Articles
Insurance
Re/insurance broking and advisory firm Beach & Associates has hired Marsh's Jonathan Tritton as senior vice president of its newly formed London wholesale practice. 20 September 2018
Insurance
Tokio Marine Kiln (TMK) has appointed Reeken Patel as chief financial officer (CFO), replacing James Dover who is leaving the business after 12 years in the position. 18 September 2018
Insurance
Ascot Group’s US managing general agent (MGA) platform Ethos Specialty Insurance Services has appointed Rory Cline as its new president and CEO. 18 September 2018
Insurance
Setoo, a London-based insurance and protection-as-a-service company, has closed an €8 million Series A funding round with AXA’s insurtech startup studio Kamet. 18 September 2018
Insurance
Broker BMS Group has hired four new executives from JLT and Price Forbes to expand its energy division. 17 September 2018
Insurance
The reinsurance market must accept that buyers won’t pay a higher price and instead focus on increasing efficiencies in how business is transacted, Michael Papworth, head of Asia and property & casualty at Miller, told Monte Carlo Today. 12 September 2018
Insurance
Global re/insurer MS Amlin and specialty cyber re/insurance analytics and underwriting firm Envelop Risk have unveiled a cyber reinsurance underwriting partnership at the reinsurance Rendez-Vous in Monte Carlo. 11 September 2018
Alternative Risk Transfer
The insurance-linked securities (ILS) market has reacted in an orderly manner after the 2017 catastrophe losses, paying claims and reloading, and it doesn’t have to prove itself any more, Aon Securities CEO Paul Schultz suggested in a conversation with Monte Carlo Today. 11 September 2018
article
Specialty managing general agent (MGA) Nexus Group has completed the acquisition of Altitude Risk Partners from the club-style MGA formation platform Castel Underwriting Agencies via an asset purchase. 10 September 2018
Insurance
The stated desire of many reinsurers last year was for across-the-board rate increases, but this did not materialise at the January 1 renewals, with increases predominantly concentrated in loss-affected lines, Richard Hewitt, head of Business Intelligence, EMEA, Guy Carpenter, told Monte Carlo Today. 10 September 2018
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