Articles

Insurance

Ardonagh Q1 adjusted EBITDA climbs 12.7%

Insurance intermediary The Ardonagh Group which comprises Autonet and Carole Nash, Paymentshield, Insurance Broking, Schemes and Programmes, MGA and Wholesale, has reported adjusted EBITDA (Earnings before interest, taxes, depreciation and amortization) up 12.7 percent year on year at £28.0 million in the first quarter of 2018.   23 May 2018

Insurance

Canopius signs underwriting deal with MGA Anvil

Specialty re/insurer Canopius has signed an underwriting partnership with credit and political risk managing general agent (MGA) Anvil Underwriting.   3 September 2018

News

Munich Re subsidiary NewRe appoints new CUO to drive P&C growth

NewRe, a wholly owned subsidiary of Munich Re, has appointed Artur Klinger as new chief underwriting officer for the property and casualty business.   3 September 2018

News

Guy Carpenter taps Aon managing director for UK non-marine unit

Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies (MMC), has appointed Richard Carver as managing director and senior broker in the firm’s UK non-marine division.   22 May 2018

Insurance

Ascot poaches Navigators marine team to launch new unit

Bermuda-based specialist re/insurer Ascot Group has poached a US marine team from Navigators Group and launched a new US marine business on the back of this.   13 July 2018

Insurance

Markel promotes to boost professional and financial risks unit

Markel International, the specialist insurer, has promoted Bhavik Desai to senior underwriter in its professional and financial risks division (PFR).   14 May 2015

Insurance

Nexus acquires specialist broker Credit Risk Solutions

Independent specialty managing general agent (MGA) Nexus Group said in a statement that it has acquired specialist trade credit broker Credit Risk Solutions (CRS).   27 October 2017

Insurance

Seeking investment in new places

With traditional gilts giving the lowest rate of return for decades, insurers have been forced to start looking for alternative sources of investment income. Intelligent Insurer investigates.   15 December 2015

Insurance

Sedgwick names new CEO for Ireland

Sedgwick, a provider of technology-enabled business solutions in the risk and benefits services space, has appointed Malcolm Hughes as chief executive officer of its operations in Ireland.   23 April 2018

News

Munich Re Specialty taps Aspen, XL Catlin to lead Americas underwriting

Munich Re Specialty Group (MRSG) of London has added former Aspen and XL Catlin executives to lead its underwriting team.   31 August 2018

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