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Insurance
Jardine Lloyd Thompson Group (JLT) has reached an agreement to sell the majority of its Thistle UK business to PIB Group. 14 November 2016
Insurance
Specialty insurer Brit will lead a new Lloyd’s consortium for diamond processing bringing additional capacity of up to $50m to the London market. 14 November 2016
Insurance
Skuld, a marine insurer, will rename SMA/Gerling Norway as Skuld Marine Agency (SMA) when it completes its acquisition of the insurer by the end of the year. 11 November 2016
Insurance
Markel International, the specialist insurer, has appointed Andrew Maher as senior underwriter, emerging risks, within its specialty and financial lines division. 8 November 2016
Insurance
Re/insurance brokerage Jardine Lloyd Thompson (JLT) plans to build out its specialty business in 2016 in spite of challenging market conditions, it said in its interim management statement for the period from July 1 through to November 7, 2016. 8 November 2016
Insurance
XL Catlin’s North America property insurance business has appointed William Volz as Southern California regional underwriting leader and Mark Flanagan as chief property underwriter, based in Los Angeles and Hamilton, Bermuda, respectively. 8 November 2016
Insurance
RFIB Group, a Lloyd’s re/insurance broker, has appointed Paul Leith-Smith, Giles Penfold and Will Hawkins to its newly formed south-east Asia marine cargo team. 7 November 2016
Insurance
Lloyd’s of London is set to establish a branch in Mumbai in 2017 after receiving approval from the Indian regulator, Insurance Regulatory and Development Authority of India (IRDAI), allowing it to provide onshore reinsurance service in India. 7 November 2016
Insurance
Talbot Underwriting, a wholly-owned subsidiary of Validus Holdings, has launched a Lloyd’s consortium for nuclear, biological, chemical and radiological (NBCR) terrorism. 4 November 2016
Insurance
A combination of automation of internal processes, gadget-driven insurance products and startups is set to transform the insurance business in the coming years, according to Torbjörn Magnusson, president & CEO of Nordic property/casualty insurance provider If P&C Insurance. 3 November 2016
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