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Reinsurance rates softened across nearly classes and geographies in the April renewals, according to Willis Re. 3 April 2014
Insurance
Broker Arthur J. Gallagher has acquired the Oval Group of Companies, an independent commercial insurance broker. 2 April 2014
Insurance
ACE Commercial Risk Services, part of insurer ACE Group, has appointed David Charlton as division president, property and casualty and micro-business. 2 April 2014
News
SCOR has secured approval to act as a managing agency at Lloyd’s. It will now manage its own syndicate in the market replacing Asta Managing Agency. 2 April 2014
Insurance
Run-off specialist Enstar Group and private equity firm Stone Point Capital have completed the previously announced acquisition of Torus Insurance Holdings. The deal represents the latest move into ‘live’ underwriting for Enstar. 2 April 2014
Insurance
Specialty insurer Torus Insurance Holdings has appointed two new board members. The appointments follow the acquisition of the business by run-off specialist Enstar and private equity firm Stone Point Capital. 2 April 2014
Insurance
David Prince, the chief financial officer of Liberty Mutual Insurance Europe, has resigned. 1 April 2014
Insurance
Scandinavian marine insurer Skuld has appointed Ståle Hansen as chief executive officer, with effect from February 1, 2015. 1 April 2014
Insurance
Broker Willis Group Holdings has appointed Raymond Brood, formerly of Mercer, as chief executive officer of its new Human Capital and Benefits practice for Western Europe. 1 April 2014
Insurance
The insurance financial strength ratings of Spanish re/insurer Mapfre and its subsidiaries have been upgraded by Fitch Ratings largely on the basis of a stabilisation of Spain's operating environment. 1 April 2014
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