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Steven Beadle has been named chief financial officer at Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group. 9 July 2019
News
Willis Re, the reinsurance division of global advisory and broking company Willis Towers Watson, has deployed a wildfire risk system that can be used throughout the US to assess location level wildfire risk. 9 July 2019
Life
Ed, the global reinsurance, wholesale and specialty broker, has appointed Carrie Kelley as executive vice president and head of property insurance for Bermuda. She reports to Chris Bonard, CEO of Ed Broking’s new Bermuda platform. 9 July 2019
News
AXA XL has joined Pool Re, a British terrorism reinsurer, on the placement of its new retrocession programme covering non-damage business interruption (NDBI) losses. 8 July 2019
ILS
The days of hard markets that last for years could have come to an end, according to Dominik Hagedorn, partner at Tangency Capital, a fund investing in the reinsurance sector. 8 July 2019
News
Carribean Catastrophe Risk Insurance Facility (CCRIF) SPC and the World Bank have issued Grenada and Saint Lucia with the Caribbean Oceans and Aquaculture Sustainability Facility (Coast) policy. 5 July 2019
Life
Everest Insurance International has appointed Martin Leeks to its Lloyd’s Syndicate 2786 as a medical malpractice and multi-national / specialty underwriter. 5 July 2019
News
The Bermuda Police Service has issued an arrest warrant for the former CFO of Hiscox services, Yuval Abraham, following a complaint from the re/insurance group. 4 July 2019
ILS
The market is increasingly factoring in the benefits of structured finance but potentially under-appreciating the risks, according to Jefferies, a US bank, writing in an equity research note on Hannover Re. 4 July 2019
Life
Fidelis has appointed Philip Vandoninck, its head of international underwriting, to CEO of Socium, its newly branded partnership pillar. 4 July 2019
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