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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
The business will operate as Africa Re Underwriting Agency and marks its first office outside Africa. 5 October 2020
Insurance
Shareholders voted “overwhelmingly in favour” of directors put forward by re/insurance firm Argo at its AGM, crushing a bid to change direction at the top of the company by activist investor Voce Capital Management. 28 May 2019
Insurance
The company continues to see strong interest in the asset class. 30 January 2020
Insurance
Former DARAG CEO Arndt Gossmann and brokerage sales expert Gerd Meyer have resurfaced at composite insurer Schwarzmeer- und Ostseeversicherungs-AG (SOVAG) as the new members of its management board. 12 May 2017
Insurance
Risk models are good at estimating the losses arising from ‘conventional hurricane events’ but their performance decreases when it comes to more severe or unusual events, according to a study by JLT Re, which analysed the precision of modelled market loss estimates for significant hurricanes since 2004. 12 July 2018
Insurance
The company has hired a new managing director who previously worked at Marsh, Towergate, and Willis. 17 August 2020
Insurance
The appointees will develop Swiss Re's financial & professional services underwriting strategy globally. 2 October 2020
Insurance
The board will advise on matters related to geopolitics, cyber security, identifying market trends and future drivers for growth. 15 April 2020
Insurance
The transaction reflects AIG’s strategy to focus on the high net worth segment. 29 June 2020
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