News

Insurance

Hub International acquires The Insurance Exchange

Hub International, a global insurance brokerage, has acquired Rockville, Maryland-based Insurance Exchange, one of the largest independent insurance agencies in the Mid-Atlantic region.   14 March 2019

Insurance

Willis Towers Watson hires power and utilities expert from Bowring Marsh

Broker Willis Towers Watson has hired Mark Hiles to assume the role of head of power and utilities for the Central and Eastern Europe, Middle East and Africa (CEEMEA) region.   14 March 2019

Insurance

AIG unit Validus Reinsurance plans expansion into Canadian reinsurance market

Bermuda-based Validus Reinsurance, a part of American International Group (AIG), is planning to establish a new reinsurance branch in Canada.   13 March 2019

Insurance

BMS 2018 annual profits bumped up to £100m; CEO Cook lauds "remarkable results"

Specialist re/insurance broker BMS Group posted a 25 percent increase in its 2018 revenues, mostly driven by growth in its London wholesale and US reinsurance businesses, according to CEO Nick Cook.   13 March 2019

Insurance

Lloyd's Channel Syndicate names Ackland as chief commercial officer

SCOR-backed Channel Syndicate 2015 at Lloyd’s has appointed Matt Ackland as chief commercial officer of the London platform.   13 March 2019

Insurance

Qatar General Insurance appoints Al-Efrangi as new CEO

Qatar General Insurance and Reinsurance Company has appointed Hassan Ahmed Hassan Al-Efrangi as new group chief executive officer.   13 March 2019

Insurance

Insurance for legal marijuana hindered by limited policies, finds AM Best

Marijuana insurance is a fast-growing and evolving market but many insurers remain wary of such a controversial product even where it is legalised, according to an AM Best report.   13 March 2019

Insurance

ABI calls for Brexit delay after latest deal voted down

As the latest deal for Britain to leave the EU was voted down in Parliament last night, the possibility of the country leaving with no-deal looked more likely.   13 March 2019

Insurance

Tokio Marine HCC unveils new Danish branch, senior hires for surety expansion

Specialty insurance group Tokio Marine HCC has appointed Henning Skaarup as head of surety Nordics and Jan Holm Larsen as senior surety underwriter to further expand its international surety capabilities into Continental Europe.   12 March 2019

Insurance

Mapfre highlights digital transformation in 2019 to 2021 strategic plan, 2018 results

Mapfre CEO Antonio Huertas has acknowledged that the company “could have done better” in 2018 at the company's annual general meeting for shareholders in Madrid on Friday 8 March.   11 March 2019

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