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RenaissanceRe CFO Kelly to step down
RenaissanceRe's CFO and COO Jeffrey Kelly is set to retire, the Bermudian carrier announced in a statement today (12 July).
Dan Ascher
,
13 July 2016
West of England P&I improves CR
The West of England marine protection and indemnity (P&I) club improved its combined ratio by 13.8 percentage points to 83.6 percent for the year to 20 February 2016 thanks to a continued benign claims environment
12 July 2016
BHSI touts liability cover for US architects and engineers
Berkshire Hathaway Specialty Insurance (BHSI) has launched a new professional liability offering for US architects and engineers (A&E) with a $25mn line size, the carrier announced today (12 July).
12 July 2016
US nat cat losses $11bn in H1: Munich Re
US insured losses caused by natural catastrophes hit $11bn during the first half of 2016, primarily due to storms in Texas and neighbouring states, according to Munich Re
12 July 2016
Aspen appoints US crisis management head
Aspen's insurance subsidiary has hired Nicky Alexandru to lead its crisis management unit in the US, the carrier announced today (12 July).
12 July 2016
Capsicum appoints Godfrey as director
Specialist binding authority broker Capsicum Delegated Authority has announced today (12 July) that Paul Godfrey will join as a director
12 July 2016
Insured catastrophe losses up 42% in H1: Munich Re
Insured losses from natural catastrophes in the first half of 2016 reached $27bn, some 42 percent more than in the same period of last year, according to data from Munich Re
12 July 2016
Munich Re’s Von Bomhard will not work for a rival
Outgoing Munich Re CEO Nikolaus von Bomhard has said he will not move to a rival carrier after his tenure at the reinsurer comes to an end in 2017
12 July 2016
Munich Re and InsurTech start-up strike deal
Munich Re has partnered with New York-based "InsurTech" start-up Slice Labs to distribute its on-demand insurance products in the US, the company announced today (12 July).
12 July 2016
CIRC to firm up systemically important list
The China Insurance Regulatory Commission (CIRC) is expected to finalise a list of domestic systemically important insurers this year, the South China Morning Post has reported
12 July 2016
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