Articles
Insurance
Specialist captive managing general agent (MGA) International Re (I–RE) has launched a re/insurance solution for mid-sized captives with the establishment of I–RE SA. 16 July 2019
Insurance
The Ethiopian Airlines crash on the 10 March 2019, and the subsequent worldwide grounding of the Boeing 737 Max fleet, “could cost aviation insurers over $1bn combined”, the broker AJ Gallagher has estimated. 16 July 2019
Insurance
European legacy acquirer DARAG Group has entered into a retrospective quota share reinsurance agreement with Scandinavian insurance company Protector Forsikring. 16 July 2019
Insurance
Apollo Syndicate Management, an independent specialist re/insurer at Lloyd’s, has appointed Nick Burkinshaw to the newly-created board level position of chief underwriting officer (CUO). 16 July 2019
Insurance
Insurance brokerage and risk management firm Arthur J Gallagher has named Nick Burns as new chief executive officer (CEO) of its employee benefits consulting division in the UK. 16 July 2019
Insurance
Insurance investment company BP Marsh & Partners has acquired 36 percent equity stake in Sydney-based Agri Services Company for an initial cash consideration of AU$1.47 million (£817,000), and further consideration of up to AU$1.13 million (£628,000) may become payable. 16 July 2019
Insurance
Broker Willis Towers Watson has appointed Jim Dunlap as head of construction broking in North America. 16 July 2019
Insurance
Bermuda-based Everest Re Group, has appointed Joshila Tailor as the global head of fine art and specie for Everest Insurance International, which includes Everest Insurance Ireland and Lloyd’s Syndicate 2786. 15 July 2019
Insurance
UK insurers will be “hugely disappointed” as the injury damages rate, the Ogden discount rate, was set at minus 0.25 percent today to come into force on August 5, 2019. 15 July 2019
Insurance
AkinovA, an electronic marketplace for the transfer and trading of re/insurance risks, has launched a Series B investment round to fuel its expansion plans. 15 July 2019
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