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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
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
Bermuda-based holding company Hamilton Insurance Group has appointed Gemma Carreiro as group general counsel and corporate secretary. 31 August 2017
Insurance
UK insurer Global Aerospace is setting up a EU subsidiary in Paris to make sure it can continue to serve customers after Britain leaves the bloc, Reuters reported June 7. 8 June 2017
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, will begin underwriting fine art and specie in the Netherlands with the appointment of Paul Seip as senior underwriter. 3 August 2017
Insurance
AXIS Insurance, the insurance operation of Bermuda-based AXIS Capital Holdings, has launched a new management liability insurance policy for privately held companies. 10 April 2017
Insurance
Bermuda-based holding company Fidelis Insurance has hired Ian Burford to join its London underwriting team as chairman of specialised risks. 30 August 2017
article
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
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
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