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Mapfre signs €82m deal with Santander to expand insurance distribution with new company
Insurance
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
R&Q acquires Bermuda reinsurer Sandell Re for $25m in cash
Insurance
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
The Geneva Association appoints deputy managing director, research and foresight head
Insurance
He previously ran a re/insurance-focused research and business development consultancy.   20 November 2019
Insurance
He is succeeding Nigel Frudd who will still be responsible for overseas M&A.   20 November 2019
Insurance
Steve Redmond, the managing director of Antares, a member of the QIC Group, has said the company’s recent launch on the Lloyd’s Asia Platform in Singapore was partly a defensive move to ensure it still sees business now being underwritten in Singapore as opposed to London.   2 November 2015
Insurance
Arthur J Gallagher (AJG), the international division of Arthur J Gallagher & Co, has appointed Sue Langley as non-executive chairman of the AJG Holdings UK board.   2 September 2015
Insurance
Jardine Lloyd Thompson Group (JLT) has appointed Bala Viswanathan as chief executive officer of its UK Employee Benefits business.   13 October 2015
Insurance
Lloyd’s broker Lonmar Global Risks has hired Alastair Johnstone as divisional director of its non-marine division.   6 March 2015
Insurance
JLT Specialty USA, a subsidiary of Jardine Lloyd Thompson Group (JLT), has appointed Michael O’Brien as executive vice president, as part of its expansion plans in the US around key industries and product specialties.   3 August 2017
Insurance
Probitas 1492, an underwriting syndicate at Lloyd’s, has appointed Charles Boorman to lead its financial lines team.   20 June 2016

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