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US-based niche insurer Markel Corporation has announced its plan to incorporate and capitalize a German insurance company in Munich, within the first half of 2018, to support its EU-27 growth strategy post Brexit. 18 May 2017
Insurance
The former CEO of Axis Re Jay Nichols has joined Baldwin & Lyons, the US-based property/casualty holding company's board of directors. 18 May 2017
News
Hong Kong-based Peak Re is seeking international expansion despite plummeting profit in 2016. 18 May 2017
Insurance
Switzerland-based Allied World Assurance Company Holdings has appointed Jodi Garratt as assistant vice president of its Australian property team. 18 May 2017
Insurance
Bermuda-based Everest Re Group has appointed Keith Lavigne as the new leader of management and professional liability within Everest Specialty Underwriters, the management and professional liability unit of its US insurance operations. 18 May 2017
Insurance
Germany-based legal expenses insurance provider ARAG has expanded its claims handling teams with three new appointments. 18 May 2017
Insurance
Swiss Re and Taiwan Fire & Marine Insurance have partnered to jointly offer first parametric aquaculture insurance solution to cover onshore fisheries against extreme rainfall in Taiwan's Ping Tung Country. 18 May 2017
Insurance
Commercial and industrial property insurer FM Global has moved three of its senior leaders, Michael Lebovitz, James Galloway and Derry Johnson, to new roles within the company. 18 May 2017
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has promoted Laura Burns to the role of head of business development – commercial. 18 May 2017
Insurance
Mergers and acquisitions (M&A) activity will pick up in 2017 across all insurance sectors, driven, among others, by soft market conditions and insurers seeking scale, according to a study by Conning. 17 May 2017
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