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Australian reinsurance and binder broker Wickshire gains Lloyd's approval
Insurance
Sydney-based independent reinsurance and binder placement broker Wickshire has been approved as a Lloyd’s of London broker.   15 August 2019
Arch buys insurtech managing general underwriter Ventus Risk Management
Insurance
Arch Insurance North America has entered into a definitive agreement to acquire insurtech managing general underwriter (MGU) Ventus Risk Management.   15 August 2019
AIG snags Munich Re's Richard Olsen for top chief actuary role
Insurance
American International Group (AIG) has hired Munich Re's Richard Olsen as new chief actuary, general insurance, based in New York.   15 August 2019
Insurance
Concord Specialty Risk, a transactional risk insurance and loss mitigation specialist which is a series of RSG Underwriting Managers, has appointed Ilan Peress as vice president, representations and warranty insurance underwriter.   13 August 2019
Insurance
Globe Underwriting, the UK based managing general agent, has appointed Peter Rossell as head of engineering underwriting.   13 August 2019
Insurance
German re/insurer Talanx Group, the parent company of Hannover Re and HDI, has raised its full-year 2019 profit forecast on the back of "strong business performance" and an "extraordinary income" in the first half of the year that also saw an improvement in the industrial lines division. However, its underwriting results further declined in the second quarter of 2019 due to Typhoon Jebi loss creep.   12 August 2019
Insurance
Re/insurance broker Lockton has hired William Barber to lead its international healthcare strategy, which forms part of its professional and financial services offering.   12 August 2019
Insurance
Dutch insurance group Aegon has appointed NN Group's Lard Friese as chief executive officer (CEO), succeeding Alex Wynaendts at the company's Annual General Meeting to be held on May 15, 2020.   12 August 2019
Insurance
New Jersey-based Specialty Program Group (SPG), an operator of specialty insurance brokerages and underwriting facilities, has acquired specialty insurance programme manager The Mechanic Group.   12 August 2019
Insurance
CIC Services, a risk management and consulting firm specialising in the formation and operation of captive insurance companies, has launched a new reinsurance pool for property and casualty (P&C) coverages.   12 August 2019

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