Articles

Insurance

Willis Towers Watson CFO Millay retires; search for successor begins

Roger Millay, the chief financial officer of Willis Towers Watson, is voluntarily retiring with effect from October 2, 2017, the re/insurance broker said in a statement.   7 April 2017

Insurance

Tokio Marine appoints new CEO of ProAg following transition

Tokio Marine HCC's crop insurance unit Producers Ag Insurance Group (ProAg) has announced that its president and CEO Michael Connealy will transition to chairman of the board, with effect from June 30, 2017 until his retirement in the second quarter of 2018.   2 May 2017

Insurance

Delivering on the M&A wave

There has been an uptick in mergers and acquisitions (M&A) in re/insurance, with large deals such as AIG-Validus and AXA-XL making recent headlines.   30 October 2018

Insurance

RMC Group targets Europe from new UK office

RMC Group, a consortium of insurance and actuarial consulting firms, has launched a new operation in the UK and named Ryan Mitchell as president of European Operations.   9 May 2017

Insurance

Enstar Group CFO to step down; replacement named

Mark Smith, chief financial officer of Bermuda-based Enstar Group, will step down at the end of the year, and move into a consulting role.   23 May 2017

Insurance

Rates force Beazley to shrink reinsurance unit in first nine months

Beazley enjoyed strong growth overall in the first nine months of 2017 but its reinsurance division shrank as the company reduced it because of continued rate decreases – a trend it expects to reverse on cat business, at least, because of the recent heavy losses in North America.   9 November 2017

Insurance

Lloyd's broker Kinetic continues hiring spree

London-based Lloyd's insurance broker Kinetic, a wholly owned subsidiary of Torlea, has appointed Mark Bain to develop its book of North American binding authorities.   3 March 2017

Insurance

Chubb appoints Liberty Mutual SVP as head of casualty claims in US

Property/casualty insurer Chubb has named John Watkins as senior vice president, head of casualty claims for its North America claims organisation.   1 June 2017

Insurance

Verisk Analytics unveils $250m Sequel acquisition

Data analytics provider Verisk Analytics said on Aug. 21 that it has signed a definitive agreement to acquire London-based software provider Sequel from HgCapital and other Sequel shareholders for a purchase price of £250 million.   21 August 2017

Insurance

Willis Towers Watson appoints regional corporate risk and broking leader in US

Broker Willis Towers Watson has appointed John Puetz as corporate risk and broking (CRB) segment leader for the Missouri/Kansas market.   2 May 2017

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