative implications by S&P Global Ratings. 6 October 2016
Insurance
In the current challenging soft market and low interest rate environment, large re/insurance companies are in an advantageous position as they can better absorb the pressure and find alternative income sources. Search for scale is therefore likely to drive M&A activity in the coming years, Intelligent Insurer reports. 6 October 2016
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