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Wildfire loss notifications climb by $600mn

Fresh confidential loss notifications from Canadian cedants to reinsurers have added a further C$600mn to the total, which is now approaching C$2.8bn, The Insurance Insider can reveal.

Adam McNestrie, 23 May 2016
ABI proposes UK cyber-attack database

The Association of British Insurers (ABI) has called for a UK central database of cyber-attack information to help insurers to better price cyber risk.

Catrin Shi, 23 May 2016
World Bank to raise $500mn pandemic insurance fund

The World Bank plans to raise $500mn of (re)insurance funding for a new pandemic facility.

Lucy Jones, 23 May 2016
Marketform names Long as claims director

Marketform has hired Sharon Long from XL Catlin as claims director, it announced today (23 May).

Catrin Shi, 23 May 2016
Federal Reserve to unveil insurer group capital approaches

US Federal Reserve board governor Daniel Tarullo has revealed that the central bank intends to propose two group capital approaches for insurers it prudentially supervises.

David Bull, 23 May 2016
Governance review after CEO, vice chairman and CFO leave Baldwin & Lyons

US insurer Baldwin & Lyons has parted company with its senior management team and brought in outside legal counsel for a comprehensive governance review over the circumstances surrounding their sudden retirements.

David Bull, 20 May 2016
PPL appoints first managing director

Susan Jakobek has been named the first managing director of Placing Platform Limited (PPL), the London Market Group announced today (20 May)

Adam McNestrie, 20 May 2016
Raiguel to succeed Montross as Gen Re CEO

Kara Raiguel, a senior executive from Berkshire Hathaway's reinsurance division, is to replace Tad Montross as CEO of Gen Re, according to an internal memo seen by The Insurance Insider

Adam McNestrie, 20 May 2016
Shulman to replace Weatherstone as Arch Europe CEO

Arch Insurance has promoted Matthew Shulman to the role of president and CEO of its European business, the carrier announced today (20 May).

Matthew Neill, 20 May 2016
Probitas syndicate expands financial lines team

Lloyd's syndicate Probitas 1492 has appointed Ernesto Medina as senior underwriter for financial institutions within its casualty team, the company announced yesterday (19 May).

Winifred Okocha, 20 May 2016

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