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Independent Lloyd’s broker AFL Insurance Brokers has launched a commercial marine division to be headed by Alex Mott, senior executive who previously managed the Ed/CGNB marine broking team as head broker. 13 March 2018
Insurance
DARAG Deutsche Versicherungs- und Rueckversicherungs-AG (DARAG), the run-off insurer, has raised €60 million of new capital which it says will be used to finance new acquisitions ahead of an expected increase in deal flow in the coming months. 24 April 2013
Insurance
Re/insurer XL Catlin, through its Catlin Singapore unit, is joining the InsurTech Asia Association as one of its founding members. 12 March 2018
Insurance
There is no point bemoaning the lack of a truly hard market, for the reality could be that the industry’s cycle has flattened out for the long term, says Gerry Tighe at Matrix Insurance & Reinsurance Brokers. 12 November 2018
Insurance
XL Catlin has appointed Joseph Laws and Michael McGowan as directors of M&A (mergers & acquisitions) Insurance in North America to capitalise on growing activity in 2017. 14 December 2016
Insurance
Liberty Specialty Markets (LSM), a part of Liberty Mutual Insurance, has appointed Bas Wijnhoven to the new role of senior underwriter – directors and officers (D&O) and crime for the Netherlands. 27 November 2017
Insurance
Property/casualty insurer The Hartford said on Oct. 2 that it expects to report cat losses of between $325 million and $375 million, before tax, for the third quarter of 2017. 2 October 2017
Insurance
Everest Re Group has hired Markus Heizmann to join Everest Reinsurance (Ireland) as head of its European credit and surety operations. 2 October 2017
Insurance
CNA Hardy, a specialist commercial insurance provider for clients within the Lloyd's market, has appointed Stuart Middleton as CEO of its Luxembourg subsidiary. 11 January 2018
Insurance
Parts of the US commercial insurance market are archaic and ripe for technology-driven change, with many players keen to embrace anything that makes their businesses more cost-efficient, Jason Keck, chief executive officer and co-founder of insurtech startup Broker Buddha, told PCI Today. 28 October 2018
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