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Insurance
The Hanover Insurance Group has appointed Richard Lavey as president of Hanover Agency Markets, succeeding John Roche, who was recently named president and CEO of The Hanover. 8 November 2017
Insurance
Italy’s major insurer Assicurazioni Generali said that it has sold 510 million of ordinary shares of Intesa Sanpaolo, equal to 3.04 percent of its overall share capital, which it had bought in January to fend off a possible hostile takeover from the retail bank. 31 May 2017
Insurance
Copenhagen-based specialty non-life insurer Gefion has closed a private placement of €10 million Solvency II-compliant subordinated notes, with funds managed by Fermat Capital Management. 25 July 2017
Insurance
The UK’s flood insurance scheme Flood Re will not pass on to insurers the annual increase in premium thresholds for the first time. 28 March 2018
Technology
As the rating agencies, regulators and investors wake up to the magnitude of the threat posed by silent cyber risk, re/insurers must get their act together and tackle this large and infinitely complex risk head-on. Intelligent Insurer reports. 27 June 2019
News
Guy Carpenter, the global risk and reinsurance specialist and a wholly owned subsidiary of Marsh & McLennan Companies, has appointed Matthias Meyenhofer as managing director, Guy Carpenter. 5 January 2016
News
Arch Reinsurance Company has appointed François Dagneau to the position of chief executive officer (CEO) of its Canadian operations. 19 June 2017
Insurance
Validus Holdings subsidiary Validus Specialty Underwriting has expanded the capacity of its Political Risk Insurance (“PRI”) binding authority from its New York office at renewal. 7 September 2017
Insurance
Insurance broker Lockton has hired Sean Coykendall to grow its property/casualty operations in the Milwaukee office. 10 August 2017
Insurance
Broker Willis Towers Watson said on Oct. 26 that the European Commission (EC) in October 2017 initiated investigation proceedings in respect of a suspected infringement of EU competition rules involving several broking firms, including the company’s principal UK broking subsidiary and one of its parent entities. 27 October 2017
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