Max Capital Group Ltd. (MXGL) said it appointed David Kalainoff as President of Reinsurance Operations. Kalainoff joined Max in 2003, most recently serving as Managing Director Reinsurance and Executive Vice President and Chief Underwriting Officer, Casualty Reinsurance of Max Bermuda. Prior to joining Transatlantic in 1996, he held management positions at Fireman's Fund Insurance Company and Continental Insurance Company.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.