News

Insurance

Ryan Specialty Group to buy US wholesale broker Atlantic Specialty Lines

Chicago-based Ryan Specialty Group (RSG) is to acquire the assets and operations of Atlantic Specialty Lines (ASL), a privately owned wholesale insurance brokerage headquartered in Richmond, Virginia.   9 May 2019

Insurance

Munich Re hires new Singapore & Southeast Asia CEO from Canopius

Munich Re has appointed Linus Phoon as chief executive officer (CEO) of Singapore and Southeast Asia, succeeding Till Böhmer who is returning to the company's head office in Germany to take up a new role.   9 May 2019

Insurance

AIG's Talbot founder Rupert Atkin steps down, is replaced by ex-Marsh chair

American International Group (AIG) has appointed Marsh's David Batchelor as new non-executive chairman of Talbot Group, replacing the company's founder Rupert Atkin who is stepping down after 28 years.   9 May 2019

Insurance

Beazley partners with Lloyd's insurers to tackle reputational risk

Specialist Lloyd’s insurer Beazley is partnering with other Lloyd’s insurers to offer an insurance and crisis management solution that helps mitigate reputational risk.   8 May 2019

Insurance

R&Q closes largest legacy acquisition deal with AXA; CEO Randall says '2019 pipeline is strong'

Insurance services and investment company Randall & Quilter Investment Holdings (R&Q) has completed the acquisition of Global US Holdings from an investment vehicle managed by AXA Liabilities Managers (AXA LM).   8 May 2019

Insurance

ArgoGlobal Assicurazioni taps Navigators' Serra to replace Borrelli as CUO

ArgoGlobal Assicurazioni, a European subsidiary of Argo Group International Holdings, has appointed Marco Serra as the new chief underwriting officer (CUO), based in Rome, Italy.   7 May 2019

Insurance

EU Court backs CCR’s French nat cat despite complaints, SCOR responds

The General Court of the European Union has backed the European Commission decision to approve CCR’s natural disaster reinsurance scheme based in France despite objections from French reinsurer SCOR.   7 May 2019

Insurance

HDI Global appoints new head of Switzerland from AXA XL

Industrial lines insurer HDI Global has appointed Michael Rüsch as the new authorised representative and head of its branch for Switzerland.   7 May 2019

Insurance

New MGA platform targeting European insurance market launches

Germany-based insurtech company GMBC has launched a new master managing general agent (MGA) platform for the European insurance market.   7 May 2019

Insurance

Argo fights back against Voce ‘falsehoods’ with detailed SEC filing

Re/insurer Argo Group has fought back against “Voce Capital’s continued falsehoods” by reiterating its “strong track record” and work to drive growth and value for shareholders, as the war of words with the activist investor shows no signs of abating.   3 May 2019

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