Articles

Insurance

Maiden at risk of Nasdaq delisting over share price

Nasdaq has warned reinsurer Maiden Holdings that it has failed to meet the stock market’s continued listing requirements and that it risks potentially being delisted.   23 April 2019

Insurance

Marsh, Guy Carpenter, JLT to merge LatAm facultative reinsurance under Andrew Perry

Broker Marsh & McLennan Companies (MMC) is merging the Latin American facultative reinsurance operations of its wholly owned subsidiaries Marsh and Guy Carpenter with that of Jardine Lloyd Thompson Group (JLT). The combined business will be known as Carpenter Marsh Fac Re.   23 April 2019

Insurance

Talanx, Hannover Re change underwriting policies for coal-based risks

Germany-based Talanx Group and Hannover Re have tightened their underwriting policies to reduce reinsurance cover for coal-based risks.   18 April 2019

Insurance

Capsicum Re swoops for Guy Carpenter MD to expand mortgage indemnity reinsurance business

Guy Carpenter's Stephen Mathews has joined specialist reinsurance broker Capsicum Re's mortgage indemnity reinsurance division. Based in New York, he will head up the division’s global analytics capability.   17 April 2019

Alternative Risk Transfer

Markel internal inquiry finds ‘no evidence’ CATco misled on loss reserves

An internal investigation by Markel Corporation into loss reserves in late 2017 and early 2018 at its CATCo found “no evidence” employees deliberately misled investors.   15 April 2019

Insurance

CEO of Axa UK & Ireland Claudio Gienal launches strategy rethink; talks XL deal

With six months under his belt as CEO of Axa UK & Ireland, Claudio Gienal has started a strategy revamp to take the business into the future.   8 April 2019

Insurance

MS&AD's Mitsui Sumitomo creates new global digital hubs in innovation strategy

Mitsui Sumitomo Insurance (MSI), a subsidiary of Japanese insurance group MS&AD, has set up two digital hubs in Tokyo and Singapore to support the company's digital transformation strategy.   8 April 2019

Insurance

Gallagher appoints John Thompson as CEO of UK specialty and wholesale

Broker Gallagher has appointed John Thompson as chief executive officer (CEO) of the UK’s specialty London market and wholesale businesses.   8 April 2019

Insurance

TigerRisk adds Guy Carpenter MD Kevin Feldman as partner

Reinsurance broking and risk/capital management firm TigerRisk has appointed Guy Carpenter's Kevin Feldman as a partner.   8 April 2019

Insurance

Ariel Re swoops for Tokio Millennium Re hire to build marine & energy operations

Ariel Re, a subsidiary of Bermuda-based Argo Group, has hired its new head of marine and energy, reinsurance from Tokio Millennium Re.   8 April 2019

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