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Bermuda specialty re/insurer Argo Group enjoyed strong growth and better profits in 2018 by “optimising its portfolio” and growing in lines with most “profit potential” according to its CEO. 12 February 2019
Insurance
Markel year end results showed losses in shareholder income as the company was affected by declines in both our fixed income and equity portfolios, driven by an increase in interest rates and unfavorable movements in the equity markets during 2018, the co-chief executive officers Thomas S. Gayner and Richard R. Whitt said. However, the two leaders pointed to a more optimistic year ahead saying they are “excited” about the strategic opportunities of the Nephila acquisition competed in the fourth quarter of 2018. 6 February 2019
Insurance
Mitsui Sumitomo Insurance, a subsidiary of Japanese insurance group MS&AD, has acquired 80 percent of limited partnership equity in ILS fund manager Leadenhall Capital Partners (LCP) from MS Amlin Corporate Services, a group company of MS Amlin. 4 February 2019
Insurance
Willis Re, the reinsurance division of broker Willis Towers Watson, has unveiled a number of leadership changes in its Australian team, a move it hopes will drive its next phase of growth. 4 February 2019
Insurance
Broker Marsh & McLennan Companies’ (MMC) posted growth in both its 2018 and Q4 results as the company’s CEO highlighted the importance of its recent acquisition of Jardine Lloyd Thompson. 31 January 2019
Insurance
Specialist re/insurance broker THB has completed the leadership transition in its European division based in Amsterdam following the retirement of managing director Joaquim Caria. 31 January 2019
Insurance
German reinsurance giant Munich Re is looking to expand its presence in the South East Asian market with the creation of a new representative office Bangkok. 31 January 2019
Insurance
Pioneer Underwriters, an underwriting group within Minova Insurance Holdings, has unified its financial institutions (FI) businesses into one global underwriting operation. 31 January 2019
Insurance
Specialty insurer StarStone, whose parent company Enstar dropped plans to pursue its sale in September, has decided to sell some of its portfolio to Dubai-based firm Elseco. 31 January 2019
Insurance
John Roche, president and CEO at The Hanover Insurance Group, expects to “build on the positive momentum” the firm achieved in 2018, which saw major changes such as the sale of its speciality insurer Chaucer to China Re. 31 January 2019
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