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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
Insurance
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
Specialist Lloyd's insurer Neon has expanded its mergers and acquisitions (M&A) consortium capacity from £50 million to £75 million, starting January 2017.   24 January 2017
Insurance
Berkshire Hathaway Specialty Insurance (BHSI), a wholly owned subsidiary of Warren Buffett’s Berkshire Hathaway, has added automatic reinstatement provision to its executive first directors & officers (D&O) liability insurance offering in Asia.   14 August 2019
Insurance
Independent Lloyd’s broker Besso has secured funding from Clydesdale Bank to support the company’s continued growth strategy.   17 December 2015
Insurance
The Federation of European Risk Management Associations (FERMA) has elected Dirk Wegener, global head of corporate insurance for Deutsche Bank Group and a member of the German risk management association GVNW, as its next president.   26 June 2019
Insurance
JLT Specialty USA, a subsidiary of Jardine Lloyd Thompson Group, has appointed Mark Purdy as senior vice president to enhance its analytics and consulting practice.   8 June 2017
Insurance
Probitas 1492, an underwriting syndicate at Lloyd’s specialising in property, construction and casualty insurance and reinsurance solutions, said July 6 that it hired Stephen Johnson as property underwriter, and Jim Meakins as casualty underwriter.   7 July 2017
Insurance
ArgoGlobal Assicurazioni, a European subsidiary of Argo Group International Holdings, has appointed Marco Serra as the new chief underwriting officer (CUO), based in Rome, Italy.   7 May 2019

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