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Insurance
Independent Lloyd’s broker AFL Insurance Brokers has hired experienced brokers Mark Ritson and Peter Draper as directors of international property and energy. 19 July 2019
Insurance
Profits at Italian insurer Generali soared in 2018 as the company exceeded all its targets for the past three years, attributed to improvements in all group business segments including life, property/casualty and asset management. 14 March 2019
Insurance
Run-off specialist DARAG has completed the acquisition of SOBC Services, a company focused on the sourcing, acquisition and management of insurance entities and portfolios in run off in the US, Bermuda and Caribbean. 20 November 2018
Alternative Risk Transfer
State Compensation Insurance Fund, California’s largest provider of workers’ compensation insurance, has completed its second cat bond. 29 September 2014
Insurance
Specialty insurance group Tokio Marine HCC has acquired 100 percent of NAS Insurance Services, a US-based cyber and professional liability specialist. 2 April 2019
News
Willis Global has appointed Pietro Menghi as director of Strategy and Transformation, the division which includes Willis’ specialist brokerage and consulting services. Menghi will be based in London and report to Steve Hearn, chairman and CEO of Willis Global. 12 March 2014
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has expanded its liability team by creating two new senior underwriting roles. 19 July 2018
Insurance
AXIS Re, the reinsurance business segment of Bermuda-based AXIS Capital Holdings, has expanded its strategic partners business with the appointment of Daniel Osterrieder as strategic account executive for North America. 7 February 2019
Insurance
Zurich Insurance Group has entered into an exclusive collaboration in Europe with insurtech startup CoverWallet and launched a new digital distribution channel in Spain. 14 February 2018
News
Reinsurance rates have fallen for the fourth consecutive year at the April 1, 2016 renewals, according to the latest 1st View Reinsurance Renewals report from Willis Re, the reinsurance business of broker Willis Towers Watson. 1 April 2016
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