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News

SCOR gets green light for life and health reinsurance branch in Japan

SCOR Global Life has received the approval from the Financial Services Agency of Japan (FSA) to open a branch office in Tokyo, and conduct life and health reinsurance business in Japan.   4 April 2017

Insurance

Irish central bank fines PartnerRe for overstated solvency positions

The Central Bank of Ireland has fined PartnerRe Ireland Insurance and Partner Reinsurance Europe a combined €1.5 million.   22 August 2018

Insurance

Market M&A drives MGA growth as entrepreneurs form start-ups

The growing number of managing general agents (MGAs) in the UK insurance market is being driven by the continuing wave of insurer consolidation and entrepreneurial spirit of some underwriters wanting to start up their own businesses, according to The Managing General Agents’ Association’s (MGAA) Chairman, Charles Manchester.   12 July 2018

News

Swiss Re creates new global contingency unit; appoints head

Swiss Re Corporate Solutions, the commercial insurance arm of Swiss Re Group, has created a global contingency and sports personal accident (PA) team, and appointed Jonathan Cole to head up the unit.   17 August 2017

Insurance

Pulse creates new specialty unit in London with Pen Underwriting hire

Lloyd's coverholder Pulse Insurance, a specialist provider of non-standard and impaired life cover, has launched its new specialty unit in London.   17 August 2017

Insurance

Zurich restructures APAC commercial insurance; names new heads

Zurich Insurance Group has integrated two of its commercial insurance units into a single division in the Asia Pacific (APAC) region and appointed division heads.   17 February 2017

News

Aon Benfield broker moves to JLT Re credit and political risk unit

Reinsurance broker and consultant JLT Re has further expanded its credit and political risk team with the recruitment of Jakob Hansen in its London office.   16 August 2017

News

Swiss Re hopes services can help it sidestep softening pressure

Swiss Re believes it can insulate itself from downwards pressure on rates in the reinsurance market by offering clients value-added services such as data, technology and expertise, head of reinsurance Moses Ojeisekhoba, told Intelligent Insurer.   8 October 2018

Insurance

Lockton poaches Aon exec to manage complex risks in US

Insurance broker Lockton has expanded its construction services group with the addition of Brian Driscoll to its operations in Boston.   15 August 2017

Insurance

Lockton construction practice leader has a new job in the US

Michael Campo, who was formerly overseeing Lockton Companies’ construction practice, has joined IMA, a US-based insurance broker specialising in property/casualty insurance, employee benefits, surety and bonds.   15 August 2017

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