Articles

Insurance

European financial reforms strike right balance, says ALFI

Provisionally agreed reforms to European financial supervision have hit the right balance between European intervention and national autonomy, according to the Association of the Luxembourg Fund Industry (ALFI).   8 April 2019

Insurance

Berkshire's BHSI to offer transactional liability insurance in Asia, Middle East; hires senior leader from Pembroke

Berkshire Hathaway Specialty Insurance Company (BHSI) has launched its transactional liability insurance offering in Asia and the Middle East (AME) under the leadership of a new senior hire from Pembroke.   8 April 2019

Insurance

AIG appoints QBE's Kathleen Zortman to lead global high net worth business

American International Group (AIG) has appointed Kathleen Zortman as president and chief executive officer of private client group, general insurance.   8 April 2019

Insurance

Nexus Group buys Capital Risks MGA

Independent specialty Managing General Agent (MGA) Nexus Group (Nexus) has acquired Capital Risks MGA (CRM), a London based warranty and indemnity MGA.   2 April 2019

Insurance

Sompo International promotes Gallagher to property/casualty CEO

Bermuda-based specialty re/insurer Sompo International has appointed Christopher Gallagher to a new role of chief executive officer of its commercial property and casualty business.   2 April 2019

Insurance

Lloyd’s John Neal sponsors market modernisation project LM TOM

Lloyd’s of London CEO John Neal will be the interim sponsor of modernisation programme the London Market Target Operating Model (LM TOM) after the departure of Shirine Khoury-Haq, COO of Lloyd’s, who has been its sponsor since it was launched in 2015.   2 April 2019

Alternative Risk Transfer

Former New Ocean CEO McKeown departs AXA XL; re/insurer eyes ILS growth

Re/insurer AXA XL has revealed that Chris McKeown, the former CEO of New Ocean Capital Management, has stepped down from his role as vice chairman to pursue other interests outside the company.   2 April 2019

Insurance

Everest bolsters Lloyd's general liability casualty unit with Ironshore hires

Everest Insurance, a part of Bermuda-based Everest Re Group, has expanded its Lloyd’s general liability casualty team with two senior hires from Ironshore Insurance.   2 April 2019

Insurance

Newline Group launches Brexit hub in Germany; appoints CEO

London-based specialty insurer Newline Group has launched its new European Union insurance hub in Cologne, following authorisation from the German Federal Financial Supervisory Authority (BaFin).   2 April 2019

Insurance

AIG appoints Wells Fargo's Baich as chief information security officer

American International Group (AIG) has appointed Rich Baich as senior vice president, chief information security officer.   2 April 2019

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