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Insurance
Eighteen months since it walked away from a bidding war for PartnerRe, Axis Capital has completed a new deal with Novae. Albert Benchimol, chief executive of Axis Capital, explains to Intelligent Insurer why the company has never diverted from plan A, his view on third party capital and why he will sometimes send a client a cheque before a claim has been made. 20 October 2017
Insurance
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon, has appointed Leonora Siccardi as EMEA and UK head of client services. 20 October 2017
Insurance
Sompo Holdings said on Oct. 20 that its incurred losses from natural catastrophes in the third quarter of 2017 are estimated at ¥70 billion ($620 million) before taxes and that it is now reviewing its full-year earnings forecast. 20 October 2017
Insurance
An Intelligent Insurer roundtable in London gathered a panel of experts to discuss the growth and future of the insurance-linked securities markets in Europe. They discussed the role of European investors, European risks and the potential for more domiciles. 19 October 2017
Insurance
Bermuda-based AXIS Capital Holdings said on Oct. 18 that Novae will adopt the AXIS brand and its insurance business will be merged into AXIS’ international insurance division, led by its CEO, Mark Gregory, who reports to Pete Wilson, CEO of AXIS Insurance. 18 October 2017
Insurance
Insurance brokerage and risk management firm Arthur J Gallagher has hired mining specialist Stuart Hill as a director to strengthen its global mining and property capabilities. 18 October 2017
Insurance
Earlier this year, Vibe MGA Management was the latest managing general agent incubator to be launched in the London Market. Danny Maleary, its CEO, explained its aims, ambitions and international outlook to Intelligent Insurer. 17 October 2017
Insurance
Pioneer Underwriters, the underwriting group within Minova Insurance, has promoted Kate McCluskey to head of professional indemnity (PI) international and US excess. 17 October 2017
Insurance
AmTrust at Lloyd’s (ATL) has appointed Rachel Anne Carter as cyber innovation underwriter, based in London. 16 October 2017
Alternative Risk Transfer
US risk retention group County Hall Insurance said on Oct. 13 that it renewed its reinsurance placement through Lloyd’s of London. 13 October 2017
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