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Dutch NN Group intends to make an all-cash offer for all issued and outstanding ordinary shares of Delta Lloyd, valuing the Dutch competitor at €2.4 billion, a premium of approximately 53% over the last three-months average closing price of the stock. 5 October 2016
Insurance
Hamilton UK Holdings, a subsidiary of Hamilton Insurance Group, has completed the sale of Lloyd’s insurance broker Kinetic Insurance Brokers to Torlea Group, a London-based holdings company. 5 October 2016
Insurance
XL Catlin’s insurance operations has promoted Paul Rothery to the position of regional product leader for marine liabilities and ports in Europe and Latin America. 4 October 2016
Insurance
JLT Re (North America) has appointed John Speckman as senior vice president, who will join the workers’ compensation and programmes practice and will be based in Stamford, Connecticut. 4 October 2016
Insurance
Brit Global Specialty USA (BGSU), a subsidiary of Brit, has appointed Will Frohne as vice president (VP), cargo, and Craig McGinnes as VP, yacht, as part an expansion of its marine business. 4 October 2016
Insurance
The chairman and CEO of TigerRisk Partners UK, John Goldsmith, is stepping down from his role, effective December 31. 3 October 2016
Insurance
Tokio Marine Kiln (TMK), a provider of specialist and corporate insurance, has appointed Kin Lau as head of regional liability and TMK’s Hong Kong office. 3 October 2016
Insurance
Castel Underwriting Agencies, a managing general agent (MGA) formation platform, has introduced a specialty division to support individual underwriters who have smaller books of niche business. 3 October 2016
Insurance
Specialty re/insurer Argo Group has appointed Jose Hernandez to lead the company’s international business, effective October 3. 30 September 2016
Insurance
Lucy Clarke, deputy chief executive officer (CEO) of JLT Specialty, has been appointed to the JLT Group executive committee. 27 September 2016
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