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Insurance
Bahrein-based re/insurer Trust Re has appointed Fetooh Al Zayani and Kai-Uwe Schanz as independent non-executive directors for a three-year term. 6 June 2017
Insurance
Re/insurer QBE will establish a new subsidiary in Brussels, Belgium, to preserve its ability to operate across the European Union in the event of a loss of 'passporting' rights when the UK leaves the EU. 6 June 2017
Insurance
Asta, the Lloyd’s third party managing agent and specialist MGA investor, has announced that Dubai-based Arma Underwriting has received full approval from all regulators and commenced operations in May. 6 June 2017
Insurance
Hudson Structured Capital Management and HSCM Bermuda Management Company have appointed Jason Carne as an advisor to focus on valuation and reinsurance based in Bermuda. 6 June 2017
Insurance
New York-based property/casualty holding company AmTrust Financial Services has appointed Adam Karkowsky as executive vice president and chief financial officer. 5 June 2017
Insurance
RSA Insurance Group is planning to set up a new subsidiary entity in Luxembourg as the headquarters of its existing EU branches in Belgium, France, Germany, Spain and the Netherlands. 5 June 2017
Insurance
Hamilton Re, the Bermuda-based operations of Hamilton Insurance Group, has established its first special purpose vehicle Turing Re. 5 June 2017
Insurance
Reinsurance broker and consultant JLT Re (North America), a part of Jardine Lloyd Thompson Group, has appointed Tony Manzitto as executive vice president in Los Angeles, California. 5 June 2017
Insurance
US-based global insurance distributor AmWINS Group has completed the acquisition of wholesale brokerage firm Partners Specialty Group. The purchase price has not been disclosed. 5 June 2017
Insurance
Insurers exposed to UK liability business face big hikes in their reinsurance pricing and continued uncertainty as a result of recent changes made to the personal injury discount rate in the UK despite many having already reported sizable one-off reserve charges in recent result, according to AM Best. 5 June 2017
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