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Arcus hires James from Markel as NA property treaty head
Insurance
Arcus Syndicate 1856, which is managed by Barbican Managing Agency, has appointed Nick James as underwriting manager for North America property treaty.   9 May 2019
Moody’s praises Lloyd’s plan but sees ‘high degree of execution risk’
Insurance
Moody’s rating agency views the Lloyd's of London’s modernisation plan as “credit positive” for its proposals to cut costs and increase its digital services. But it warned that delivery of the plan was subject to a “high degree of execution risk” as it required a major overhaul of the culture and huge investment.   9 May 2019
MarketScout ‘picks up slack’ as US insurers curb wildfire cover
Insurance
As homeowner insurers curb services in wildfire and hurricane prone areas of the US, Texas-based, Lloyd's coverholder and MGA for US insurers MarketScout said its recently launched WildCat Brush and CatRisk Wind services would “pick up the slack”.   9 May 2019
Insurance
American International Group (AIG) has appointed Marsh's David Batchelor as new non-executive chairman of Talbot Group, replacing the company's founder Rupert Atkin who is stepping down after 28 years.   9 May 2019
Insurance
Specialty insurer Beazley has appointed Richard Montminy as global head of its property division, succeeding Mark Bernacki who stepped down from the position at the end of April after 13 years at the company.   9 May 2019
Insurance
Specialist Lloyd’s insurer Beazley is partnering with other Lloyd’s insurers to offer an insurance and crisis management solution that helps mitigate reputational risk.   8 May 2019
Insurance
ArgoGlobal Assicurazioni, a European subsidiary of Argo Group International Holdings, has appointed Marco Serra as the new chief underwriting officer (CUO), based in Rome, Italy.   7 May 2019
Insurance
Mergers and acquisitions in the insurance market have cut client choice to such an extent that industry veteran and former Aon group president Steve McGill spotted an opportunity for a new kind of venture.   7 May 2019
Insurance
Specialty re/insurer Canopius has signed an agreement with Korea's Samsung Fire & Marine Insurance (SFMI) that will see SFMI become a significant minority investor in the company.   3 May 2019
Insurance
US-based property/casualty insurer The Hartford has agreed a $300 million aggregate excess of loss reinsurance treaty with National Indemnity Company (NICO), a subsidiary of Berkshire Hathaway.   2 May 2019

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