XL Group has announced the appointment of Aldith Townsend as a new underwriter in its railroad insurance team, part of XL’s global excess casualty division. 4 June 2014
Standard & Poor’s has raised questions regarding the validity of including insurers on a global list of companies regarded as posing a systemic risk to the global financial system should they fail. 4 June 2014
Tokio Millennium Re has revealed that the New York State Department of Financial Services has issued a license to the firm’s newly formed US branch. 4 June 2014
BNY Mellon has been appointed indenture and reinsurance trustee, registrar, and paying agent for the $450 million Kilimanjaro CAT bond transaction sponsored by Everest Re. 3 June 2014
Women need to back themselves to pursue senior roles and entry into the c-suite, as they look to overturn gender bias evident in the insurance industry. 3 June 2014
Reinsurance rates continue to fall as increased competition from alternative markets, strong reinsurer balance sheets and low loss experiences persists. 3 June 2014
Argo Pro, a member of the Argo Group, has announced an expansion of its management liability insurance products with a new commercial crime insurance offering. 2 June 2014
