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Germany-based insurance broker for the maritime industry Junge & Co, a fully owned subsidiary of Ed Broking Group, has appointed Olaf Fölsch as CEO. 15 June 2017
Insurance
Jardine Lloyd Thompson Capital Markets (JLTCM), a part of reinsurance brokerage firm JLT Re, has announce the completion of another private placement catastrophe bond, Oak Leaf Re 2017-1, which closed at $54.0 million. 15 June 2017
Insurance
Hiscox enjoyed strong growth in most parts of its portfolio in the first nine months of the year as it noted hardening rates – reaching up to 50 percent in loss-affected US property business – boosted the business. 7 November 2017
Insurance
Hurricane Maria took direct aim at Puerto Rico on Wednesday, Sept. 20, thrashing some islands already left in ruins by Hurricane Irma, and razing areas that had previously escaped damage, according to catastrophe modelling firm AIR Worldwide. 21 September 2017
Insurance
Ropner Insurance Services, a Lloyd’s and London Market broker, has appointed six new brokers as part of its ongoing expansion. 30 May 2016
Insurance
Insurance software solutions provider Fadata as acquired Munich-based insurance technology specialist IMPEO, along with its subsidiaries. 2 August 2017
News
Munich Re and Hannover Re have embraced low margin, low volatility growth with a low Solvency II capital cost in 2018, while peers such as SCOR steer clear due to the high S&P rating capital cost, according to Jefferies analysts. 27 September 2018
Insurance
Lloyd's of London has appointed The Zygos Partnership, an executive search firm specialising in finding chairmen, to assist in finding a successor to John Nelson, its current chairman. 13 June 2016
Insurance
Bermuda-based specialist insurer Hiscox has seen its pre-tax profit halve in the first six months of 2017 as foreign exchange rates impacted results. 31 July 2017
Insurance
Investment manager Hudson Structured Capital Management has invested $20.1 million in preferred shares in a reinsurance vehicle that will assume $35.3 million of seasoned workers’ compensation liabilities. 6 June 2017
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