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Sompo swoops for Amlin's Pützer as head of financial lines in Germany
Insurance
Sompo swoops for Amlin's Pützer as head of financial lines in Germany
Bermuda-based specialty re/insurer Sompo International Holdings has hired Udo Pützer to join the company’s European insurance platform as head of financial lines insurance, Germany.   21 May 2019
AM Best moves Third Point Re outlook to 'negative' over profitability concerns and management changes
Insurance
AM Best moves Third Point Re outlook to 'negative' over profitability concerns and management changes
Rating agency AM Best has revised the outlook of Bermuda-based reinsurer Third Point Re to negative from stable, expressing "concerns over the company’s business profile", its ability to make underwriting profits, and the recent changes in its senior management including the departure of its CEO Robert Bredahl.   17 May 2019
The Hartford gets regulatory approvals for $2.1bn Navigators deal; date set for final completion
Insurance
The Hartford gets regulatory approvals for $2.1bn Navigators deal; date set for final completion
US-based property/casualty insurer The Hartford has received all regulatory approvals necessary for the closing of its acquisition of global specialty insurance holding The Navigators Group.   17 May 2019
Insurance
Global commercial insurance rates enjoy biggest hike since 2012: Marsh
Average commercial insurance prices globally enjoyed their biggest increase since 2012 in the first quarter of 2019, according to Marsh’s Global Insurance Market Index.   17 May 2019
Insurance
Aon shakes up global reinsurance clients management team
Re/insurance broker Aon has made several organisational changes within its global reinsurance clients team co-led by Brad Melvin and Bruce Selby Bennett, in a move it hopes will help better align and integrate with the wider firm, and increase value to its clients.   17 May 2019
Insurance
Deutsche Rück’s profits rise but GWP shrink in 2018
German reinsurer Deutsche Rück Group's profits soared in 2018 but its book shrank due to a restructuring of a business segment within the group of German public insurers.   17 May 2019
Insurance
DataCubes partners with workers’ comp MGA Synergy
DataCubes, an automation platform for commercial P&C underwriting, has partnered with Synergy Coverage Solutions, a niche workers’ compensation MGA operating primarily in the Southeast and Midwest.   17 May 2019
Insurance
Globe Underwriting appoints North American property head from WSG Specialty
Globe Underwriting, a UK based managing general agent (MGA), has hired Jennifer Mackay as head of North America property division.   16 May 2019
Insurance
Aon, Guy Carpenter partner on blockchain initiative to streamline reinsurance placement
Brokers Aon and Guy Carpenter have teamed up with The Institutes RiskStream Collaborative to streamline the reinsurance placement process using distributed ledger technology (DLT).   16 May 2019
Insurance
THB picks JLT duo to build 'finest' binding authority team
Specialist re/insurance broker THB Group has made two senior hires from Jardine Lloyd Thompson Group to further strengthen its binding authority business.   16 May 2019

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