Articles

Insurance

RLI shakes up finance executive leadership as CFO Brown retires

US specialty insurer RLI has appointed Todd Bryant to replace Thomas Brown as the company's chief financial officer (CFO) from July.   8 May 2019

Insurance

Ryan Specialty Group and Nationwide to launch new reinsurer Geneva Re in Bermuda

Ryan Specialty Group (RSG) has teamed up with insurance and financial services provider Nationwide to launch a new reinsurance company based in Bermuda, Geneva Re.   7 May 2019

Insurance

Reinsurance Association of America elects new officers from AXA XL, Hamilton Re and Markel

The Reinsurance Association of America (RAA) has elected John Welch, chief executive North America, AXA XL Reinsurance, as the new chairman of its board.   7 May 2019

Insurance

Former Aon president McGill sees opportunity as M&As limit choice

Mergers and acquisitions in the insurance market have cut client choice to such an extent that industry veteran and former Aon group president Steve McGill spotted an opportunity for a new kind of venture.   7 May 2019

Insurance

JLT Re's Pete Chandler joins BMS Group as president of US reinsurance

Specialist re/insurance broker BMS Group has appointed Pete Chandler as president of its US reinsurance operations. Chandler is the latest in a series of recent high-profile hires from JLT.   7 May 2019

Insurance

Argo fights back against Voce ‘falsehoods’ with detailed SEC filing

Re/insurer Argo Group has fought back against “Voce Capital’s continued falsehoods” by reiterating its “strong track record” and work to drive growth and value for shareholders, as the war of words with the activist investor shows no signs of abating.   3 May 2019

Insurance

US insurtech Indio secures $20m funding for business insurance platform

Indio Technologies, an insurtech company that streamlines the business insurance application process, has secured $20 million in Series B funding led by Menlo Ventures, with participation from 8VC.   3 May 2019

Insurance

Markel taps AIG's Guenter Kryszon for global property role

Specialist insurer Markel Corporation has appointed AIG's Guenter Kryszon to the position of executive underwriting officer for global property.   3 May 2019

Insurance

The Hartford strikes $300m ADC deal for Navigators with Berkshire Hathaway

US-based property/casualty insurer The Hartford has agreed a $300 million aggregate excess of loss reinsurance treaty with National Indemnity Company (NICO), a subsidiary of Berkshire Hathaway.   2 May 2019

Insurance

Insurance veteran Steve McGill and Warburg Pincus launch specialty risk business

Insurance broking veteran of 40 years and former group president at Aon Steve McGill has partnered with global private equity firm Warburg Pincus to launch a specialty risk solutions business named McGill & Partners.   2 May 2019

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