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Insurance
UK-based insurance intermediary Towergate, part of the newly-formed Ardonagh Group, has launched Geo Specialty, a London MGA (managing general agent) business with a new team of market specialists. 1 August 2017
Insurance
Property/casualty insurer Chubb has hired two former Zurich executives, Marc Scheidegger and John Latter, to bolster its regional claims team in the UK and Europe. 1 August 2017
Insurance
US-based Ryan Specialty Group has completed the acquisition of Georgia-based wholesale insurance brokerage and binding authority N-Surance Outlets (NSO). 1 August 2017
Alternative Risk Transfer
With London’s insurance-linked securities hub set for an autumn launch, Guernsey Finance chief executive Dominic Wheatley, who before joining the island’s promotional agency was chief marketing officer of the Willis Global Captive Practice and managing director of its Guernsey business, shares his thoughts on what to expect. 27 July 2017
Insurance
Swiss Re has signed a reinsurance agreement with Bansabadell Vida, the life joint venture of Zurich Insurance and Spanish banking group Banc Sabadell, to reinsure its individual life risk portfolio for an amount of €683.7 million, as a reinsurance commission. 25 July 2017
Insurance
UK general insurer Allianz has appointed John Berry to the role of director of underwriting and technical, personal lines. 25 July 2017
Insurance
Lloyd's underwriting syndicate DTW1991, which was established by Randall & Quilter Managing Agency (R&Q) in January 2013, has appointed John Cowell as senior underwriter, and Ed Colville as underwriter in its UK and international underwriting team. 25 July 2017
Insurance
Copenhagen-based specialty non-life insurer Gefion has closed a private placement of €10 million Solvency II-compliant subordinated notes, with funds managed by Fermat Capital Management. 25 July 2017
Insurance
Blue Marble Microinsurance has partnered with the Nature Conservancy organisation to develop insurance solutions for mitigating risks faced from climate change, including increased floods, storms and droughts. 24 July 2017
Insurance
Everest Re Group has hired Joe Martin to join its credit and political risk team in New York, reporting to Jim Thomas, head of credit and political risk at Everest Insurance. 20 July 2017
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