Michael McRaith, the former director of the Federal Insurance Office, has joined the fledgeling Business Insurance Solutions unit at Blackstone, as part of an effort to build expertise in the sector.
Ascent Underwriting has appointed James Weatherstone, formerly of Arch Insurance London (AICE), as non-executive chairman, subject to regulatory approval.
The natural catastrophe protection gap is only getting worse, as highlighted by last years disasters, but parametric coverages can complement traditional cover and help increase the total number of assets under protection.
Inga Beale has pinpointed two issues that the market will focus on rectifying in 2018; one relating to modernisation and the other focused on expanding the diversity of its workforce.
One court case has left the legitimate microcaptive industry at the mercy of an IRS compliance campaign.
Paraline Group has taken Paul Rayner from GC Securities to be its new active underwriter for Syndicate 4242 and SPA 6123, while the new arrival will also take a seat on the firm's board.
Lloyd's of London was hit by £4.5bn of major claims in 2017, and that was reflected in the market ended the year with an underwriting loss of £3.4bn and an overall net loss of £2bn.
PartnerRe has brought in Jonathan Schriber from WR Berkley as its head of structured risk for its North America P&C business.
Miami may be Latin America’s leading reinsurance hub, but by bolstering its presence in the region with local offices BMS has managed to access more business and reaped the rewards.
In this month's Reactions