Articles

Insurance

Lonmar Global Risks targets casualty with hire

Lloyd’s broker Lonmar Global Risks has hired Alastair Johnstone as divisional director of its non-marine division.   6 March 2015

Insurance

Mapfre signs €82m deal with Santander to expand insurance distribution with new company

Spanish insurer Mapfre has signed a deal to invest €82 million to create a company with Santander Spain to distribute automobile, self-employed and company insurance.   1 July 2019

Insurance

R&Q acquires Bermuda reinsurer Sandell Re for $25m in cash

Insurance services and investment company Randall & Quilter Investment Holdings (R&Q) is to acquire the entire issued share capital of Bermuda-based Sandell Holdings and its subsidiary Sandell Re (SRL) for an initial cash consideration of $25 million with further amounts payable subject to certain conditions being met.   1 July 2019

Insurance

Lloyd’s syndicates are not getting the most from risk models

Some Lloyd’s underwriters do not use catastrophe models to their full potential. As a result, syndicates must invest in ensuring staff have a better understanding of models and their inherent strengths and weaknesses.   6 February 2013

Insurance

RFIB appoints Middle East exec to lead expansion

Lloyd’s broker RFIB has appointed Martin Pyrke as senior executive officer of RFIB Middle East to lead its expansion in the region.   27 May 2015

Insurance

The Geneva Association appoints deputy managing director, research and foresight head

He previously ran a re/insurance-focused research and business development consultancy.   20 November 2019

Insurance

London MGA EPUL launches alternative to Pool Re terror cover

London-based commercial property MGA, European Property Underwriting (EPUL), has launched a flexible UK and Northern Ireland terrorism solution offering cost-effective cover as an alternative to Pool Re.   11 June 2018

Insurance

Sompo International appoints chief executive officer

He is succeeding Nigel Frudd who will still be responsible for overseas M&A.   20 November 2019

Insurance

Chaucer hires Swiss Re exec

Lloyd’s insurer Chaucer has opened its Miami branch for business from Latin America and lured a Swiss Re executive.   20 January 2015

Insurance

US investment hits JLT results; CEO warns of headwinds

Re/insurance broker Jardine Lloyd Thompson Group (JLT) posted an underlying profit before tax of £170.1 million in 2015, down 7 percent on 2014, which it said was a reflection of big investments it has made growing its fledgling business in the US.   1 March 2016

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