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European financial reforms strike right balance, says ALFI
Insurance
Provisionally agreed reforms to European financial supervision have hit the right balance between European intervention and national autonomy, according to the Association of the Luxembourg Fund Industry (ALFI).   8 April 2019
Berkshire's BHSI to offer transactional liability insurance in Asia, Middle East; hires senior leader from Pembroke
Insurance
Berkshire Hathaway Specialty Insurance Company (BHSI) has launched its transactional liability insurance offering in Asia and the Middle East (AME) under the leadership of a new senior hire from Pembroke.   8 April 2019
AIG appoints QBE's Kathleen Zortman to lead global high net worth business
Insurance
American International Group (AIG) has appointed Kathleen Zortman as president and chief executive officer of private client group, general insurance.   8 April 2019
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
Insurance
Bermuda-based specialty re/insurer Sompo International has appointed Christopher Gallagher to a new role of chief executive officer of its commercial property and casualty business.   2 April 2019
Insurance
Lloyd’s of London CEO John Neal will be the interim sponsor of modernisation programme the London Market Target Operating Model (LM TOM) after the departure of Shirine Khoury-Haq, COO of Lloyd’s, who has been its sponsor since it was launched in 2015.   2 April 2019
Alternative Risk Transfer
Re/insurer AXA XL has revealed that Chris McKeown, the former CEO of New Ocean Capital Management, has stepped down from his role as vice chairman to pursue other interests outside the company.   2 April 2019
Insurance
Everest Insurance, a part of Bermuda-based Everest Re Group, has expanded its Lloyd’s general liability casualty team with two senior hires from Ironshore Insurance.   2 April 2019
Insurance
London-based specialty insurer Newline Group has launched its new European Union insurance hub in Cologne, following authorisation from the German Federal Financial Supervisory Authority (BaFin).   2 April 2019
Insurance
American International Group (AIG) has appointed Rich Baich as senior vice president, chief information security officer.   2 April 2019

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