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ARC names CEO
Catastrophe insurance pool the African Risk Capacity (ARC) insurance company has hired Dolika Banda as CEO, effective from 7 September
11 July 2016
Markel enters marine equipment market
Markel International has launched a marine equipment business with the hire of Andy Lane from Skuld Syndicate 1897, it announced today (11 July).
11 July 2016
Talbot names Australian underwriting head
Validus-owned Lloyd's carrier Talbot Underwriting has named Steve Ward as head of underwriting for Australia.
11 July 2016
PPL goes live with terrorism placing
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.
Charlie Thomas
,
11 July 2016
Aviation rate reductions slowing: JLT
Rate reductions in the aviation market are beginning to slow as underwriters become more selective and focus on limiting portfolio losses, according to JLT
08 July 2016
Lancashire names non-executive director
Lancashire has appointed Robert Lusardi as non-executive director, effective today (8 July), the company announced.
08 July 2016
Heritage withdraws rate rise request
Floridian insurer Heritage Property and Casualty Insurance has withdrawn a request to increase its rates by 14.9 percent following discussions with the state regulator
08 July 2016
Prime Risk acquires Old National Insurance
US-based broker consolidation platform Prime Risk Partners has closed a deal to take over Midwestern carrier Old National Insurance.
08 July 2016
Alberta wildfire losses C$3.6bn: trade body
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)
08 July 2016
Worst Q1 for US P&C since 2011: AM Best
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
07 July 2016
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