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Motor insurance remains one of the most fiercely competitive business segments in the Middle East, according to a report by AM Best, that highlights the challenges facing insurers writing this business in the region. 4 October 2016
Insurance
XL Catlin’s insurance operations has promoted Paul Rothery to the position of regional product leader for marine liabilities and ports in Europe and Latin America. 4 October 2016
Insurance
JLT Re (North America) has appointed John Speckman as senior vice president, who will join the workers’ compensation and programmes practice and will be based in Stamford, Connecticut. 4 October 2016
Insurance
Brit Global Specialty USA (BGSU), a subsidiary of Brit, has appointed Will Frohne as vice president (VP), cargo, and Craig McGinnes as VP, yacht, as part an expansion of its marine business. 4 October 2016
Insurance
The chairman and CEO of TigerRisk Partners UK, John Goldsmith, is stepping down from his role, effective December 31. 3 October 2016
Insurance
Hurricane Matthew intensified into a Category 4 hurricane as it passed through the Caribbean, and is expected to impact Haiti, Jamaica, eastern Cuba, and the Bahamas. 3 October 2016
Insurance
Specialist insurer Neon has appointed Vanessa Young as an underwriter and solicitor for mergers and acquisitions (M&A) insurance. 3 October 2016
Insurance
JLT Re has appointed John Brodsky as senior vice president in Seattle, Washington, effective October 21, 2016. 30 September 2016
News
Some of the world’s biggest reinsurers will be hardest hit by a prolonged soft market if an analysis of ratio of reserves to premiums is conducted, according to analysts at CreditSights. 30 September 2016
Insurance
Willis Towers Watson has appointed Gary Marchitello as head of property broking, North America, and will be based in New York. 28 September 2016
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