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Insurance
Aviva is set to close its US-based hedge fund investment team as its targets a potential deal to buy Friends Life. The fund manages around $2 billion. 27 November 2014
Insurance
Thistle Insurance Services, part of Jardine Lloyd Thompson Group (JLT), has lured a number of executives from Towergate. 27 November 2014
Insurance
Law firm DWF has lured a specialist catastrophic and large loss personal injury team from Greenwoods to bolster its 1000-strong national insurance practice. 27 November 2014
Insurance
ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has appointed Georgia Tsiakki as head of risk management. 26 November 2014
Insurance
The delayed implementation of RMS’ flagship product, RMS(one), has hit the profits of parent company, Daily Mail and General Trust (DMGT). 26 November 2014
News
One Re, a newly formed reinsurer focused on Africa, is targeting clients across 37 African countries. 26 November 2014
News
Broker Marsh has launched a UK terrorism facility as an alternative to state-backed Pool Re, the mutual reinsurer that provides terrorism cover for commercial property in the UK. 26 November 2014
Insurance
Lloyd’s is set to introduce a new cyber risk code and undertake a data collection exercise to assess syndicates’ aggregation of exposures. 26 November 2014
Insurance
Catastrophe reinsurance pricing is likely to remain under pressure at the 2015 renewals, with the pace of decreases expected to slow afterwards. 26 November 2014
Insurance
Insurer ACE has authorised a $1.5 billion share repurchase programme for 2015 to replace the current authorisation when it expires at the end of the year. 25 November 2014
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