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Insurance
Smaller and less diversified insurers in Europe will be hit by regulatory capital demands as a result of Solvency II says Phil Smart, UK head of Solvency II at KPMG. 18 February 2014
Insurance
Lloyd’s specialist underwriter White Oak Underwriting Agency (WOUA) has appointed Patricia Watling as jewellery and fine arts underwriter as it launches a specialist fine art, classic car and general specie capacity aimed at both the private and commercial markets. 18 February 2014
Insurance
BMS Group has appointed Eddie Gilbert as divisional director of BMS Risk Solutions. Based in London, Gilbert will work with the risk solutions team in the development of BMS Group’s global mining portfolio and wider international strategy. 18 February 2014
Insurance
Former chairman of Barbon Insurance Group Jamie Drummond-Smith has been appointed as non-executive director of Arthur J. Gallagher’s (AJG) international business in London. 18 February 2014
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
JBA Risk Management, a provider of flood maps to the UK insurance industry, has released a probabilistic model for flood in the UK. The company claims the model allows for greater precision in assessing exposure than has previously been possible and it offers the highest resolution of its kind for the country. 17 February 2014
News
Insurance giant Admiral has renewed its historic reinsurance relationships allowing long term partners to benefit from its own continued growth and profitability. 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
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
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