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Doyle regroups Marsh operating units

New Marsh CEO John Doyle announced a realignment of the broker’s global structure, regrouping units and adding executives to the company’s top management team.

07 September 2017
Hub chooses Cohen to succeed Hughes as CEO

Acquisitive broker Hub International has named Marc Cohen to replace Martin Hughes as CEO, moving up the executive who only became the firm’s president at the beginning of the year.

Ted Bunker, 07 September 2017
Validus nearly doubles its political risk facility

Validus has almost doubled the capacity of its political risk binding authority for the Americas in the course of renewing a facility which is entirely underwritten by Lloyd’s carriers led by Talbot.

Ted Bunker, 07 September 2017
AIR projects Harvey industry losses at over $10bn

Property and casualty industry losses from Hurricane Harvey are expected to exceed $10bn, AIR Worldwide said today.

Ted Bunker, 07 September 2017
Coverys expands in medical liability with GIMC deal

Medical professional liability carrier Coverys plans to expand its reach in Florida by acquiring A-rated Global Insurance Management Company (GIMC) and its Healthcare Underwriters Group subsidiary.

Ted Bunker, 07 September 2017
Premia adds Darag’s Szalkai to lead Europe

Bermudian run-off startup Premia Holdings is set to add Darag’s former chief liability officer Zsolt Szalkai to its senior management team as president of European operations.

Dan Ascher, 07 September 2017
Beazley shares fall 6% as Irma woes reach London

Shares in the listed Lloyd’s insurer Beazley fell 6 percent today, echoing concern on US equity markets yesterday about the impact of Hurricane Irma on carriers.

Bernard Goyder, 06 September 2017
Floridians mostly rebound in early New York trading

Shares of some insurers rebounded from yesterday’s selloff in New York as investors jumped in to take advantage of declines that at least one analyst described as overdone.

Ted Bunker, 06 September 2017
Irma sets collision course with Miami area: JLT Re

Southeast Florida is the mainland US region with the highest risk of being hit by Hurricane Irma, the strongest storm to pummel the Caribbean since records began, according to JLT Re.

Bernard Goyder, 06 September 2017
Industry looks to Miami storm parallels as Irma advances

As Hurricane Irma crosses the Caribbean, concern about a potential direct hit on Miami is mounting, with historical parallels pointing towards potentially swingeing insured losses.

Laura Board, 06 September 2017

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