Articles

Insurance

R&Q boss Ken Randall steps down; co-founder Quilter and AM Best's Sellek appointed joint CEOs

Ken Randall will no longer serve as the group chief executive officer (CEO) of Randall & Quilter Investment Holdings (R&Q), and will hand over the reins to Alan Quilter, who co-founded the business with him in 1991.   19 June 2019

Insurance

S&P lifts Lloyd's outlook as capital position and underwriting performance improves

S&P Global Ratings has revised the outlook of Lloyd's of London and its core subsidiaries to stable from negative, following changes made by the specialist re/insurance market to improve its overall underwriting performance.   17 June 2019

Insurance

Willis-backed insurtech Innovisk launches M&A MGA Themis

Innovisk Capital Partners, a London-based global insurtech start-up, has unveiled a new underwriting agency, called Themis, focussing on the provision of mergers and acquisitions (M&A) insurance solutions.   17 June 2019

Insurance

LIIBA adds Price Forbes and Lonmar CEOs to board

The London and International Insurance Brokers’ Association (LIIBA) has appointed James Masterton, chief executive officer of Price Forbes, and David Pexton, chief executive officer of Lonmar Global Risks, to its board.   17 June 2019

Insurance

MS Amlin hires RSA marine expert Vogiatzidou for Dubai operations

Re/insurer MS Amlin has appointed Mary Vogiatzidou as senior marine underwriter in its Dubai operations.   17 June 2019

Insurance

Brazilian reinsurers Austral Re and Terra Brasis Re to merge

Brazilian reinsurers Austral Re and Terra Brasis Re have signed an investment agreement to merge their operations in order to create the second-largest domestic reinsurer in the vast South American country.   17 June 2019

Insurance

Lloyd’s Asia, Antares launch IP insurance initiative in Singapore

Specialist insurance market Lloyd’s Asia and managing agent Antares have teamed up with the Intellectual Property Office of Singapore (IPOS) to launch an initiative to support innovative enterprises as they enter global markets.   17 June 2019

Insurance

Helios to buy Lloyd's Nameco for £2m; raises £1.15m through placing of shares

Lloyd's private capacity provider Helios Underwriting has entered into an agreement to acquire the entire issued share capital of Nameco 1113, a limited liability member of Lloyd’s, from its owner Nigel Hanbury for just over £2 million.   17 June 2019

Insurance

Enstar appoints XL Catlin's Myron Hendry to board

Bermuda-based re/insurer and run-off specialist Enstar Group has appointed Myron Hendry to its board as a class II director, effective July 1.   17 June 2019

Insurance

EC3 Brokers creates new treaty leadership role in Dubai for Munich Re's Calfa

EC3 Brokers MEA has appointed Serge Calfa to the newly-created role of regional director of treaty. Based in Dubai, Calfa joins from Munich Re.   17 June 2019

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