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Insurance
Broker Marsh has hired Marcus Porter-Wright as leader of its UK Specie Division. He succeeds Philip Turner, who leaves Marsh in June to join Lloyd’s syndicate Canopius. 15 May 2015
Insurance
Oxbridge Re, the Cayman-based reinsurer covering property/casualty insurers in the Gulf Coast, posted solid growth and improved profits in the first quarter as its CEO said it was well positioned to cope with the forthcoming US hurricane season. 15 May 2015
Insurance
Howden International, part of Hyperion Insurance Group, has hired Goh Chye Huat into its international broking business as chief executive officer and principal officer of its Singapore retail operation. 14 May 2015
Insurance
Reinsurance broker JLT Re has promoted David Flandro to global head of analytics. 14 May 2015
Insurance
Novae Group, the specialist Lloyd’s insurance group, enjoyed a big increase in its gross written premiums (GWP) in the first quarter boosted largely new hires and new property underwriting units focussed on international and US open market business. 13 May 2015
Insurance
Enstar Group, the Bermuda-based specialist in legacy acquisitions, enjoyed higher profits and net premiums earned in the first quarter of 2015 as it also announced a reshuffle on its board. 13 May 2015
Insurance
Liberty Mutual posted a solid set of results in the first quarter of 2015 with its revenues and profits increasing slightly despite severe winter losses and other market pressures. 13 May 2015
Insurance
Allianz enjoyed a strong first quarter with its profits and revenues growing driven by its property/casualty segments especially the divisions Allianz Global Corporate & Specialty, Allianz Worldwide Partners, Germany and Latin America. 12 May 2015
Insurance
Capsicum Re, the specialist reinsurance broker, has poached two senior executives from JLT Re to boost its marine & energy specialty division joining Alistair Lockhart-Smith, who was also lured from JLT last month to lead the division. 11 May 2015
Insurance
Global insurance rates declined in the first quarter of 2014, driven largely by a continued softening in property rates, according to Marsh’s latest Global Insurance Market Quarterly Briefing. 11 May 2015
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