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Pro Global promotes CFO to finance director

Industry outsourcer and consultancy Pro Global Insurance Solutions has appointed chief financial officer Andrew Donnelly to its board and changed his role to finance director.

Matthew Neill, 01 September 2016
CNA Hardy expands cyber and tech team

Lloyd's and company market carrier CNA Hardy has hired Joe Francescotti as an underwriter for cyber and technology.

Matthew Neill, 01 September 2016
Cathedral appoints active underwriters

Lancashire's Lloyd's managing agent Cathedral has appointed John Spence and Jon Barnes as active underwriters for syndicates 3010 and 2010, it announced today

Winifred Okocha, 01 September 2016
Reinsurer profitability approaching tipping point: S&P

Ongoing soft market conditions and stagnant investment yields are likely to drive reinsurers' profitability below their cost of capital, according to rating agency Standard & Poor's (S&P).

Matthew Neill, 01 September 2016
Liberty hires claims manager

Liberty Specialty Markets (LSM) has appointed Gion Caprez as claims manager, effective immediately, it announced today

Winifred Okocha, 01 September 2016
Promotions at Channel Syndicate following Leathem departure

Scor-backed Channel Syndicate 2015 has appointed Claudia Adkins as head of its property direct and facultative (D&F) division, it announced today.

Winifred Okocha, 01 September 2016
Fosun tops up Peak Re funds by $100mn

Hong Kong-based reinsurer Peak Re has increased its shareholder funds by $100mn to $816.9mn

Matthew Neill, 01 September 2016
WR Berkley expands Douglas role

WR Berkley has widened the scope of Berkley Re Direct president Gregory Douglas's duties to include the role of president of Berkley Program Specialists, effective immediately

Matthew Neill, 01 September 2016
Amtrak Sandy losses ruling partially overturned

US railroad operator Amtrak has won a partial victory against insurers in a dispute over coverage related to Superstorm Sandy in 2012.

Matthew Neill, 01 September 2016
AIG concludes Taiwan SME sale

AIG has completed the sale of its Taiwanese small and medium-sized enterprise business to local carrier Nan Shan for $158mn

Matthew Neill, 01 September 2016

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