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Insurance
Towergate, an independent insurance intermediary, has appointed Brian Hardwick as its chief risk officer (CRO). 6 July 2016
Insurance
XL Catlin, a specialist reinsurer, will be sponsoring a survey to carry out research on the deep ocean ecosystem to boost its understanding of climate-related change in the marine environment. 6 July 2016
Insurance
Harrington Reinsurance Holdings, together with its subsidiary Harrington Re, has completed a capital raise of approximately $550 million of equity and $50 million of debt, including a $100 million equity investment by a subsidiary of AXIS Capital and an approximately $50 million equity investment by affiliates of The Blackstone Group. 6 July 2016
Insurance
Arthur J Gallagher has expanded its presence in Scandinavia through the acquisition of an 85 percent stake in Brim AB, a Swedish specialist insurance and reinsurance broker. 6 July 2016
Insurance
European life insurers will be the first to be impacted by the UK’s decision to withdraw from the EU but all parts of the insurance sector should prepare to adjust their group structure, according to a senior director at rating agency AM Best. 6 July 2016
Insurance
Nexus Underwriting Management (Nexus), has acquired 100 percent of the shareholding in the Hong Kong domiciled marine managing general agent (MGA), Beacon Underwriters (Beacon). 5 July 2016
Insurance
Nexus Underwriting, a specialty managing general agent, has appointed Adam Kembrooke as both group chief legal officer and group chief risk officer. 5 July 2016
Insurance
ArgoGlobal, a Lloyd’s insurer and member of Argo Group, has appointed Darren Long as cargo underwriter, effective immediately. 5 July 2016
Insurance
Specialist and corporate insurer Tokio Marine Kiln (TMK) has appointed Ben Amphlett as deputy underwriter for its aviation lines. 5 July 2016
Insurance
Towergate Insurance, an independent insurance intermediary, has completed the sale of a majority interest in its Broker Network business to Highbridge Principal Strategies. 5 July 2016
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