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IAT Insurance Group, the North Carolina-based specialty property, casualty and surety insurer, has launched the IAT College Loan Assistance Support (CLAS) programme, to assist employees pay off student debt. 18 February 2020
Life
Laurance Yahia, Liberty Mutual’s senior vice president and treasurer since 2003, will retire on April 3, 2020, drawing the curtain on a career that has seen him give 35 years to the company. 18 February 2020
Life
Richard Milner has been named as senior managing director of Aspen Re International. 17 February 2020
News
The possible acquisition of PartnerRe by Covéa could benefit the Bermuda reinsurer’s credit profile, according to Moody’s, if Covéa’s substantial capital resources were used to alleviate capital strain in the event of large losses, or to finance profitable growth opportunities. 17 February 2020
News
Essent Group’s chairman and CEO hailed a strong set of financial results for both the full year and Q4 2019, with a favourable operating environment helping it deliver profits that were up year on year for both periods. 17 February 2020
News
Arch Re has entered into an agreement in principle to obtain a majority stake in Precision Marketing Asia Pacific (PMAP), an Australian marketing company. 17 February 2020
News
Insured property losses from Windstorm Ciara, also known as Sabine, will likely fall between €1.1 billion and €1.8 billion (US$1.2 and US$1.95 billion), according to estimates from RMS, the catastrophe risk modeling company. 14 February 2020
News
Brit Re, the Bermuda reinsurance operation of Brit, generated premiums of $110.1 million in 2019, up from $91.5 million in 2018. 14 February 2020
News
Appleby Global Services (AGS), Appleby’s specialist trust and corporate services provider, has on-boarded over 100 structures in Bermuda within its first 12 months of operations, including ILS, global commercial re/insurers in both P&C and life, and captives. 14 February 2020
News
Chubb has made its incident alert tool available for excess casualty clients. 14 February 2020
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