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Insurance
Reinsurance, wholesale and specialty broker Ed has received a license to carry out general insurance mediation business by the Jersey Financial Services Commission. 29 May 2018
Insurance
JLT Re has appointed Alain Bizet as senior vice president (SVP) in Miami to join the broker’s property treaty team. 25 May 2018
Alternative Risk Transfer
TigerRisk Capital Markets & Advisory (TCMA), the insurance-focused investment banking subsidiary of TigerRisk Partners has created Panthera Re to facilitate access to third-party capital investors for insurance and reinsurance clients. 24 May 2018
Insurance
Insurance intermediary The Ardonagh Group which comprises Autonet and Carole Nash, Paymentshield, Insurance Broking, Schemes and Programmes, MGA and Wholesale, has reported adjusted EBITDA (Earnings before interest, taxes, depreciation and amortization) up 12.7 percent year on year at £28.0 million in the first quarter of 2018. 23 May 2018
News
Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies (MMC), has appointed Richard Carver as managing director and senior broker in the firm’s UK non-marine division. 22 May 2018
Insurance
Castel Underwriting Agencies, an MGA formation platform that supports individual underwriters with smaller books of niche business, has expanded its Castel Specialty portfolio with the addition of a political risk book. 21 May 2018
News
Japan-based Toa Reinsurance Company (Toa Re) has hired the former chief executive of Amlin Europe to spearhead a new European reinsurance venture. 17 May 2018
Alternative Risk Transfer
Three experienced ILS executives including one of the founders of Hiscox-owned Kiskadee Investment Managers and a former managing director of RenRe-owned DaVinci Reinsurance have formed a new hedge fund-backed ILS venture, according to a May 16 Reuters report. 17 May 2018
Insurance
Profits dipped at NN Group, one of the biggest insurers in the Netherlands, in the first quarter of 2018 but its gross premium income rocketed on the back of its 2017 acquisition of Delta Lloyd as its chief executive said he anticipates the integration of the two companies will be largely finalised by the end of the year. 17 May 2018
Insurance
Southeast Asian insurtech start-up Jirnexu has secured $11 million of investment from Japan-based SBI Group and US-based investor SIG Asia Investments (SIG). 17 May 2018
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