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Markel gains German insurance licence; seeks EEA growth
Insurance
Specialist insurer Markel Corporation has been granted a licence by the German federal financial supervisory authority BaFin to establish an insurance company in Germany.   19 July 2018
Insurance
Willis Towers Watson has extended the contract with CEO John Haley for an additional two years in order to facilitate an orderly succession of the chief executive officer position.   19 July 2018
MGA execs bullish but admit sector must pass Lloyd’s test first
Insurance
Managing general agents (MGAs) are coming under growing pressure from Lloyd’s as part of the market’s profitability push while also grappling with the continued uncertainty around Brexit. But executives in the sector remain confident they can adapt and manage the challenges.   18 July 2018
Insurance
AXA Group's specialist run-off acquirer and manager has acquired a majority stake in Emirates Re.   17 July 2018
Insurance
Specialist re/insurance broker THB has revealed key leadership changes at its European division based in Amsterdam.   17 July 2018
Insurance
Munich Re has appointed Christoph Jurecka as new chief financial officer (CFO) to succeed Jörg Schneider who is retiring Dec. 31, 2018.   17 July 2018
Insurance
The re/insurance industry loss from extratropical cyclone Friederike (also called David) has reached €1.68 billion, according to Zurich-based catastrophe insurance data provider PERILS.   17 July 2018
Insurance
New US sanctions are likely to prevent the use of a Lloyd’s of London IT platform for any Iran insurance, adding to difficulties for European insurers providing cover for the country, according to a July 13 Reuters report citing chairman Bruce Carnegie-Brown.   16 July 2018
Insurance
Commercial property MGA European Property Underwriting (EPUL), part of Global Risk Partners (GRP), has appointed Christopher Box to the role of senior underwriter for UK and European property owner risks.   16 July 2018
Insurance
Insurtech startup Digital Risks, a digital-only insurance broker has raised £2.25m in an investment round led by Concentric, with participation from Atami Capital, Seedcamp, London Co-Investment Fund and Beazley.   16 July 2018

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