News
AGCS's board to change in July 2018
Several senior members of Allianz Global Corporate & Specialty's board are retiring in the middle of next year.
Marsh names Moody as CEO of UK specialties
Broking giant Marsh has named Paul Moody as CEO of its UK specialties division.
Fidelis takes stake in surety MGA
Bermuda-based Fidelis has taken an equity stake in small business MGA Firestone Surety.
Nat cat impact softened by strong commercial performance for Skuld
Skuld saw a 68.7% improvement to its bottom line result in the first nine months of the year to $27m (£20.1m), with the contingency reserve standing at $421m.
McLarens takes aim at HNW with Cunningham Lindsey hires
McLarens has hired two senior Cunningham Lindsey bosses to head up its new high net worth business.
JLT appoints head of employee benefits in Singapore
Global broker JLT has appointed an experienced head of employee benefits in Singapore.
French promoted at Chubb in Asia-Pacific
John French, Chubb's country president for Australia and New Zealand, has been appointed senior vice president, head of broker distribution for Asia-Pacific, starting next year.
Generali appoints Jaime Anchustegui as group chief operations and insurance officer
Jaime Anchustegui Melgarejo has been appointed as group chief operations and insurance officer of Assicurazioni Generali.
Canopius signs up to Flood Re
Canopius has agreed to cede risks to the UK government-backed Flood Re scheme.
GRP posts £150m GWP boost for 2017
Specialist insurance consolidator Global Risk Partners has seen gross written premiums rise £150m over the course of 2017.
Tysers buys Cosmos’ London commercial lines business
Tysers has bought the London-based commercial lines business of Cosmos Services for an undisclosed sum.
Axis Capital’s reinsurance CEO to join Brit boards
Brit has chosen Axis Capital’s reinsurance CEO Jay Nichols to join the boards of Sussex Capital and Brit Re as non-executive director
FCA launches guidance on senior managers and certification regime
The Financial Conduct Authority has published proposals on how firms and individuals will move to the senior managers and certification regime.
Plum opens underwriting and service hub
Plum Underwriting has opened an underwriting and service centre in Basildon, Essex.
Brit launches Sussex Capital
Specialty insurer and reinsurer Brit has launched a Bermuda-domiciled reinsurance platform, Sussex Capital.
Axa divests from oil sands and commits €12bn for environmentally-friendly projects
Global French insurer Axa has divested from 25 oil sands (also known as tar sands) companies and made other environmental commitments at the One Planet Summit in Paris.
Guernsey-based funds complete first ILS trades on blockchain
Solidum Re has successfully completed the first two secondary market ILS trades on a blockchain.
Man sentenced after 13 false insurance claims
A man has been sentenced at Liverpool Crown Court after attempting to claim compensation on 13 separate occasions for alleged damage caused to his car.
Hood Group partners with Canopius Syndicate 4444
Data and technology insurance specialist, Hood Group, has partnered with Canopius Lloyd’s Syndicate 4444.
Broker Network acquires broker Thompson & Richardson
Broker Network has acquired Lincolnshire-based brokerage Thompson & Richardson.
Clyde & Co sign partnership with New Zealand firm
Global insurance law firm Clyde & Co has signed an association agreement with New Zealand firm Fee Langstone.
Allied World promotes MacLeod in Asia-Pacific
Switzerland headquartered global insurer Allied World has made a senior promotion in Asia-Pacific.
Zurich agrees major acquisition in Australia
Global insurer Zurich has expanded its footprint in Australia with a major acquisition and a 20-year distribution agreement with banking giant ANZ, subject to regulatory permission.
Skuld appoints Simpson as London boss
Skuld has appointed Rachael Simpson as senior vice president, London P&I operations.