News
Insurance
Re/insurer AXA has appointed Joanne Howliston as regional director, commercial lines, for UK's North region. 8 July 2019
Insurance
Personal lines rates for US homes are up in all locations but “Florida and California are getting hit the hardest,'' according to US MGA and wholesale broker MarketScout. 8 July 2019
Insurance
Fairfax-owned insurance run-off management company RiverStone has acquired New York-based third-party administrator and loss adjuster Rockville. 8 July 2019
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has named Steven Beadle as chief financial officer (CFO) and Chen Foley as head of Bermuda claims. 8 July 2019
Insurance
French government backed reinsurer CCR Re has hired Olivier Kweitel Collignon as senior underwriter from Partner Re. 8 July 2019
Alternative Risk Transfer
Christchurch City Council is considering insurance-linked securities (ILS) to increase its insurance cover for underground assets such as water and waste pipes. 8 July 2019
Insurance
Specialty re/insurer Canopius has made four new appointments for its recently established Canopius Australia & Pacific branch in Sydney, which has also gained binding authority approval from Lloyd’s. 8 July 2019
Insurance
Re/insurance broker Aon has launched an IFRS 17 (International Financial Reporting Standard) solution on its capital modelling platform to help insurers fulfil their reporting obligations. 8 July 2019
Insurance
UK government-backed terrorism reinsurer Pool Re has placed its new retrocession programme covering non-damage business interruption (NDBI) losses. 8 July 2019
Insurance
Insurance veteran Stephen Catlin and Paul Brand's newly launched specialty re/insurer Convex Group has signed a long-term strategic contract with WNS Holdings to build what it describes as a first-of-its-kind, integrated "Platform + BPM (business process management) as-a-service” proposition across industry horizontals, including support services relating to operations for insurance, reinsurance, claims, finance and human resource. 8 July 2019
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