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Insurance
Pen appoints new chief exec as Mark Armitage moves back to broking with Gallagher
Pen Underwriting has appointed Jonathan Turner, currently executive chairman at the firm, to the role of chief executive following the departure of current managing director Mark Armitage who joins Arthur J Gallagher – the parent of Pen Underwriting.   17 January 2017
Insurance
Hamilton Insurance appoints former CEO of Aon Hewitt to board
Hamilton Insurance Group, the Bermuda-based holding company, has added the former CEO of Aon Hewitt to its board of directors.   15 August 2016
Insurance
XL expects $75mn charge from UK Ogden rate change
Bermuda-based XL Group has said that it expects the UK’s Ogden rate change decision to cost the re/insurer around $75 million.   1 March 2017
Alternative Risk Transfer
ILS fortifies its position
Issuance volumes of cat bonds fell in the 12 months to June 30, 2018, but this is not a true reflection of the market’s inherent robustness as it continues to mature and evolve, according to Aon’s latest ILS report.   29 November 2018
Alternative Risk Transfer
Steadily rising reinsurance pricing expected for 2019: KBW
Market participants are expecting steadily rising reinsurance pricing over the course of 2019, according to Keefe, Bruyette & Woods (KBW) analysts.   20 December 2018
Insurance
Reinsurance capacity grows despite major cat losses
Capital dedicated to reinsurance continued to grow in 2017 despite catastrophe losses, according to Guy Carpenter research.   18 January 2018
Insurance
Triton poaches QBE exec for authority manager role
Triton, the multi-disciplinary insurance sector outsourcer, has appointed John Davidson as delegated authority manager.   15 March 2016
Insurance
Enstar to sell Pavonia life business for $120m
Bermuda-based Enstar Group has entered into an agreement to sell its subsidiary Pavonia Holdings for $120 million to an undisclosed affiliate of Global Bankers Insurance Group, the re/insurance group of companies of Eli Global.   20 February 2017
Insurance
Willis Towers Watson makes leadership promotions in US
Broker Willis Towers Watson has appointed Scot Housh as regional lead for its corporate risk and broking (CRB) business in the Midwest, and Mark Vila to lead CRB for the greater Chicago market.   20 February 2017
Insurance
Brit appoints CEO of Singapore operations from ArgoGlobal
Specialty re/insurer Brit has appointed David Lim as the CEO of Brit Global Specialty Singapore with effect from May 15, 2017.   13 April 2017

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