Articles

Insurance

Sompo secures Luxembourg approval; targets European growth

Bermuda re/insurer Sompo International has secured regulatory approvals from the Ministry of Finance of Luxembourg to establish a new subsidiary in the country – a move it made to deal with the UK leaving the European Union.   23 April 2018

Insurance

Chaucer and Markel back Newbridge on political violence & terrorism capacity

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

Willis Towers Watson appoints COO of corporate risk and broking

Willis Towers Watson has appointed Alexis Faber as chief operating officer within its corporate risk and broking segment. She will transition from her current role as global head of financial lines.   6 March 2018

Insurance

JLT joins London Market electronic placing platform

Broker JLT has joined the London Market’s electronic placing platform Placing Platform Limited, according to an Oct. 30 statement.   1 November 2017

Insurance

ArgoGlobal swoops for QBE exec to lead Singapore business

ArgoGlobal, a Lloyd's insurer and member of Argo Group, has appointed Veronica Grigg as senior executive officer for ArgoGlobal Asia.   5 March 2018

Insurance

OneBeacon restructures surety leadership, expands capacity to drive growth

OneBeacon Insurance Group's specialty business OneBeacon Surety Group has revealed key leadership changes in the US. The company has also expanded its surety bond capacity up to $250 million for qualifying clients.   13 June 2018

Insurance

Everest taps AIG excess casualty leader

Everest Insurance has appointed Debbie Weiser as the new leader of excess casualty within Everest Specialty Casualty.   6 September 2017

Insurance

CNA Hardy gets Malaysia licence for Asia expansion

Specialist commercial insurer CNA Hardy has gained authorisation to set up operations in Labuan, Malaysia, expanding its presence in Asia.   18 April 2018

Insurance

Rates the main issue at SIRC

The continued pressure on rates despite recent losses seems to dominate re/insurers’ concerns ahead of renewals.   30 October 2018

Insurance

Markel posts $259m net loss in Q3

Specialty insurer Markel has reported on Oct. 25 that it made a net loss of $259.1 million in the third quarter of 2017 attributable to shareholders.   26 October 2017

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