Tony Dowding
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CRE Insurance
Brokerslink appoints new CEO but Fonseca to remain on board
Jacqueline Legrand has been appointed as CEO of Brokerslink, to succeed José Manuel Fonseca, who is stepping down to focus…
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CRE Insurance
AIG’s acquisition of Validus may foreshadow more M&A in 2018, says Fitch
Speculation is growing that there will be more M&A among (re)insurers in 2018, especially in the Bermuda market, according to…
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Global Risk Manager
Berkshire Hathaway Specialty opens Dubai office
Berkshire Hathaway Specialty Insurance (BHSI) has opened an office in the Dubai International Financial Centre (DIFC), after receiving its insurance…
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AIG
Cyber: Facing a new frontier of risk
Businesses around the world are beginning to realise the full-scale enormity of cyber risk. This collective realisation is spurring the…
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Captives
17 new captives licensed by Bermuda in 2017
Bermuda saw 17 new captives licensed in 2017 to bring the total active captive insurance licences to 739 on 31…
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Captives
USA Risk appoints new president and CEO
Captive management firm USA Risk Group has appointed Stephen Roseman as president and CEO. He will lead USA Risk’s operational…
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CRE Insurance
NAIC to hold public hearing on EU-US Covered Agreement
The National Association of Insurance Commissioners (NAIC) and its reinsurance taskforce will hold a public hearing on 20 February 2018…
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CRE Insurance
Lloyd’s proposes mandatory electronic placement
Lloyd’s has announced plans to mandate the use of electronic placement on a phased basis over time. Lloyd’s said it…
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CRE Insurance
NAIC and EIOPA meet to strengthen US/EU relationship
The National Association of Insurance Commissioners (NAIC) has met with members of the European Insurance and Occupational Pensions Authority (EIOPA)…
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CRE Insurance
London market reveals single claims agreement arrangement
The London market has announced a new single claims agreement arrangement, which will enhance London’s claims service for (re)insureds. The…
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Captives
New Malta-based PCC for Marsh Captive Solutions
Marsh has formed a new protected cell company (PCC) domiciled in Malta. The formation of Mangrove Insurance Europe PCC follows…
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CRE Insurance
Barbican Insurance launches Bermuda operation
Barbican Insurance Group has launched a new underwriting operation located in Bermuda. The new company, Barbican Bermuda, will focus on…
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CRE Insurance
Significant cat losses hit XL Group result for 2017
XL Group has reported a net loss of $490.1m for 2017, compared to a net profit of $570.1m for 2016.…
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CRE Insurance
Chubb reports net income of $3.9bn for 2017
Chubb Limited has reported net income of $3.9bn for 2017, a fall of 6.6% from 2016. Total pre-tax and after-tax…
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CRE Insurance
Amazon, Berkshire Hathaway and JPMorgan Chase partner on US employee healthcare
Amazon, Berkshire Hathaway and JPMorgan Chase & Co are to form a company to look at ways to address healthcare…
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Global Risk Manager
New head of global employee benefits business for MetLife
MetLife Inc has appointed James Reid as head of its Global Employee Benefits (GEB) business. MetLife said he will be…
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Asia
Artex launches subsidiary in Singapore
Alternative risk management solutions provider Artex has launched a subsidiary in Singapore, Artex Risk Solutions (Singapore). This is Artex’s first…
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CRE Insurance
Moghrabi moves from Europe as Chubb announces changes to senior leadership team
Chubb’s Jeff Moghrabi, division president for continental Europe, has been appointed to the newly-created role of senior vice-president, strategic partnerships,…
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CRE Legal Regulation
Clyde & Co expands insurance team in Washington, DC
Clyde & Co has hired a leading insurance team in Washington, DC, specialising in financial institutions/directors and officers (FI D&O)…
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CRE Insurance
UK misconduct regime to be extended to insurers’ senior managers
Senior executives in insurance will be held personally responsible for misconduct, as part of the UK government’s plans to extend…