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Insurance
Insurer AIG Europe has made three new appointments to its trade credit team. Oliver Lambert, Marius Wolmarans and Ulf Cramer join the team 8 April 2014
News
Brazilian reinsurer Terra Brasis has appointed Luiz Pestana as chief commercial officer and Paulo Hayakawa as chief underwriting officer, following a restructuring of the business. 7 April 2014
Insurance
Marsh & McLennan has acquired Capstone Insurance Services, an agency located in Greenville, South Carolina, with revenues of $1.8 million. 7 April 2014
Alternative Risk Transfer
The recently closed $245 million catastrophe bond issued by Tokio Marine & Nichido Fire Insurance could prompt other big Japanese insurers to also tap the insurance linked securities (ILS) markets as an alternative means of risk transfer. 4 April 2014
Insurance
Willis Group has appointed Alan Hewitt, formerly of Jardine Lloyd Thompson, as multinational practice leader in its global human capital and benefits practice. 3 April 2014
Insurance
Re/insurance service provider Tawa has completed the demerger of its operating divisions into two independent groups and renamed what will become its primary operating unit Pro Insurance Solutions. 3 April 2014
Alternative Risk Transfer
Kiskadee Investment Managers, Hiscox Re’s insurance-linked securities (ILS) asset management subsidiary, has hired the former chief operating officer of AlphaCat Managers and the former chairman of the Bermuda Monetary Authority (BMA). 2 April 2014
Insurance
David Prince, the chief financial officer of Liberty Mutual Insurance Europe, has resigned. 1 April 2014
Insurance
Chubb Insurance Company of Europe (Chubb) has appointed David Barr as European environmental manager 1 April 2014
Insurance
Argo International, the Lloyd’s insurer and member of Argo Group, has appointed Greg Walters as class underwriter for its onshore energy account. He will report to head of marine & energy Philip Thorpe-Apps. 1 April 2014
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