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Insurance
Ascot Underwriting will begin underwriting international casualty insurance after hiring David Fitzpatrick, formerly of QBE, to spearhead the new portfolio 12 May 2014
Insurance
Professional services company Towers Watson and employee benefits consultancy In2Matrix have established an exclusive alliance in Russia to provide consulting and insured employee benefits solutions. 12 May 2014
Insurance
Lloyd’s insurer Advent has appointed Richard Waller, formerly of Liberty International, to lead its energy division. 12 May 2014
Insurance
AXIS Insurance has expanded the responsibility of the chief executive of AXIS Specialty Europe giving him responsibility for underwriting in its international division. 12 May 2014
Insurance
On the back of a disappointing set of 2013 results UK insurance broker Brightside has accepted an offer which will see the business taken over by Belvedere Bidco, a newly formed company owned by AnaCap Financial Partners II. 9 May 2014
Insurance
Novae Group, the specialist listed Lloyd’s insurer, has further strengthened its agriculture reinsurance team, headed by Clive Hardy and senior treaty underwriter Hanne Wagner, with four new hires. 8 May 2014
Insurance
UK insurer RSA said a more disciplined underwriting approach was behind a fall in its net written premiums in the first quarter of the year, a period during which it also completed a rights issue to shore up its capital base. 8 May 2014
Insurance
Chief investment officers (CIOs) in insurers are increasingly shifting portfolio allocations towards non-traditional asset classes as they seek better returns. 8 May 2014
Insurance
Lorega has launched an on demand service extending its range of commercial claims support to cover public, employer and product liability and product recall. 8 May 2014
News
Profits at Munich Re fell by 5 percent in the first quarter of 2014 in an otherwise steady set of results mainly notable for the negative effect fluctuations in currency prices had on its gross written premiums and a warning by the company on price erosion in the reinsurance markets. 8 May 2014
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