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Profits dipped at NN Group, one of the biggest insurers in the Netherlands, in the first quarter of 2018 but its gross premium income rocketed on the back of its 2017 acquisition of Delta Lloyd as its chief executive said he anticipates the integration of the two companies will be largely finalised by the end of the year.   17 May 2018
Malaysian fintech startup Jirnexu attracts $11m investment
Insurance
Southeast Asian insurtech start-up Jirnexu has secured $11 million of investment from Japan-based SBI Group and US-based investor SIG Asia Investments (SIG).   17 May 2018
Insurance
A primary UK legislation should be introduced for drones to ensure a framework on which insurers could base their products, according to the aviation committee of Lloyd’s Market Association (LMA).   16 March 2017
News
AXIS Re, a subsidiary of Bermuda-based AXIS Capital Holdings, has appointed Michael Leahey as vice president and deputy head of catastrophe underwriting for Europe, Middle East and North Africa (MENA), and Israel to further expand its business in these regions.   12 April 2017
Insurance
Insurance brokerage and risk management firm Arthur J Gallagher has appointed Kenny Hogg as regional managing director (RMD) for Scotland.   18 August 2017
Insurance
Aspen Insurance has closed its Bermuda-based US property insurance unit following high natural catastrophe losses in 2017 that included the recent wildfires in California.   19 February 2018
Insurance
Specialty re/insurer Sompo Canopius has appointed Tim Watson as credit and political risk underwriter.   28 June 2017
Insurance
Mutual marine liability insurer North P&I Club has appointed Andrew Hearne as deputy director of underwriting, based in its head office in Newcastle upon Tyne. He will initially work with North’s European team.   28 June 2017
Insurance
Arch Insurance, a part of Bermuda-based Arch Capital Group, has expanded its travel business unit with the appointment of Cory Sobczyk and Dan Povondra as vice presidents of business development, and Lynn Barty as regional sales director.   28 June 2017
Alternative Risk Transfer
Allianz Global Corporate & Specialty (AGCS) has appointed Paul Schiavone as global head of its alternative risk transfer (ART) business, taking over from Bill Guffey who is leaving after 15 years to pursue opportunities outside the company.   20 November 2017

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