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Insurance
The board of directors of Brazil-based bank BTG Pactual, which launched insurance and reinsurance operations in 2013, has elected Persio Arida as executive chairman and John Huw Jenkins as vice chairman. 1 December 2015
Insurance
As capital optimisation becomes ever more important to insurers, reinsurers can benefit from a new platform being developed by UnipolRe designed to empower reinsurance buyers, Simon Wigzell, the firm’s underwriting manager, explains to Baden-Baden Today. 24 October 2017
Alternative Risk Transfer
Ukraine-based insurance company BROKBUSINESS, a strategic partner of Bermudian niche reinsurer Phoenix CRetro, has been awarded a licence from the National Bank of Ukraine to post collateral abroad as part of its retro reinsurance capacity provision. 22 September 2014
Insurance
Specialty re/insurer Brit has expanded the collateralised reinsurance capacity provided by Bermuda-domiciled special purpose insurer Versutus to support its North American property insurance portfolio. 9 March 2017
Insurance
US-based insurance exchange and specialty MGA MarketScout has expanded its national private client practice with the addition of Chris Hatt as managing executive. 3 May 2017
Insurance
QBE Insurance is aligning its technology and transformation teams under one business unit within its Australian and New Zealand Operations (ANZO), resulting in the creation of new roles and the redundancy of a senior executive. 19 March 2018
Insurance
Specialty insurer Markel Corporation has completed the acquisition of Houston-based SureTec Financial which offers contract and commercial surety bonds across 50 states in the US. 2 May 2017
Insurance
Property/casualty insurer Chubb has appointed Hannah Hosking and Steve Bear within its middle market independent broker segment. 2 October 2017
Insurance
Swizerland-based property and casualty re/insurer Allied World Assurance Company Holdings has included drones services to expand its risk management offerings. 21 April 2017
Awards
Large reinsurance buyers are increasingly replacing mid-tier reinsurers on their panels with collateralised coverage or larger ILS deals while also retaining more risk – but they are also forming closer and deeper relationships with their bigger reinsurance partners. 28 February 2014
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