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Brit to write onshore US marine

Brit Insurance's onshore US insurance platform has hired Tom Carroll from XL Catlin to spearhead its entry into the marine market.

Adam McNestrie, 06 May 2016
Canfield leaves Aspen for Colony

Jeff Canfield has left his position as Aspen's excess casualty product line leader in the US to join Argo's excess and surplus carrier Colony Specialty in a similar position, The Insurance Insider revealed yesterday (4 May).

David Bull, 06 May 2016
Xchanging CEO Wilson to step down post-deal

Xchanging CEO Craig Wilson will vacate his position following the company's sale to US-headquartered technology firm CSC.

Catrin Shi, 05 May 2016
Quota share deals boost Markel reinsurance GWP

More quota share deals, multi-year policy renewals and large one-off agreements were behind the increased reinsurance writings by Markel in Q1 2016, according to co-CEO Richard Whitt.

Matthew Neill, 05 May 2016
Costliest April for insurers since 2011: Aon Benfield

Five outbreaks of severe storms across the US last month are expected to generate insured losses of more than $3.0bn, in what Aon Benfield's Impact Forecasting unit said was the costliest April for insurers since 2011.

Winifred Okocha, 05 May 2016
Lancashire appoints Cathedral CFO

London-listed carrier Lancashire has appointed Heather McKinlay as chief financial officer of its Lloyd's managing agency Cathedral Underwriting, the company announced today (5 May).

Matthew Neill, 05 May 2016
XL Catlin hires property risk engineering head

XL Catlin has appointed Jonathan Salter as head of its global property risk engineering practice, the company announced today (5 May).

Matthew Neill, 05 May 2016
New UK law makes damages for late payment a reality

The UK's Enterprise Bill received Royal Assent yesterday (4 May) and will come into force in May 2017

Winifred Okocha, 05 May 2016
Cathedral defections have cost one account: Lancashire

The departure of a swathe of senior staff from Lloyd's platform Cathedral has had a minimal impact on Lancashire's top line, group CEO Alex Maloney said as the carrier reported its first quarter results

Adam McNestrie, 05 May 2016
Maiden Holdings grows top and bottom line in Q1

First quarter net operating earnings at Maiden Holdings increased by 6.4 percent to $28.3mn following growth in earned premium and a rebound in investment income.

Catrin Shi, 05 May 2016

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