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Insurance
Adrian Brian has been named director of Patria Re Marketing Services, a wholly owned subsidiary of Patria Re, based in London. 2 January 2018
Alternative Risk Transfer
In 2017 the UK introduced legislation to make the jurisdiction a hub for insurance-linked securities – a move that could represent an important shift in the ILS landscape, according to executives interviewed by Intelligent Insurer for our year-end questionnaire. 29 December 2017
Insurance
The General Insurance Corporation of India (GIC Re) has received “in principle” approval from the Lloyd’s Franchise Board to create a new syndicate, its managing agency Pembroke has confirmed. 21 December 2017
Insurance
Hamilton Underwriting, the managing agency of Syndicate 3334 and the Lloyd's operations of Hamilton Insurance Group, has reached an agreement with Randall & Quilter (R&Q) in conjunction with AXA DBIO, to support the Reinsurance to Close (RITC) of Syndicate 3334’s 2014 and prior years of account. 21 December 2017
Insurance
Speciality insurer Chaucer has taken its first steps into the world of third party capital by forming its first reinsurance sidecar, formed to provide collateralized capacity for Chaucer Syndicate 1084’s global reinsurance portfolio in 2018. 21 December 2017
Insurance
StarStone Underwriting, the Lloyd’s managing agency belonging to legacy acquisition specialist Enstar Group, has signed a letter of agreement with Neon Underwriting for Enstar’s Syndicate 2008 to undertake a reinsurance-to-close transaction. 21 December 2017
Insurance
Coverys Syndicate 1975 has received approval from Lloyd’s to begin underwriting business with effect from Jan. 1, 2018. 19 December 2017
Insurance
Property/casualty insurer Chubb has appointed Brian Church as executive vice president and head of international property for its overseas general business. 19 December 2017
Insurance
Lloyd's broker Endeavour Insurance Services has appointed the founder of PIB and EC3 Brokers Chris Giles as non-executive chairman. 19 December 2017
Insurance
Lloyd’s of London is facing criticism for providing what some have dubbed “murder insurance” to gun owners across the USA, according to an article in The Times. 18 December 2017
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