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Insurance
One of AXA’s many motives in buying XL Group is the reinsurance portfolio it comes with, which will offer further diversification, and also the access to the capital markets that now comes hand in hand with this.   5 March 2018
Insurance
Czech Republic-based reinsurer VIG Re has realigned its organisational structure and management responsibilities. The changes, which it claims will drive “operational efficiencies”, are effective from April 1, 2018.   5 March 2018
Insurance
JLT Specialty, a subsidiary of Jardine Lloyd Thompson Group, has launched a new global automotive division amid the increasing appetite for autonomous vehicles, significant advances in vehicle connectivity, changing consumer behaviour and tightening environmental regulations.   5 March 2018
Insurance
Specialty insurer Navigators has appointed Marina Chierici as a financial lines underwriter in its international management and professional liability division NavPro. She joins from Chubb Insurance Company of Europe.   5 March 2018
Insurance
Re/insurance broker Miller has hired producer broker Julian Coates to further expand its Asia Pacific business.   5 March 2018
Insurance
Broker Aon has appointed Dominic Christian as global chairman of its reinsurance intermediary Aon Benfield while Julie Page has been promoted to chief executive officer of Aon UK.   1 March 2018
Insurance
Liberty Mutual revealed the new operating structure for its recently formed Global Risk Solutions business.   1 March 2018
Insurance
Re/insurance sector rating agency AM Best is establishing a new office in Amsterdam, the Netherlands, during 2018 as part of its Brexit contingency plan.   1 March 2018
News
Bermuda-based Third Point Re has swung to profit in the fourth quarter of 2017 and saw its full year 2017 results jump due to investment profits while underwriting produces losses.   1 March 2018
Insurance
New York-based AmTrust Financial Services closed the transfer of a 51 percent equity interest in certain of its US-based fee businesses to private equity firm Madison Dearborn Partners.   1 March 2018

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