“Since 2018, US insurers have paid more than their global counterparts to repair and rebuild damaged properties and vehicles,” according to Triple-I
Aspen has appointed John Welch (pictured) as chief underwriting officer for reinsurance
Core Specialty has appointed Jim Stelling (pictured) as the president of the newly-formed division
The IRS has proposed regulations that, if passed, could severely limit access to captive insurance programmes for small- and medium-sized businesses in the US
Anthony Cordonnier (pictured), global co-head of cyber at Guy Carpenter, comments
Hafize Gaye Erkan (pictured) has stepped down from Marsh McLennan’s board of directors to become governor of Türkiye’s Central Bank
AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of National Guaranty Insurance Company of Vermont (NGIC)
AM Best has affirmed the financial strength ratings of A (Excellent) and the long-term issuer credit ratings of “a+” (Excellent) of Bermuda-based BNY Trade Insurance and New York-based The Hamilton Insurance Corp (Hamilton)