News
Insurance
Cayman-based property/casualty reinsurer Oxbridge Re effectively stopped writing business in the first quarter of 2019 as it grappled with the events of the previous hurricane season, when it suffered limit losses on all reinsurance contracts – but its CEO said he is optimistic about the future of the business. 15 May 2019
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
Specialty managing general agent (MGA) Nexus Group has appointed former Lloyd’s Asia Pacific president Tony Egerton as CEO of Nexus Asia, and Huntington Group managing director Gerard Pennefather as its non-executive chairman. 14 May 2019
Insurance
London-based regtech firm REG, which provides technology-driven risk management solutions for the general insurance industry, has secured £2.4 million in its latest funding round. 14 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
Insurance
The war of words between Argo Group and activist shareholder Voce Capital Management has intensified in the run up to a crucial May 24 vote when shareholders will have to choose between supporting Argo’s directors and nominees and proposals for change mooted by Voce. 13 May 2019
Insurance
Appealing to a dynamic and diverse workforce will be central to the long-term success of the industry, says Matthew Connell of the Chartered Insurance Institute. 13 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 broker AFL Insurance Brokers has appointed Jonathan Bines as the new chief executive officer (CEO) of UK, and unveiled its plans to expand business in North America. 13 May 2019
Insurance
Re/insurance broker Aon is merging its global managing general agents (MGA) & programme solutions and global portfolio broking teams into a single unit within its UK reinsurance solutions business, in a move it hopes will enhance its growth opportunities. 13 May 2019
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