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Insurance
Insurance, claims and regulatory service provider Davies Group said on Sept. 15 that it is acquiring specialist insurance and professional services provider Ambant. 15 September 2017
Insurance
London-based managing general agent (MGA) Pen Underwriting has appointed Tom Downey as chief underwriting officer. 15 September 2017
Insurance
Jeremy Brazil, who has overseen Markel International’s underwriting for nearly ten years, is stepping down from his executive role at the end of the year. 14 September 2017
Insurance
Syndicate Research Limited (SRL) has placed Lloyd's syndicate 4444 (Canopius Managing Agents Limited) under review for possible downgrade after confirmation that Sompo Canopius is due to be acquired by a private equity consortium led by Centerbridge Partners in the first quarter of 2018. 14 September 2017
Insurance
Lloyd’s CEO Inga Beale warns in a speech at the International Shipping Week on Sept. 14 of the risk that traditional players may lose market share to new competitors in marine business. 14 September 2017
Insurance
Insurer Chubb has promoted Tara Parchment to head its European personal risk services division, based in London. 14 September 2017
Insurance
Mapfre Global Risks (MGR), a Mapfre unit providing insurance solutions for multinationals, said on Sept. 14 that it is moving into the London aviation market. 14 September 2017
Insurance
Lloyd’s is exploring the possibility of issuing insurance-linked securities (ILS) using new regulations that will allow them to be issued from the UK to protect the market, Inga Beale, chief executive of Lloyd’s, told Monte Carlo Today. 13 September 2017
Insurance
Martin Sullivan, the former chief executive of AIG and now a partner in Lightyear Capital, has denied rumours that the private equity firm is looking to sell its stake in broker Ed—of which he is also non-executive chairman. 13 September 2017
Insurance
Some insurers are looking to strengthen their reinsurance programmes in the aftermath of hurricanes Irma and Harvey as they fear being underexposed with so much of the hurricane season still to run. 13 September 2017
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