News
Insurance
The Prime Minister of the UK, Theresa May, has announced that she will resign her position as leader of the Conservative Party in June and then step down as PM after her replacement is found. 24 May 2019
Insurance
Italian insurance group Generali has entered into an agreement for the sale of the life run-off portfolio of its UK branch with a subsidiary of Reinsurance Group of America (RGA). 24 May 2019
Insurance
Bermuda-based specialty re/insurer Lancashire Holdings is seeking a new group chief financial officer following the departure of Elaine Whelan next year. 24 May 2019
Insurance
Re/insurance broker Lockton has hired senior Gallagher and Willis executives as it it looks to grow its presence across the North of England and Midlands. 24 May 2019
Insurance
Swiss Re Corporate Solutions, the commercial insurance arm of Swiss Re Group, has appointed Katie McGrath as head of accident & health North America, succeeding Mike Kemp who announced his retirement earlier this year. 24 May 2019
Insurance
US-based global broker AmWINS Group and parent of THB Group, a specialist insurance and reinsurance broker, has appointed Matt Edwards as lead underwriter, property specialty in its London-based MGA Unicorn Underwriting. 24 May 2019
Insurance
The European insurance sector will continue to consolidate in 2019, with varying credit impacts, according to the latest Moody's Investors Service report. 23 May 2019
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
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