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Insurance
Ryan Specialty Group (RSG) Underwriting Managers has signed an agreement to acquire specialty marine managing general agency (MGA) Trident Marine Managers. 27 February 2017
Insurance
Bluefin Underwriting, the managing general agent (MGA) arm of Bluefin, has boosted its presence in the North East with the appointment of a new broker development manager Ian Chapman to cover the Yorkshire and North East of England region. 27 February 2017
Insurance
Asta, a third-party managing agent at Lloyd's, has announced its investment in a new London and Dubai reinsurance managing general agency (MGA) Arma Underwriting. 27 February 2017
Insurance
Swiss Re is cutting back its business not only in property/casualty (P&C) but also in its favoured corporate solutions segment as rates reach intolerable levels and waits for the operating environment to improve. 24 February 2017
Insurance
The Hanover Insurance Group has announced several organisational changes to drive global growth through its “go-forward” business strategy over the next five years. 24 February 2017
Insurance
Specialty re/insurer Navigators has appointed David Draper as the head of international casualty to drive growth. 24 February 2017
Alternative Risk Transfer
Weston Hicks, the president of Alleghany Corporation, which owns TransRe, has said that cracks are starting to appear in the foundations of the property/casualty industry and stressed that the so-called alternative reinsurance markets remain untested in the aftermath of a big loss warning that the industry may have created a monster. 23 February 2017
Insurance
TransRe enjoyed strong growth in 2016 but this was largely driven by a one-off whole account quota share transaction and Alleghany Corporation, its parent company, stressed that it remains highly selective in the reinsurance treaties that it writes. 23 February 2017
Insurance
Alleghany Corporation, the parent company of TransRe, enjoyed solid growth in 2016 but its profits dipped on the back of mixed investment results and a highly competitive property/casualty market. 23 February 2017
Insurance
Property/casualty insurer Chubb has made two senior management appointments in Europe, in its global accounts division. Suresh Krishnan and Tina Lakickas will assume their new roles from March. 23 February 2017
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