News
Insurance
Liberty Mutual Re, the reinsurance arm of Liberty Specialty Markets (LSM), is launching a new operation under Lloyd’s registration in Mexico to serve clients in the Mexican market and Central America. 23 May 2019
Alternative Risk Transfer
French reinsurer SCOR’s portfolio management company is acquiring 100 percent of the capital of insurance-linked securities (ILS) fund manager Coriolis Capital, in a move aimed at expanding its capacity on the ILS market, reaching an aggregate sum of $2.1 billion of assets under management (AUM) and operating in both Paris and London. 23 May 2019
Insurance
Ariel Re, a subsidiary of Bermuda-based Argo Group, has appointed Sean Kelly to the newly-created role of senior vice president, specialty underwriter, credit and financial products. 23 May 2019
Insurance
Specialty insurance company ProAssurance Corporation has appointed Edward Rand, Jr., the company’s president and chief operating officer, to succeed Stancil Starnes as chief executive officer from July 1, 2019. 23 May 2019
Insurance
Cyber insurance could make leaps and bounds in Europe if policymakers gave insurers access to anonymised cyber-attack data, industry body Insurance Europe (IE) has said. 23 May 2019
Insurance
Frédéric de Courtois, general manager of Generali Group, has been elected vice president of Insurance Europe, the European insurance and reinsurance federation, for a three-year term. 23 May 2019
News
Recent catastrophes have revealed that some nat cat models might not be as up to date as they could be. Intelligent Insurer reports. 23 May 2019
Insurance
The Managing General Agents’ Association (MGAA) have revealed Lloyd’s CEO John Neal and journalist Kate Adie will speak at its fifth annual conference in London on 2 July 2019. 22 May 2019
Insurance
Ariel Re, a subsidiary of Bermuda-based Argo Group, has hired Stephen O’Flynn as head of professional lines and casualty treaty underwriting – Bermuda. 22 May 2019
Insurance
Activist investor Voce Capital Management has withdrawn its controversial board nominations ahead of insurer Argo’s annual general meeting after official state approval was revoked. 22 May 2019
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