News
Insurance
Liberty International Underwriters (LIU), part of Liberty Mutual Insurance, has appointed Diana Cossetti as senior vice president (SVP) of LIU’s US casualty operation – a newly created underwriting leadership role overseeing primary casualty, excess casualty, environmental, railroad and crisis management. 22 January 2016
News
Reinsurance broker Aon Benfield has appointed Andrew Laing as chief executive officer (CEO) of Aon Benfield Fac, the firm’s facultative reinsurance division. 22 January 2016
Alternative Risk Transfer
It was an interesting year for cat bonds, from record high issuance in Q1 to a six-year low in Q4. Cory Anger, global head of ILS Structuring; Jordan Brown, analyst; Ryan Clarke, senior vice president and Sung Yim, senior vice president, all of GC Securities, report. 22 January 2016
Insurance
AM Best has expanded its managing team for the Asia-Pacific region by appointing former Lloyd’s executive Jose Ribeiro as managing director and Qatarlyst CEO James Sutherland as commercial director. 21 January 2016
Insurance
JLT Specialty USA, the US subsidiary of re/insurance broker Jardine Lloyd Thompson Group, has appointed Robert Robideaux as executive vice president (EVP) and regional head of client development, focusing on private equity and alternative investment funds. 21 January 2016
Insurance
Aspen Insurance Holdings has acquired specialist US crop business AgriLogic Insurance Services. 21 January 2016
Insurance
Loss adjusting business Charles Taylor Adjusting (CTA) has bolstered its aviation capability by appointing Richard Jackson as resident aviation surveyor and adjuster in Dubai. 20 January 2016
Insurance
French multinational insurance firm AXA has appointed Rob Brown as chief executive officer (CEO) of AXA Corporate Solutions effective 1st March 2016. 20 January 2016
Insurance
Zurich Insurance Group said it expects its general insurance business to record a business operating loss in the fourth quarter of 2015 due to natural catastrophe claims. including those related to recent storms and floods in the UK and Ireland. 20 January 2016
Insurance
Brazilian financial company BTG Pactual, which also operates in the insurance and reinsurance markets, has reported a net income of R$1.2 billion ($300 million) for the fourth quarter of 2015, a 45 percent increase than in the fourth quarter of 2014. 20 January 2016
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