News

Insurance

Willis Towers Watson bolsters France fac reinsurance hub

Broker Willis Towers Watson has reinforced its existing facultative reinsurance business in France by growing its team of specialists based in Paris.   24 July 2018

Insurance

Brown & Brown Q2 organic revenues up 5.2%

US-based re/insurance broker Brown & Brown has increased organic revenue by 5.2 percent year on year in the second quarter of 2018 to $472.7 million on an adjusted basis and excluding a new revenue standard.   24 July 2018

Insurance

Brit taps XL, MS Amlin for newly launched Sussex Re

Specialty re/insurer Brit has hired XL Group and MS Amlin senior executives for its newly launched Bermuda-domiciled collateralised reinsurance platform, Sussex Capital.   19 July 2018

Insurance

Ascot MGA Ethos swoops for CapSpecialty excess casualty head

Ethos Specialty Insurance Services, a managing general agency (MGA) and an Ascot Group company, has hired Kevin Mooney as senior vice president and head of small and medium enterprise (SME) casualty from CapSpecialty.   17 July 2018

Insurance

Underwriting profits to rise in 2018

Underwriting profits globally are likely to improve in 2018, assuming average natural catastrophe losses, as rates reacted after US and Latin America natural catastrophe losses, Swiss Re chief economist Jerome Haegeli said in the BestWeek Asia-Pacific edition.   17 July 2018

Insurance

Charles Taylor Managing Agency swoops for Capita CEO

Charles Taylor Managing Agency (CTMA) has appointed Colin Grint as chief executive officer. He will join CTMA later in 2018 from Capita Managing Agency.   17 July 2018

Insurance

Advent syndicate gets downgraded due to Brit transfer deal

Syndicate Research (SRL) has downgraded the B-^ (Below Average), stable outlook, Continuity Opinion of Lloyd's syndicate 780 (Advent Underwriting) to C+^ (Below Average).   17 July 2018

Insurance

Chubb taps Everest exec to lead North America claims

Property/casualty insurer Chubb has appointed Megan Watt as executive vice president, head of North America claims.   17 July 2018

Insurance

Third Point Re makes senior underwriting hires from Chubb, Munich Re

Bermuda-based Third Point Reinsurance has hired David Drury and Steven Wilson as senior vice president of underwriting from Chubb and Munich Re America.   17 July 2018

Insurance

Gallagher snaps up US commercial broker and MGA Jack Nebel

Broker Arthur J Gallagher has acquired North Barrington, Illinois-based The Jack Nebel Companies, a wholesale commercial insurance broker and managing general agency (MGA).   17 July 2018

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