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CNP Assurances has entered into an exclusive long-term distribution agreement with Santander Consumer Finance (Banco Santander Group) and has agreed to acquire a 51 percent stake in Santander Consumer Finance's life and non-life insurance subsidiaries. 11 July 2014
Insurance
Broker Willis Group has appointed of David Martin to the newly-created role of global leader of placement. Steve Hearn, deputy chief executive officer (CEO) of Willis Group, will assume the role of CEO of Willis Insurance UK. 9 July 2014
Insurance
RFIB Group, a Lloyd’s re/insurance broker, has appointed Richard Dyke as operations manager of its non-marine international division. 9 July 2014
Insurance
Specialist global insurer Hiscox has appointed Simon Zelenoy, formerly of Argo, to develop its London market business in Brazil. 9 July 2014
News
Endurance Speciality has pulled together a team of executives from other companies to build an international agriculture reinsurance unit for the company. 9 July 2014
Insurance
Endurance Specialty has appointed Mark Maritzen as executive vice president and head of commercial property within its US insurance operation. 8 July 2014
News
Cooper Gay and Newman Martin and Buchan (NMB) have appointed a new chief executive of the firms’ combined reinsurance business following the resignation of the previous CEO. 8 July 2014
News
Guy Carpenter is the latest authority to confirm softening in the reinsurance market, as it reported that “market pressures at July 1 renewals continued to drive price decreases across virtually all geographies and lines of business, many in the double digit range.” 8 July 2014
Insurance
ACE has completed a significant acquisition that will see it become the largest commercial P&C insurer in Brazil – the largest insurance market in Latin America. 7 July 2014
Insurance
RFIB Group, the Lloyd’s insurance and reinsurance broker, today has appointed Richard Macfarlane as managing director of its international non-marine business. 4 July 2014
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