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Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Alexandra Paton as head of Continental Europe for global financial risks (GFR). 6 April 2017
Insurance
Channel Insurance Brokers (CIB), part of the PIB Insurance Group, has appointed Tony De Sousa to its board of directors, effectively immediately. 5 October 2016
Insurance
The use of merger and acquisition insurance and related products has become prevalent in Europe and the US, driven by its ability to reduce deal negotiations and transfer uncertainty, as David De Berry of Concord Specialty Risk and Tim Martin of Hunter George & Partners tell Intelligent Insurer. 29 October 2018
Insurance
US-based Hartford Financial Services Group has entered into a definitive agreement to acquire global specialty insurance holding The Navigators Group in an all-cash transaction of approximately $2.1 billion. 22 August 2018
Insurance
Insurance premiums generated by emerging insurtech services will exceed $400 billion by 2023, up from an estimated $187 billion in 2018, according to a study by Juniper Research. 22 August 2018
Insurance
It looks increasingly likely that the much-anticipated deal between Ace and fund manager BlackRock will copy the sidecar-type arrangement used by so many reinsurers and ultimately generate fee income for Ace by underwriting third party risks – as opposed to the vehicle insuring Ace’s business only. 5 March 2015
Insurance
Commercial insurer RSA has appointed Jeroen den Tex as commercial director, Europe, responsible for developing the sales, marketing and distribution strategy across RSA’s five European operations, Nordic Hull and the Dubai International Financial Centre (DIFC). 31 October 2017
Insurance
In a softening market, it is detrimental for both sides to take out a multi-year contract, according a senior reinsurance buyer. 10 March 2015
Insurance
Lloyd’s insurance broker and coverholder Shepherd Compello has appointed Steve Hart as divisional director responsible for delegated authority business, as the company looks to grow in its specialist markets. 2 February 2017
Insurance
Private equity firm KKR and Canada-based Caisse de dépôt et placement du Québec (CDPQ) are set to acquire US insurance brokerage and consulting firm USI Insurance Services. 17 March 2017
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