Markel picks Hamilton exec as president of ILS launch Lodgepine The launch follows the carrier’s decision earlier this year to put CatCo into run-off.
AIR predicts Faxai insured losses of up to $7bn The top end of the estimate is significantly higher than early market forecasts for claims of up to $5bn.
LSM makes duo of appointments for US, Bermuda and LatAm Alexander Montoya and Wilhelm Schaugg will oversee the carrier’s presence in the territories.
PartnerRe corporate member head Buker to exit The move comes after the reinsurer placed its corporate member business under review.
Axis retreats from four business lines in London The Bermuda (re)insurer exits management liability, along with marine hull, power and product recall.
