Articles
Insurance
The shareholders of reinsurer SCOR have rejected the resolution proposed by its activist investor CIAM that suggested its CEO Denis Kessler be removed from the company's board of directors, calling it a "destabilisation attempt" at its annual general meeting (AGM) on April 26. 26 April 2019
Insurance
Specialist re/insurance provider Pro Global Insurance Solutions is acquiring Vibe MGA Management, the MGA incubator business of Vibe UK, which owns Lloyd’s managing agent Vibe Syndicate Management. 25 April 2019
Insurance
Broker Lockton has launched a food and agribusiness practice across Asia-Pacific with the hiring of Stephane Baldanoff as regional director. 24 April 2019
Insurance
Specialty lines programme administrator Axon Underwriting has launched a new reinsurance unit, Axon Re, to expand its cargo and stock throughput reinsurance programme across Latin America. 24 April 2019
Insurance
UK broker Brightside Group has appointed Richard Beaven as group chief operating officer (COO), reporting to group CEO Brendan McCafferty. 24 April 2019
Insurance
Broker Marsh & McLennan Companies (MMC) is merging the Latin American facultative reinsurance operations of its wholly owned subsidiaries Marsh and Guy Carpenter with that of Jardine Lloyd Thompson Group (JLT). The combined business will be known as Carpenter Marsh Fac Re. 23 April 2019
Insurance
Specialty insurer Tokio Marine HCC's crop insurance unit Producers Ag Insurance Group (ProAg) has signed an agreement to acquire Leawood, Kansas-based crop insurance managing general agent (MGA) AmTrust Agriculture Insurance Services (AmTrust Ag). 23 April 2019
Insurance
The Asia Pacific arm of Munich Re Syndicate, a marine and specialty insurance underwriter at Lloyd’s, has partnered with Singapore-based coverholder Nectar Specialty Risk to expand its distribution and middle-market business in the region. 18 April 2019
Insurance
Specialty re/insurer Canopius has signed a definitive agreement to merge its Lloyd’s business with AmTrust at Lloyd’s, a division of AmTrust Financial. 18 April 2019
Insurance
Lloyd's insurance broker and coverholder Shepherd Compello is launching a new subsidiary in Assen, the Netherlands to support its growth plans across Europe, and ensure business continuity amid the ongoing Brexit uncertainty. 16 April 2019
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