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Independent specialty managing general agent (MGA) Nexus Group said in a statement that it has acquired specialist trade credit broker Credit Risk Solutions (CRS). 27 October 2017
Insurance
Worldwide economic and insured losses during the month of June were once again largely driven by several major severe weather outbreaks in the US, according to the latest Global Catastrophe Recap report by Impact Forecasting, Aon Benfield’s catastrophe model development team. 7 July 2017
Insurance
Sompo International Holdings (SIH), a Bermuda-based specialty provider of property and casualty re/insurance, has announced a new organisational structure and the launch of a global insurance platform. 3 October 2017
Insurance
Broker Towergate has appointed Paul Dilley to its executive committee. He will step into the role of chief executive officer (CEO) underwriting, replacing Adrian Brown. 7 December 2016
Insurance
Argo Pro, a subsidiary of specialty re/insurer Argo Group, has appointed Mary Henderson as senior vice president, head of financial institutions, and Dan Gmelin as vice president, underwriting, architects and engineers (A&E). 29 June 2017
Insurance
Pen Underwriting, a subsidiary of insurance broker Arthur J Gallagher, has appointed James Palmer as senior underwriter to strengthen its regional brokers in getting and retaining new business. 28 November 2016
Insurance
Chaucer, an insurance group underwriting at Lloyd's, has launched a Dublin-based subsidiary to write international specialty re/insurance business, after receiving approval from the Central Bank of Ireland. 21 June 2017
Insurance
Adam Szakmary, the former CEO and portfolio manager at Blue Capital Management, has joined Hiscox Insurance Company Bermuda as director of underwriting. He replaces Damien Smith, who is returning to London after six years in Bermuda to become the head of specialty for Hiscox Re. 3 May 2017
News
Gross written premiums grew steadily at Greenlight Capital Re in the first quarter as its CEO said he was pleased with the January renewals. But the company’s profits plummeted largely as a result of higher expenses. 3 May 2017
Insurance
Ratings agency AM Best has removed Ironshore Insurance and its subsidiaries from “under review with developing implications” following its acquisition by Liberty Mutual Holding Company’s (LMHC). 2 May 2017
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