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Liberty Specialty Markets (LSM), part of the Liberty Mutual Insurance Group, is planning to establish a new subsidiary in Europe to retain its access to the market after Brexit, with an indication as to its location to be confirmed in June. 23 May 2017
Insurance
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
UK-based life insurer Prudential said on July 12 that it has acquired a majority stake in Zenith Life of Nigeria and formed exclusive bancassurance partnerships with Zenith Bank in Nigeria and Ghana. 13 July 2017
Insurance
David Burt, the Premier of Bermuda, has said he accepts responsibility for what appears to have been a case of human error when draft regulations were being edited that resulted in the country being blacklisted by the European Union this week in what he also admitted is a “setback” for Bermuda and would mean a “challenging period” for the domicile. 14 March 2019
Insurance
Bermuda-based specialty P&C re/insurer Sompo International Holdings said on Oct. 19 that it has launched a new strategic partnership in Africa to access new markets. 19 October 2017
Insurance
The financial impact of windstorm Friederike is likely to reach into the hundreds of millions of euros, according to Aon’s Jan. 19 Weekly Cat Report. 19 January 2018
Insurance
Insurer Ironshore has appointed Ronald Gleason as global energy industry practice leader. 26 January 2016
Insurance
Liberty Mutual Company Ironshore has appointed Steve Horton to chief executive officer of managing general insurance agency Iron-Starr, and Susan Pateras to chief operating officer of Ironshore Bermuda. 18 January 2018
Insurance
Specialty insurance provider Assurant and warranty solutions provider The Warranty Group, a portfolio company of TPG Capital, have entered into a definitive agreement to merge operations. 18 October 2017
Insurance
Bermuda-based AXIS Capital Holdings said on Oct. 18 that Novae will adopt the AXIS brand and its insurance business will be merged into AXIS’ international insurance division, led by its CEO, Mark Gregory, who reports to Pete Wilson, CEO of AXIS Insurance. 18 October 2017
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