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Insurance
Bermuda-based Endurance Specialty Holdings has seen a drop in its profits in the third quarter of the year to $43.6 million versus a profit of $68 million for the third quarter of 2014. 3 November 2015
Insurance
Willis has appointed John Baudouin as chief executive officer (CEO) of its retail business in Mexico. 3 November 2015
Insurance
Arthur J Gallagher (AJG), the international broking division of Arthur J Gallagher & Co outside of the US, has extended its investment in Canada with the acquisition of retail insurance broker Christie-Phoenix and its affiliate Discovery Insurance Services. 3 November 2015
Insurance
Arthur J Gallagher (AJG), the international broking division of Arthur J Gallagher & Co outside of the US, has said its specialist binding authority and facility division will now trade as Capsicum Delegated Authority. 3 November 2015
Insurance
AM Best has assigned a financial strength rating of A+ (Superior) to property/casualty firm WR Berkley Europe. The outlook of the rating is stable. 3 November 2015
Insurance
Steve Redmond, the managing director of Antares, a member of the QIC Group, has said the company’s recent launch on the Lloyd’s Asia Platform in Singapore was partly a defensive move to ensure it still sees business now being underwritten in Singapore as opposed to London. 2 November 2015
News
In what is a fairly volatile re/insurance landscape in Asia, international reinsurers should look to share their expertise and experience to help local players understand the benefits of dispersing risk, Richard Chu, senior underwriter credit & surety, Asia Pacific, PartnerRe, told SIRC Today. 2 November 2015
Insurance
Property and casualty insurer ACE Group has expanded its political risk and credit division to Japan. 2 November 2015
Insurance
ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has appointed Yan Jun as marine underwriting manager of ArgoGlobal’s underwriting division, Lloyd’s China. 2 November 2015
News
John Tan, group chief executive of ACR Capital Holdings, has retired from his executive positions in the company due to medical advice. 2 November 2015
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