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Applied Underwriters fined $3mn by New York
The sanction comes after Berkshire Hathaway agreed to sell its stake in the workers’ compensation carrier to United Insurance.
Christie Smythe
,
19 July 2019
CNA appoints new Chicago branch manager
Jeremy Winter succeeds Steve Wachtel, who is retiring after a 40-year career in insurance.
Bernard Goyder
,
19 July 2019
Marine trade body chief calls for action on talent drought
Kevin O’Brien said better training and college engagement would help remedy the loss of industry knowledge.
John Hewitt Jones
,
19 July 2019
AIG brings Love from Goldman Sachs
The new hire will bolster in-house investment capability.
Bernard Goyder
,
19 July 2019
RLI says it has ‘underplayed’ E&S submissions surge
Excess and surplus casualty submission are up 5 percent year on year, COO Craig Kliethermes said.
Laura Sanicola
,
19 July 2019
Munich Re flags Q2 profit well ahead of forecasts
The expected EUR1bn earnings is more than 50% above the prevailing consensus.
Rachel Dalton
,
18 July 2019
Hiscox ILS leader Lowther departs after five years
The ILS platform’s COO had helped drive growth to $1.5bn assets under management.
Christopher Munro
,
18 July 2019
Marine war market braced for $50mn loss following Persian Gulf attacks
Sources speculated that the final cost could spiral to as much as $100mn depending on the damage sustained and salvage costs.
Samuel Casey
,
18 July 2019
Heritage pegs Q2 storm losses at $21.5mn
The carrier is expecting claims to more than double from the year-ago period.
John Hewitt Jones
,
18 July 2019
Ed hires from Price Forbes for facultative reinsurance head
The executive has worked in senior positions across a range of brokers.
Samuel Casey
,
18 July 2019
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