Articles
Insurance
Newbridge Risk Partners, an underwriting cell on the Castel MGA formation platform, has secured a new binder with Lloyd’s and London company market capacity to support the continuing growth of its political violence and terrorism insurance and reinsurance business. 9 November 2017
Insurance
Broker JLT has joined the London Market’s electronic placing platform Placing Platform Limited, according to an Oct. 30 statement. 1 November 2017
Insurance
French mutual insurance company Covéa, whose €8.2 billion bid for SCOR was rejected earlier in September, said it was still seeking a friendly takeover of the reinsurer and that its CEO will withdraw from the SCOR board until the reinsurer’s annual shareholders’ meeting in 2019. 27 September 2018
Insurance
Specialist commercial insurer CNA Hardy has gained authorisation to set up operations in Labuan, Malaysia, expanding its presence in Asia. 18 April 2018
Insurance
American International Group’s (AIG) chief executive Brian Duperreault said the company is working with a “sense of urgency” and “taking decisive actions across the company” as the business posted another big loss in its third quarter results. 1 November 2018
Insurance
Hannover Re has a “fairly strong appetite” for Asian business and it wants to participate in the region’s potential significant growth despite the high competition in the market, Michael Marx, managing director Asia-Pacific, told SIRC Today. 30 October 2018
Insurance
Tower Insurance, a part of RSA Group, has appointed Emmet McQuillan as managing director, succeeding Peter Gallagher who has led the Isle of Man-based insurer for nine years. 5 June 2018
Insurance
Broker Willis Towers Watson has reinforced its existing facultative reinsurance business in France by growing its team of specialists based in Paris. 24 July 2018
Insurance
Everest Insurance has appointed Debbie Weiser as the new leader of excess casualty within Everest Specialty Casualty. 6 September 2017
Insurance
Renewals discussions are increasingly focused less on price and more on products and solutions, a trend that is putting pure capacity providers in a weaker position, Artur Klinger, chief underwriting officer of NewRe, told Baden-Baden Today. 23 October 2018
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