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Insurance
JLT Re entices Guy Carp Nordic treaty head
Reinsurance broker JLT Re has appointed Anna-Karin Toresson as head of its property and casualty (P&C) reinsurance business for the Nordics.   14 June 2016
Insurance
Barbican poaches Argo exec
London-based Barbican Insurance has unveiled the appointment of George Doughty as class underwriter, political and trade credit risks.   14 June 2016
Insurance
Cathedral hires Sompo Canopius exec
Lancashire’s Lloyd’s business Cathedral Underwriting has appointed Paul Edwards to underwrite North American property catastrophe reinsurance business for Syndicate 2010.   14 June 2016
Alternative Risk Transfer
Horseshoe acquires fund administrator
Independent insurance manager Horseshoe Group has acquired IKONIC Fund Services, a fund administrator, to form an independent fund administrator and insurance manager dedicated to both the insurance linked securities (ILS) and the alternative fund markets.   13 June 2016
Insurance
AM Best upgrades FSA of Africa Re
AM Best has upgraded the financial strength rating (FSA) to A (Excellent) from A- (Excellent) of African Reinsurance Corporation (Africa Re), a reinsurance company based in Nigeria. The outlook for this rating has been revised from stable to positive.   13 June 2016
Insurance
Soft market remains biggest concern for reinsurance industry
Soft market conditions continue to be the biggest concern for the reinsurance industry, according to the second annual global reinsurance survey from Xuber, the insurance software business of Xchanging.   10 June 2016
Insurance
Severe damage caused by floods in Belgium, France and Germany
Widespread localised flooding caused by slow moving thunderstorms with high precipitation associated with surface lows named Elvira and Friederike has impacted communities in Belgium, north-central France and Germany, according to catastrophe modelling firm AIR Worldwide.   9 June 2016
Insurance
Barbican poaches CV Starr exec for D&O role
Barbican Insurance Group has appointed Hans Sherman as underwriting manager of its directors’ and officers’ (D&O) team.   9 June 2016
Insurance
Markel Specialty appoints Lexington exec as head of programmes business
Markel Specialty, a division of Markel Corporation has appointed Stephen Leeret to lead its delegated authority programmes business.   9 June 2016
Insurance
MMC board director steps down
Maria Silvia Bastos Marques has stepped down as a member of Marsh & McLennan Companies (MMC)’s board of directors.   9 June 2016

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