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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
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
EmergIn Risk, part of the Ryan Specialty Group family and a series of RSG Underwriting Managers, has recruited David Overton as director of sales and Ryan Kratz as underwriter-cyber. EmergIn has also opened its new Miami office. 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
The International General Insurance Holdings Company (IGI) has confirmed a deal with Tiberius Acquisitions Corporation, a publicly traded special purpose acquisition company, that will result in the public listing of IGI on the Nasdaq Capital Market under the symbol ‘IGIC’. 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
Insurance
Bermuda-based AXIS Capital Holdings has unveiled a preliminary pre-tax loss estimate for Hurricane Dorian, Japanese typhoons and other weather-related events in the range of $150 million to $175 million, net of reinsurance and retrocessional recoveries. 11 October 2019
Insurance
HDI Global Specialty SE, a joint venture of Hannover Re and HDI Global SE, has appointed Simon Hunt as director of finance and operations. 11 October 2019
Insurance
Thames Underwriting, a niche construction and commercial lines MGA, has established a new office in London with the appointment of four senior underwriters from Munich Re, MS Amlin, Pen Underwriting and Coast Underwriting. 11 October 2019
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