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XL Group has reinforced its team in Switzerland to respond to the growing needs of multinational companies for financial lines coverage. 3 September 2014
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Mt. Logan Re, the special purpose reinsurer of Everest Re Group, has appointed Mark Booth as its head property reinsurance underwriter, effective September 2, 2014. 3 September 2014
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Broker Marsh has named Thadd Wallace as new managing director of its global risk management practice in Atlanta. 3 September 2014
News
The Lloyd’s Construction Consortium has been extended to operate from the Lloyd’s Asia platform, where it will provide capacity of up to $166 million per risk. 2 September 2014
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Argo Group has named Jose Ribeiro, formerly chief executive officer of Generali Brazil, as head of international, a newly created position at the company. 2 September 2014
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Peter Hancock has taken up the role of president and chief executive officer (CEO) of American International Group (AIG). He succeeds Robert Benmosche. 2 September 2014
News
The re/insurance potential within the MENA region is massive, but the ability of market practitioners to capitalize on that potential is dependent upon multiple factors. 1 September 2014
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The chief executive of JLT Towers Re, Alastair Speare-Cole, is resigning to “pursue other interests”, and will be replaced by group finance director Mike Reynolds at the end of the year. 1 September 2014
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Axco Insurance Information Services (Axco) has released its new Bermuda country report covering the international insurance market. 1 September 2014
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Tower Group International has had its issuer credit ratings (ICR) downgraded from cc to c by rating agency AM Best. 1 September 2014
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