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SOBC DARAG targets US expansion with new Bermuda hub; hires team from R&Q
Insurance
SOBC DARAG, a subsidiary of run-off specialist DARAG UK, has launched a new office in Bermuda with four senior hires from Randall & Quilter, in a move aimed at "significant expansion" in North America and on the island.   1 August 2019
Chaucer creates new head of underwriting role for Dublin-based company
Insurance
Specialty re/insurer Chaucer has appointed Jonathan Sutcliffe to the newly created role of head of underwriting at Chaucer Insurance Company DAC in Ireland, which trades as Chaucer Dublin.   31 July 2019
Gallagher acquires P&C broker Gillis, Ellis & Baker
Insurance
Broker Arthur J Gallagher has acquired US-based commercial retail property/casualty broker Gillis, Ellis & Baker.   31 July 2019
Alternative Risk Transfer
A flight to quality is underway in the insurance-linked securities (ILS) market, following disappointing performance in 2017 and 2018 according to a new survey by Intelligent Insurer’s sister publication Bermuda:Re+ILS.   31 July 2019
Insurance
Broker Willis Towers Watson has appointed Peter Foster as chairman of global FINEX cyber and cyber risk solutions.   30 July 2019
Insurance
AXA XL Insurance has appointed Simona Fumagalli as head of international financial lines, Europe, based in Milan.   30 July 2019
Insurance
Property/casualty insurer Chubb has appointed Janene Blizzard as vice president of accident and health for the UK and Ireland and its Eurasia and Africa region.   30 July 2019
Insurance
Re/insurer AXA XL has made three key appointments to its London reinsurance team from Hiscox and Greenlight.   29 July 2019
Alternative Risk Transfer
Hiscox has delivered profits in its results for the first six months of 2019 “despite a more challenging claims experience”, said Bronek Masojada, chief executive at the re/insurer.   29 July 2019
Insurance
Bermuda-based reinsurer PartnerRe enjoyed solid growth and improved non-life combined ratio in the second quarter of 2019. The results were driven by strong property/casualty performance and investment gains.   29 July 2019

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