Articles

Insurance

RSA sees strong growth opportunity in five industry practices to be launched this year

RSA Insurance Group is launching five industry practices within its UK & International (UK&I) global risk solutions business to drive "strong profitable growth" in the areas it sees tremendous opportunity.   9 May 2019

Alternative Risk Transfer

Allianz boosts AGCS alternative risk transfer leadership in growth move

Allianz Global Corporate & Specialty (AGCS) has made key leadership changes targeting expansion in the alternative risk transfer (ART) space. The move follows the division of ART line of business into two specialist teams.   9 May 2019

Insurance

AIG-backed insurtech Azur uses augmented underwriting to combat inefficiencies

Azur, a managing digital agent (MDA) specialising in the UK's high net worth insurance market, has partnered with technology firm Logical Glue to implement algorithms that it said will enable better risk analysis in order to free up underwriters to focus on more complex risks and broker relationships.   9 May 2019

Insurance

AIG's Talbot founder Rupert Atkin steps down, is replaced by ex-Marsh chair

American International Group (AIG) has appointed Marsh's David Batchelor as new non-executive chairman of Talbot Group, replacing the company's founder Rupert Atkin who is stepping down after 28 years.   9 May 2019

Insurance

Beazley picks Zurich's Richard Montminy as new global head of property

Specialty insurer Beazley has appointed Richard Montminy as global head of its property division, succeeding Mark Bernacki who stepped down from the position at the end of April after 13 years at the company.   9 May 2019

Alternative Risk Transfer

Willis Re: ILS market growth slows for two consecutive quarters

Growth in the insurance-linked securities (ILS) market has slowed for the second quarter in a row, according to the Willis Re ILS Market Update.   7 May 2019

Insurance

JLT Re's Pete Chandler joins BMS Group as president of US reinsurance

Specialist re/insurance broker BMS Group has appointed Pete Chandler as president of its US reinsurance operations. Chandler is the latest in a series of recent high-profile hires from JLT.   7 May 2019

Insurance

McLarens picks Cunningham Lindsey's Pigot as global head of specialty, London markets director

Global loss adjuster McLarens has hired David Pigot for the newly created role of director of London markets & global head of specialty.   3 May 2019

Insurance

The Hartford strikes $300m ADC deal for Navigators with Berkshire Hathaway

US-based property/casualty insurer The Hartford has agreed a $300 million aggregate excess of loss reinsurance treaty with National Indemnity Company (NICO), a subsidiary of Berkshire Hathaway.   2 May 2019

Insurance

BMS Capital Advisory swoops on JLT's Chris DeMuth as senior vice president

Specialist re/insurance broker BMS Group has appointed Chris DeMuth as senior vice president of BMS Capital Advisory, the company's investment banking division.   2 May 2019

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