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Grahame ‘Chily’ Chilton, the founding partner of Capsicum Re, is rejoining the specialist reinsurance broker later this year and step down from his role as UK chief executive officer (CEO) of Arthur J Gallagher. 21 June 2018
Insurance
Meir Lewis has been appointed managing director and head of insurance investment banking at Deutsche Bank. 20 June 2017
Insurance
Allianz has agreed to acquire Sri Lanka's Janashakthi General Insurance (JGIL) for 16.4 billion Sri Lankan rupees (€85.9 million), according to a Feb. 2 press release. 5 February 2018
Insurance
Chris Klein, the head of strategy management for Europe, the Middle East and Africa at Guy Carpenter, will step down at the end of the year – and pursue his passion for model railways. 8 December 2016
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Specialty managing general agent (MGA) Nexus Group has completed the acquisition of Altitude Risk Partners from the club-style MGA formation platform Castel Underwriting Agencies via an asset purchase. 10 September 2018
Insurance
Broker Willis Towers Watson said on Oct. 26 that the European Commission (EC) in October 2017 initiated investigation proceedings in respect of a suspected infringement of EU competition rules involving several broking firms, including the company’s principal UK broking subsidiary and one of its parent entities. 27 October 2017
Insurance
Specialty insurer Markel said in its third-quarter 2017 results report that after the end of the reported period northern California sustained losses from several wildfires, which the company estimates to result in net incurred losses of between $40 million and $80 million before income taxes. 27 October 2017
Insurance
John Neal, the former boss of Australia-based insurer QBE Insurance Group who lost his job last year following a shock profit warning, is likely to be appointed as the new chief executive of Lloyd’s of London, according to a Sept. 7 Financial Times report citing “people familiar with the matter”. 7 September 2018
Insurance
Italian insurer Generali has entered into an exclusive negotiations with the shareholders of Sycomore Asset Management to acquire a majority stake in the company and enter into a strategic partnership. 7 September 2018
Insurance
Owen Williams, Zurich Insurance's head of captive services in the UK, has joined XL Catlin as the manager of its newly-established captive centre of excellence. 5 September 2017
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