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Insurance
Bermuda-based Enstar Group has signed an agreement with an Australian subsidiary of Zurich Insurance Group to reinsure its New South Wales Motor Vehicle Compulsory Third Party (CTP) insurance business. 23 February 2018
Insurance
Federated National Holding Company (FNHC) has acquired the interests in Monarch Delaware Holdings (MDH) held by its joint venture partners and the repayment of debt, according to a Feb. 22 press release. 23 February 2018
Insurance
French insurer AXA has entered into an agreement to sell all of its insurance operations in Azerbaijan, according to a Feb. 21 press release. 23 February 2018
Insurance
Willis Towers Watson has appointed Roger Steel as managing director for Hong Kong and Macau, along with two other key hires for its Corporate Risk & Broking and Talent & Rewards businesses in Hong Kong. 23 February 2018
Insurance
XL Catlin’s casualty team has taken the decision to withdraw from the UK and Ireland commercial motor fleet market. 21 February 2018
Insurance
Cayman Islands-based Greenlight Re reported a loss for the fourth quarter of 2017, driven primarily by reserve strengthening and an investment loss. 21 February 2018
Insurance
Zurich has launched a new initiative to drive innovation throughout the insurer, with a renewed focus on changing customer demand and needs, the company said in a Feb. 20 press release. 21 February 2018
Insurance
AM Best has downgraded Kenya Reinsurance Corporation due to concerns over the effectiveness of its enterprise risk management (ERM) in the face of expected business growth and increasingly sophisticated competition. 21 February 2018
Insurance
Specialist re/insurance broker BMS Group has formed a new energy division hiring three senior energy brokers from Price Forbes and Miller. 21 February 2018
Insurance
US-based programme administrator and managing general agency (MGA) V3 Insurance Partners has appointed former QBE executive Brian Janitschke as its chief operating officer. 21 February 2018
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