News
Insurance
Bermuda-based Aspen Insurance Holdings has made a series of key changes in its executive leadership team, as well as placed its UK-based MGA Aspen Risk Management (ARML) into run-off, and closed its Dublin office, in a move it hopes will strengthen the company's "competitive position" and enhance operational efficiency under Apollo's ownership. 15 May 2019
Insurance
The Lloyd’s Market Association (LMA) has appointed three new members to its board of directors for 2019, who will serve a term of three years. 15 May 2019
Insurance
Castel Specialty, a division of club-style MGA formation platform Castel Underwriting Agencies, has launched a new e-trade solution to address complex and unusual small business risks. 15 May 2019
Insurance
Specialist managing general agency (MGA) and Lloyd’s coverholder Ensurance has launched a new terrorism and sabotage offering in the UK, with US and Australian markets to follow later this year. 14 May 2019
News
Insurtech, new risks and the growing involvement of the capital markets are all making the re/insurance industry more attractive to young people—and they look increasingly central to its future. 13 May 2019
Insurance
Lloyd’s has heralded a strong start to 2019 for the use of e-placement in the market but also noted that the rate of growth is flattening and warned against complacence at a time when the market must find ways to reduce costs and become more efficient. 13 May 2019
Alternative Risk Transfer
Allianz Global Corporate & Specialty (AGCS) has made key leadership changes targeting expansion in the alternative risk transfer (ART) space. The move follows the division of ART line of business into two specialist teams. 9 May 2019
Insurance
Insurance services and investment company Randall & Quilter Investment Holdings (R&Q) has completed the acquisition of Global US Holdings from an investment vehicle managed by AXA Liabilities Managers (AXA LM). 8 May 2019
Insurance
The Reinsurance Association of America (RAA) has elected John Welch, chief executive North America, AXA XL Reinsurance, as the new chairman of its board. 7 May 2019
Insurance
Industrial lines insurer HDI Global has appointed Michael Rüsch as the new authorised representative and head of its branch for Switzerland. 7 May 2019
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