News

Insurance

MS Amlin acquires strategic stake in specialist reinsurance MGA Envelop Risk

Global re/insurer MS Amlin has acquired an equity stake in specialist reinsurance managing general agent (MGA) Envelop Risk.   21 May 2019

Insurance

HDI Global Specialty appoints new head of aviation and space from Neon

HDI Global Specialty SE, a new specialty lines insurer created from merging the specialty lines activities of Hannover Re and HDI Global, has recruited Martin Jackson as head of aviation and space, replacing Tim Slade.   20 May 2019

Insurance

AM Best moves Third Point Re outlook to 'negative' over profitability concerns and management changes

Rating agency AM Best has revised the outlook of Bermuda-based reinsurer Third Point Re to negative from stable, expressing "concerns over the company’s business profile", its ability to make underwriting profits, and the recent changes in its senior management including the departure of its CEO Robert Bredahl.   17 May 2019

Insurance

Globe Underwriting appoints North American property head from WSG Specialty

Globe Underwriting, a UK based managing general agent (MGA), has hired Jennifer Mackay as head of North America property division.   16 May 2019

Insurance

Aon, Guy Carpenter partner on blockchain initiative to streamline reinsurance placement

Brokers Aon and Guy Carpenter have teamed up with The Institutes RiskStream Collaborative to streamline the reinsurance placement process using distributed ledger technology (DLT).   16 May 2019

Insurance

THB picks JLT duo to build 'finest' binding authority team

Specialist re/insurance broker THB Group has made two senior hires from Jardine Lloyd Thompson Group to further strengthen its binding authority business.   16 May 2019

Insurance

SCOR elevates Jenkins to lead Americas P&C reinsurance as CEO amid management reshuffle

Reinsurer SCOR has made a number of changes in its P&C reinsurance operations in the Americas, including the CEO post, as part of a senior reshuffle that came into effect from 15 May 2019.   16 May 2019

Insurance

Generali posts solid growth and profits in Q1 results

Italian insurer enjoyed a big increase in its profit in the first quarter of 2019, though this was partly driven by disposals. Its GWP also show solid gains in all parts of the business.   16 May 2019

Insurance

Everest swoops on Liberty's Pitt to grow international surety business

Everest Insurance, the specialty insurance division of Bermuda-based Everest Re Group, has appointed LMG's Graham Pitt as head of international surety, based in London.   16 May 2019

Insurance

PartnerRe’s non-life unit drives solid growth; investments boost profits in Q1 2019 results

PartnerRe enjoyed solid growth and a big increase in profits in the first quarter of 2019 driven largely by net unrealized investments gains - but the Bermuda reinsurer’s CEO also highlighted improvements in the pricing environment.   16 May 2019

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