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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
Specialist Lloyd's insurer Neon has appointed Chris Conway, formerly a senior underwriter at Ascot Underwriting Bermuda, to its property reinsurance team in Bermuda.   7 July 2017
Trust in Lloyd’s drives AXIS into Novae acquisition
Insurance
AXIS Capital’s acquisition of Novae Group defies critics that believe that the London Market has become overly expensive and unattractive.   6 July 2017
Insurance
Canada-based Fairfax Financial Holdings said July 6 that it closed the acquisition of Switzerland-based Allied World Assurance Company Holdings.   6 July 2017
Insurance
AXIS Capital is to acquire Lloyd's insurer Novae Group for £468 million ($604 million) in an all-cash deal based on paying 700 pence per Novae share. The transaction is expected to close in the fourth quarter of 2017.   6 July 2017
Insurance
The Lloyd’s Market Association (LMA) said on July 6 that it has received backing and funding support for a satellite imagery and intelligence service for all Lloyd’s managing agents.   6 July 2017
News
Reinsurance, wholesale and specialty broker Ed has appointment Jonathan Tilman as chief actuary.   6 July 2017
Insurance
Cost cuts have offset low interest rates and declining premium volumes on legacy portfolios, stabilizing profitability of Dutch life insurers, according to Fitch Ratings.   6 July 2017
Insurance
Re/insurer QBE has appointed Constanza Gállegos as head of distribution for Continental Europe.   6 July 2017
Insurance
The Federation of European Risk Management Associations (FERMA) has elected new members to its board and confirmed Jo Willaert as president for an additional two-year term.   6 July 2017

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