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Insurance
Cooper Gay has appointed Charles Gibbs, formerly of Marsh, as managing director of marine within the marine and aerospace division. 16 May 2014
Insurance
Broker Miller has strengthened its non-marine reinsurance team with the appointment of Tim Mullis to its accident and health treaty reinsurance business. 15 May 2014
Insurance
Dermot O’Donohoe, the chief executive of Torus, the specialty insurer recently acquired by Enstar, has resigned just six weeks after its takeover forcing a reshuffle of senior management. 15 May 2014
Insurance
Lloyd’s has secured new and improved trading rights in Poland, Denmark, Sweden, Colombia and the US state of Kentucky as part of its long term international strategy. 15 May 2014
Insurance
American International Group (AIG) has completed the sale of International Lease Finance Corporation (ILFC) to AerCap Holdings marking the last major disposition of AIG’s non-core assets. 15 May 2014
Insurance
Novae Group, the specialist Lloyd’s insurance group, enjoyed solid growth in the first three months of 2014 in what it described as a challenging rating environment as it targeted more speciality classes of business. 14 May 2014
Insurance
Catlin Group posted very healthy growth in the first quarter of 2014 driven by its reinsurance book and international operations. While its CEO warned on softening rates in catastrophe-exposed lines, he said some hardening was occurring elsewhere. 14 May 2014
Insurance
Brit enjoyed some growth in the first quarter of 2013 driven by its direct insurance business. Its reinsurance unit, in contrast, shrunk slightly in what its CEO admitted remain difficult market conditions in property lines in particular. 13 May 2014
News
Tokio Millennium Re, the reinsurance subsidiary of Tokio Marine, posted solid growth and profits in 2013 driven by its expansion into non-catastrophe business. Its CEO warned of a tough year ahead for reinsurance but said its recent move to Zurich should open doors in Europe. 13 May 2014
Insurance
Marine insurer Skuld and the board of managing agency Asta Syndicate have appointed Mike Bennett as active underwriter on Syndicate 1897, following his interim appointment in early March. 13 May 2014
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