Lloyd’s Syndicate 609 News

People Moves: Gallagher Re’s Bousfield to Lockton Re Bermuda; Atrium Names Munich Re’s Cusition as Marine U/W; MS Amlin Hires RSA’s Forsyth as Lead Class Hull U/W

This edition of International People Moves details appointments at reinsurance broker Lockton Re and two insurers: Atrium Underwriters and MS Amlin Underwriting. A summary of these new hires follows here. Lockton Re Bermuda Appoints Gallagher Re’s Bousfield as Senior Broker …

People Moves: Howden Names Swiss Re’s Cochrane for Energy Transformation; Apollo Hires Sandi for Casualty Treaty; AXA XL’s MacColl to Atrium to Lead Hull & War

This edition of International People Moves details appointments at the broker Howden and two Lloyd’s insurers: Apollo Syndicate Management and Atrium Underwriting. A summary of these new hires follows here. Howden Appoints Swiss Re’s Cochrane as Head of Energy Transformation …

Airline War Risk Insurance Expected to Rise Due to Global Conflicts

Insurers are expected to hike war risk premiums for airlines following losses due to global conflicts, including the downing of a Malaysia airplane over Ukraine, insurance rating agency A.M. Best Company said on Wednesday. The insurance settlement of the Malaysian …

Best Comments on Insurance Implications of Malaysia Airlines Flight MH-17 Crash

A.M. Best has released a preliminary report, which indicates that the “total insurance loss of Malaysia Airlines Flight MH-17, which crashed over the Ukraine-Russia border on July 17, 2014, is not expected to result in any ratings actions.” Best’s Briefing …