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Marine insurance broker Latitude Brokers has completed a management buyout (MBO) after finalising terms with wholesale and reinsurance firm Cooper Gay Swett & Crawford (CGSC) to purchase its shareholding and become fully independent. 13 October 2015
Insurance
Australia-based insurer QBE has appointed Roger Ball as director of motor. 13 October 2015
Insurance
Canopius Group, the global specialty lines platform of Sompo Japan Nipponkoa Holdings, has appointed Scott Bailey as global head of accident and health (A&H). He will report to Stephen Gargrave, chief underwriting officer, Canopius Managing Agents. 12 October 2015
Insurance
SLE Group, a Lloyd’s cover holder based in Australia, has promoted Dr Tony Carter to chief underwriting officer. 9 October 2015
Insurance
Re/insurance provider AXIS Capital has revealed it will shut its retail insurance operations in Australia, resulting in the loss of 100 positions. 8 October 2015
Insurance
Insurance Australia Group (IAG) has appointed Peter Harmer as managing director and chief executive officer, effective as of 16 November 2015. 7 October 2015
Insurance
Re/insurance broker BMS Group has launched a Brisbane office and appointed Sam Mayne as director of wholesale and facilities, reporting to Brett Field, chief executive officer of BMS Australia. 7 October 2015
Insurance
Re/insurance company Validus Holdings has estimated that its losses relating to the explosion at the port of Tianjin, China, on August 12, and the earthquake in Chile on September 16, could reach $63.9 million. 6 October 2015
Insurance
ACE has appointed Captain Sivakumaran Divakaran as its new marine risk manager for Asia Pacific. 6 October 2015
Insurance
Mercer, the consultancy unit of Marsh & McLennan, has acquired Human Resources Business Solutions (HRBS), a provider of career and talent consulting and information services to clients across Asia. 5 October 2015
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