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  • Catastrophe insurance pool the African Risk Capacity (ARC) insurance company has hired Dolika Banda as CEO, effective from 7 September
  • Markel International has launched a marine equipment business with the hire of Andy Lane from Skuld Syndicate 1897, it announced today (11 July).
  • Validus-owned Lloyd's carrier Talbot Underwriting has named Steve Ward as head of underwriting for Australia.
  • London market electronic trading system Placing Platform Limited (PPL) has officially gone live today (11 July), allowing brokers and underwriters to exchange information on standalone terrorism risks.
  • Rate reductions in the aviation market are beginning to slow as underwriters become more selective and focus on limiting portfolio losses, according to JLT
  • Lancashire has appointed Robert Lusardi as non-executive director, effective today (8 July), the company announced.
  • Floridian insurer Heritage Property and Casualty Insurance has withdrawn a request to increase its rates by 14.9 percent following discussions with the state regulator
  • US-based broker consolidation platform Prime Risk Partners has closed a deal to take over Midwestern carrier Old National Insurance.
  • Insured losses from the Alberta wildfires in May are likely to cost C$3.58bn ($2.76bn), making them the costliest insured natural disaster in Canadian history, according to the Insurance Bureau of Canada (IBC)
  • A substantial number of catastrophes and comparatively sparse reinsurance cover drove the US primary P&C market to its worst first quarter underwriting result since 2011