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Alternative Risk Transfer
Rick Montgomerie and Charlie Vaughan, the portfolio managers for Markel CATCo Investment Management’s Aquilo Fund, are leaving the company to establish a new investment manager and fund — Chard Re Investment Management. Elizabeth Simmons, the fund's underwriter, will also be leaving to join Chard Re, which is intended to launch January 1, 2020. 14 October 2019
Insurance
Developing problems with long-term care insurance have thrust General Electric (GE) and the wider long-term care industry into the spotlight, according to Erik Miller and Jason Hopper, associate directors with AM Best. 14 October 2019
Insurance
Combined Insurance, a provider of voluntary supplemental accident, disability, health and life insurance products, and a Chubb company, has made two new senior leadership appointments. 14 October 2019
Insurance
Global alternative investment firm Värde Partners and insurance solutions provider Agam Capital have formed a life and retirement solutions joint venture that will combine the investment management expertise of Värde Partners with the proprietary insurance solutions platform developed by Agam. 14 October 2019
Insurance
Fewer catastrophe losses in 2018, along with better underwriting performance by smaller mutuals, have led to better overall results for AM Best-rated US property/casualty (P/C) mutual insurers. 14 October 2019
Insurance
Insurers plan to divest 21.2 percent of their portfolios from fossil fuels over the next decade and to ramp up allocations to renewable energy to 10.6 percent over the same period, according to a new survey by Octopus Group, a group of ethically-minded financial services and energy supply businesses. 14 October 2019
News
PartnerRe has revealed that Nicolas Burnet will succeed Mario Bonaccorso as executive vice president and chief financial officer when he retires on March 31, 2020. 11 October 2019
News
Allianz Insurance has made three new appointments across its small and medium-sized enterprises (SME) and corporate partner team. 11 October 2019
News
Sedgwick has appointed two key people to its leadership team to support the ongoing growth of its UK operations. 11 October 2019
Insurance
Senior executives John Zern, CEO of health solutions and North America, commercial risk, and Cary Grace, CEO of retirement solutions and head of M&A integration, are leaving re/insurance broker Aon to pursue new opportunities. 11 October 2019
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