US-based Assurant has reduced its catastrophe exposure with increased reinsurance protection, in an attempt to produce more predictable earnings and cash flow, according to Alan Colberg, president and CEO at Assurant. 10 July 2019
Brit has appointed Garick Zillgitt to the position of vice president of primary general liability and Justin Magee to vice president of excess casualty to Brit Global Specialty USA (BGSU). 10 July 2019
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
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
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
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
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
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
