News

Insurance

McLarens appoints Smart to new global leadership role, Wallace to lead UK business in growth move

Global loss adjuster McLarens has appointed Graham Smart to the newly created global role of chief commercial officer, as it looks to ramp up its strategic growth plans and expand its service offerings.   4 April 2019

Insurance

Blockchain initiative B3i secures new funding from re/insurers; forms board of directors

The blockchain insurance industry initiative B3i has secured investment from three new re/insurers, alongside existing shareholders, in its latest funding round.   3 April 2019

Insurance

Nexus Group raises £16m in capital to fund acquisitions

Specialty managing general agent (MGA) Nexus Group has secured a £16 million funding that it plans to use in advancing its merger and acquisition (M&A) activity.   3 April 2019

Insurance

Nexus Group buys Capital Risks MGA

Independent specialty Managing General Agent (MGA) Nexus Group (Nexus) has acquired Capital Risks MGA (CRM), a London based warranty and indemnity MGA.   2 April 2019

Insurance

Everest bolsters Lloyd's general liability casualty unit with Ironshore hires

Everest Insurance, a part of Bermuda-based Everest Re Group, has expanded its Lloyd’s general liability casualty team with two senior hires from Ironshore Insurance.   2 April 2019

Insurance

Newline Group launches Brexit hub in Germany; appoints CEO

London-based specialty insurer Newline Group has launched its new European Union insurance hub in Cologne, following authorisation from the German Federal Financial Supervisory Authority (BaFin).   2 April 2019

Insurance

Chartered Insurance Institute signs up Kenny Siu as Asia Pacific regional director, leaves Standard Life

The Chartered Insurance Institute (CII) has hired Kenny Siu as its regional director for Asia Pacific, based in Hong Kong, to bolster international growth objectives.   1 April 2019

Alternative Risk Transfer

ILS market faces natural pause in pipeline

The insurance-linked securities (ILS) market is facing a possible brief doldrum in 2019, before reviving in the second half of the year, according to Paul Schultz, chief executive of Aon Securities.   29 March 2019

Insurance

Investor Voce slams Argo for ‘invalid’ board appointments

In an ongoing dispute, Voce Capital Management, a shareholder of Argo Group, has questioned the legality of the re/insurer's appointment of two independent board directors.   29 March 2019

Insurance

HDI Global launches new Asia Pacific aviation unit with QBE hire

HDI Global Specialty SE, a new specialty lines insurer created from merging the specialty lines activities of Hannover Re and HDI Global, has launched a new general aviation operation in Australia.   28 March 2019

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