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Gallagher’s Pen buys Norwegian marine MGA for international expansion
Insurance
Gallagher’s Pen buys Norwegian marine MGA for international expansion
The strategic move expands its marine specialism and establishes first international branch.   6 July 2023
AM Specialty appoints ex-Risk Theory CEO as non-executive director
Insurance
AM Specialty appoints ex-Risk Theory CEO as non-executive director
He was formerly president of Skyward Specialty and CEO of IGI UK.   6 July 2023
Allianz appoints new UK chief information officer
Insurance
Allianz appoints new UK chief information officer
The appointee to lead Allianz’s ‘ambitious’ operations and IT strategy.   5 July 2023
Insurance
AIG & Stone Point close deal to craft MGA for HNW market for Q3 launch
Third party capital, including AIG and its Lloyd’s Syndicate, could back the new unit.   4 July 2023
Insurance
BMS picks up sixth Aussie broker in twelve months in major growth drive
The Queensland broker is an upstart creation of industry guru & rugby-turned-finance pro.   4 July 2023
Insurance
CCR sells majority stake in ~€1bn CCR Re to consortium of mutual insurers
The transaction increases the French state-owned reinsurer’s capital by €200m.   3 July 2023
Insurance
Italian insurers sweep up policies from defunct rival Eurovita
Generali, Allianz, Intesa Sanpaolo Vita, Poste Vita & UnipolSai will own new rump insurer.   3 July 2023
Insurance
Sompo lures Generali executive to head property insurance in Iberia
The appointee will be based in Sompo International’s new Madrid office.   3 July 2023
Insurance
Gallagher Re: more double digit rate gain mid-year, less drive for T&C
As capacity chases higher rates, reinsurer loosen hopes for tighter terms, even warm to all-risks.   3 July 2023
Insurance
IGI’s new CEO mulls aggressive growth, but ‘no transformation’
Embarking on a new journey with a keen eye and agile footing, IGI’s new CEO, Waleed Jabsheh, is not pondering any dramatic transformation, instead promising an “aggressive” chase of lucrative opportunities and an exciting era for IGI’s growth.   30 June 2023

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