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Risk Strategies hires former IMA, Aon exec to lead professional liability group
Insurance
US insurance brokerage and risk management firm has appointed Darren Black to lead its national professional liability practice group.   14 August 2019
Concord Specialty boosts reps and warranty practice with new hire
Insurance
Concord Specialty Risk, a transactional risk insurance and loss mitigation specialist which is a series of RSG Underwriting Managers, has appointed Ilan Peress as vice president, representations and warranty insurance underwriter.   13 August 2019
Aon advises HSBC Bermuda on £7bn longevity swap with Prudential
Insurance
Re/insurance broker Aon has advised HSBC Bermuda on a recently completed £7 billion longevity swap, involving the HSBC Bank (UK) Pension Scheme and Prudential Insurance Company of America (PICA), said to be the second largest ever deal of its type.   13 August 2019
Insurance
Specialty re/insurer Canopius has partnered with artificial intelligence (AI) and deep-learning property analytics start-up Arturo.   13 August 2019
Insurance
US insurer FedNat has entered into a "cooperation agreement" with its third largest shareholder Capital Returns Management in response to legal proceedings filed by the activist investor, and agreed to add two new directors to its board as part of the deal.   13 August 2019
Insurance
Cincinnati Financial Corporation has expanded its board of directors to 15 with the appointment of Jill Meyer as an independent director and a member of its audit committee.   13 August 2019
Insurance
New Jersey-based Specialty Program Group (SPG), an operator of specialty insurance brokerages and underwriting facilities, has acquired specialty insurance programme manager The Mechanic Group.   12 August 2019
Insurance
CIC Services, a risk management and consulting firm specialising in the formation and operation of captive insurance companies, has launched a new reinsurance pool for property and casualty (P&C) coverages.   12 August 2019
Insurance
Argo Group, the specialty re/insurer, has confirmed it will introduce proposals to cut the number of board directors from 13 to 11 and change the way they are elected, as well as confirming changes to executive pay.   9 August 2019
News
As the evolution of disruptive online networks and advances in technology, such as Uber, Airbnb and self driving vehicles, speeds up, the insurance cover required has had to develop quickly too.   9 August 2019

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