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Insurance
Brit posted a solid set of results for 2013 achieving a small increase in gross premiums written and a substantial improvement in its profits after what was a year of important hires and strategic moves for the business. 17 February 2014
Insurance
Specialist insurer Beazley has appointed James Gray as specialty lines treaty underwriter in London. He will underwrite working layer US excess and catastrophe excess of loss contracts, as well as work on Beazley’s cyber and employment practices liability products. 14 February 2014
Insurance
As floods continue to ravage the UK, California faces the lowest precipitation in recorded history for the state which has already led to exceptionally severe drought conditions in the area according to Guy Carpenter. 13 February 2014
Insurance
AXA Assistance has promoted Eoin Lyons to chief operating officer from his role as general manager of AXA Assistance in Ireland. Former head of account management, Paul Moloney will assume Lyons’ vacated position, as well as the role of account director for key strategic AXA Assistance UK clients. 13 February 2014
Insurance
Qatar Insurance Company (QIC) is to acquire Antares Holdings, a specialist insurer and reinsurer operating in the Lloyd’s market 13 February 2014
News
Zurich-based reinsurer Weisshorn Re AG has appointed Patrick Kelleher as CEO and delegate to the board of directors. Kelleher has experience leading re/insurance businesses on an international scale and risk management experience across a range of life and non-life insurance businesses. 13 February 2014
Insurance
Covéa Insurance has strengthened its commercial lines team with the appointment of three senior underwriters. 12 February 2014
Insurance
ANV Holdings BV, the Dutch headquartered specialty insurance business, has appointed Jonathan Thorpe as head of claims for all ANV Syndicates. He was formerly head of claims and legal counsel for Syndicates 5820 and 779. 12 February 2014
Insurance
ACE Global Markets will offer an additional $50 million in environmental liability coverage to global clients after research found the risk to be a major concern in the EMEA region. 11 February 2014
Insurance
Managing General Agents (MGA) must keep abreast of changing regulation and seek to improve distribution to stay relevant. That is the view of Peter Montanaro, head of delegated authorities at Lloyd’s who spoke to three quarters of the Managing General Agents' Association (MGAA) member organisations at a briefing yesterday. 11 February 2014
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