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Insurance
Flood Re, the UK Government’s scheme to pool flood risk, has published a tender for the services of a retrocession broker. 13 October 2014
Insurance
Alberta Investment Management Corporation (AIMCo), with its clients, Allianz Capital Partners (ACP) and Hasting Funds Management, are set to acquire Porterbrook Rail Finance, one of three major rolling stock leasing companies in the UK. 13 October 2014
Insurance
Rating agency AM Best has upgraded the Generali’s outlook to stable from negative following the insurer’s solid operating performance, strong business position and improving risk-adjusted capitalisation. 13 October 2014
News
Willis Re, the reinsurance division of Willis, has appointed Robert Wildbore as regional director of its Indian Sub-Continent, Middle East, Africa and Turkey (APMETA West) operations. 10 October 2014
Insurance
Prices have continued to plummet in the second Lloyd’s capacity auction of 2014 for Names-backed Syndicates. 10 October 2014
Insurance
Dutch insurer Delta Lloyd has discontinued the sale process of Delta Lloyd Bank Belgium as talks failed with the prospective buyer. 10 October 2014
Insurance
Brokers network Brokerslink has expanded into Slovenia, Serbia, Nigeria and the wider African continent and incorporated a new holding company. 9 October 2014
News
JLT Re has appointed Neill Cotton as head of the facilities division. Mike Pummell, the previous head of department will now take on the role of chairman of the executive committee. 9 October 2014
Insurance
Broker Willis has completed its acquisition of a controlling stake in employee benefits adviser Max Matthiessen. 9 October 2014
News
Jamie Veghte, the chief executive of XL Group’s reinsurance segment, has stepped down. XL has now begun a search for a new reinsurance leader. 9 October 2014
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