Articles
Insurance
Insurance-focused advisory and investment firm Stonybrook Capital has hired Paolo Grassi as new COO and general counsel. 12 July 2018
Insurance
Managing general agents (MGAs) have traditionally received their capacity from insurers but are now increasingly taking advantage of alternative capacity providers, MGAA chairman Charles Manchester suggested in conversation with Intelligent Insurer. 11 July 2018
Insurance
Intrepidus Insurance Services, a Bermuda insurance broker, has had its registration to operate revoked by the Bermuda Monetary Authority (BMA) following an investigation triggered by a complaint against the company. 4 July 2018
Insurance
Specialty managing general agent (MGA) Nexus Group has appointed Karen Morris to its board as an independent non-executive director of underwriting operations. 28 June 2018
Insurance
UK-based Folgate Insurance Company has received approval from the Prudential Regulation Authority (PRA) to once again start writing primary insurance and reinsurance business. 27 June 2018
Insurance
JLT Re unit Jardine Lloyd Thompson Capital Markets (JLTCM) has completed the placement of catastrophe bond Oak Leaf Re 2018-1, which closed at $45.26 million. 27 June 2018
Insurance
Everest Insurance has appointed David Nikolai as head of the Specialty Insurance Group (SIG), a provider of insurance for the sports, leisure, and entertainment industry. 27 June 2018
Insurance
Spain’s insurance group Mapfre is acquiring full control of the Brazilian non-life and life businesses of its strategic venture with Banco do Brasil for €546 million. 27 June 2018
Insurance
New Zealand’s Serious Fraud Office is now investigating CBL Insurance and associated entities, adding to investigations by the Reserve Bank and Financial Markets Authority. 27 June 2018
Insurance
Risk management services firm Hanover Stone Solutions has appointed three senior advisors to its newly-formed strategic planning consulting practice. 27 June 2018
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