Articles
Insurance
Ariel Re, a subsidiary of Bermuda-based Argo Group, has hired its new head of marine and energy, reinsurance from Tokio Millennium Re. 8 April 2019
Insurance
UK general insurer Allianz has appointed QBE's Jon Hesketh for its engineering, construction and power unit. 8 April 2019
Insurance
Boeing has admitted that a failure in its Mcas anti stall system was a factor in the crash of two 737 Max planes as the aircraft manufacturer's CEO said “it’s our responsibility to eliminate this risk”. 5 April 2019
Alternative Risk Transfer
Hamilton Re, the re/insurance platform of Bermuda-based holding company Hamilton Insurance Group, has secured $65 million of collateralised capacity through its special purpose sidecar vehicle Turing Re. 5 April 2019
Insurance
Lloyd’s of London PPL board declared a “watershed moment” as it reported that more than 50,000 risks have been confirmed covered on the digital PPL system. 5 April 2019
Insurance
Munich Reinsurance America, Munich Re's US property and casualty reinsurance subsidiary, has appointed former Hiscox executive Adam Edelstein as chief operating officer (COO) for Munich Re Specialty Insurance, a new commercial insurance unit in North America. 5 April 2019
Insurance
Starr Insurance Companies has appointed senior vice president Carmella Capitano as head of primary general casualty-risk management and excess casualty. 5 April 2019
Reinsurance
AM Re Syndicate believes the US market is underserved by reinsurers. To solve this problem, the managing general agency is matching US primary carriers with security from Asia using quota share deals, to bring a very different offering to the market, as Intelligent Insurer reports. 4 April 2019
Insurance
Matrix, an insurance and reinsurance broker at Lloyd's, has entered into a strategic partnership with Howden Broking Group, following the completion of its acquisition of Greece-based Piraeus Insurance Brokers. 4 April 2019
Insurance
Re/insurance broking and advisory firm Beach & Associates hired Marsh and Miller executives to expand its wholesale operation in London. 2 April 2019
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