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Nexus Group buys Capital Risks MGA
Insurance
Independent specialty Managing General Agent (MGA) Nexus Group (Nexus) has acquired Capital Risks MGA (CRM), a London based warranty and indemnity MGA.   2 April 2019
Global reinsurer and specialty broker Ed recruits Abhishek Chhajer from Standard Chartered Bank
Insurance
Global reinsurance, wholesale and specialty broker Ed has lured Abhishek Chhajer to the company to be head of credit, political risks and surety solutions, Asia Pacific.   1 April 2019
Nexus’ Xenia Broking Group acquires Credit & Business Finance
Insurance
The newly formed independent broking arm of Nexus Group, called Xenia Broking Group, has acquired specialist trade credit broker Credit & Business Finance (CBF).   1 April 2019
Insurance
Ratings agency Moody’s has warned that a no-deal Brexit is likely to damage the capital, growth and profit of UK life insurers in the short to medium term, in its latest report for investors.   1 April 2019
Insurance
Lloyd’s insurer and member of Argo Group, ArgoGlobal, has secured Helen Donegan as head of operations – Europe, Middle East and Asia.   1 April 2019
Insurance
Specialist insurer Beazley has appointed a new lead to develop the business in Germany from 1 April 2019.   1 April 2019
Insurance
SCOR has merged its Global Life SE and Global P&C SE businesses into SCOR SE as part of a three year strategic plan.   1 April 2019
Alternative Risk Transfer
Medium sized reinsurer CCR Re has set up 157 Re, a sidecar vehicle, which it said is the first to be domiciled in France, to give it access to new ILS investors.   28 March 2019
Insurance
Intermediary Hyperion Insurance Group, which owns MGA DUAL, retail broker Howden and specialty broker RKH, has appointed Rebecca Scott as new group chief operating officer (COO).   28 March 2019
Insurance
Centene Corporation and WellCare, two big players in the US government-sponsored health insurance programme, have announced that they are merging in a deal worth $17.3 billion.   28 March 2019

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