News

Insurance

Chubb appoints new financial lines leader for Bermuda

Insurer Chubb has appointed Richard Porter as senior vice president, head of financial lines for Chubb Bermuda.   27 March 2019

Insurance

CIAM urges SCOR to end Kessler's combined CEO and chair roles

French investment management firm CIAM, which holds 0.94 percent stake in SCOR, has submitted a draft resolution asking the reinsurer to oust its long-serving chief executive Denis Kessler from the company's board of directors at the next general meeting on April 26.   26 March 2019

Insurance

LIIBA elects BMS CEO Nick Cook as new deputy chair

London and International Insurance Brokers’ Association (LIIBA) has elected Nick Cook, CEO of BMS Group, as its new deputy chairman.   26 March 2019

Insurance

IGI’s Jabsheh praises 2018 results ‘solid performance’ as net profit up 237%

International General Insurance Holdings chief executive officer Wasef Jabsheh lauded the insurer’s “solid performance” as the company's net profits rose substantially in 2018.   25 March 2019

Insurance

Volante hires senior underwriting trio to spearhead Canadian expansion

UK-based managing general agent (MGA) platform Volante Global has hired three senior underwriters to spearhead its entry into the Canadian market.   25 March 2019

Insurance

AJG’s Alesco feared ‘planned attack’ of poaching by Ross’ Ardonagh

The departure of four people from an Arthur J Gallagher team to join the Ardonagh group was viewed as a “planned attack”, according to John Thompson, a managing partner at Alesco, as he gave evidence in the poaching case brought by AJG.   25 March 2019

Insurance

Liberty confirms new headquarters in Luxembourg ahead of Brexit

Liberty Specialty Markets, part of Liberty Mutual Insurance Group, has confirmed it has opened its new headquarters in Luxembourg city.   21 March 2019

Insurance

R&Q’s Accredited partners with specialty MGA Pronto in California

A Randall & Quilter Florida-domiciled subsidiary has confirmed a program underwriting partnership with Pronto General Insurance Agency (Pronto).   21 March 2019

Insurance

Alesco and Africa Re seek $3.5bn Lloyd’s capacity for Equatorial Guinea upstream energy risk

Broker Alesco Risk Management Services and Africa Re have launched a $3.5 billion reinsurance facility designed to cover all international upstream energy insurance programmes written from Equatorial Guinea.   20 March 2019

Insurance

Chaucer appoints China Re P&C exec Dr Zuo Huiqiang as new non exec

Specialty re/insurer Chaucer has appointed Dr Zuo Huiqiang, the deputy general manager of China Re P&C, as a non-executive director of Chaucer Syndicates, the group’s Lloyd’s managing agency.   20 March 2019

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