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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
Insurance
Flooding hit Louisiana and parts of Mississippi on Sunday 14 July after Hurricane Barry came ashore on Saturday 13 July bringing intense rain. 15 July 2019
Insurance
Mercer, a wholly-owned subsidiary of Marsh & McLennan Companies, has entered into a five-year partnership with longevity analytics firm Club Vita. 15 July 2019
Insurance
Rating agency Moody's has withdrawn the Baa1 insurance financial strength rating of Genworth Financial Mortgage Insurance (Genworth Australia) due to "insufficient information". 15 July 2019
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