S&P lifts Lloyd's outlook as capital position and underwriting performance improves
S&P Global Ratings has revised the outlook of Lloyd's of London and its core subsidiaries to stable from negative, following changes made by the specialist re/insurance market to improve its overall underwriting performance.
Willis-backed insurtech Innovisk launches M&A MGA Themis
Innovisk Capital Partners, a London-based global insurtech start-up, has unveiled a new underwriting agency, called Themis, focussing on the provision of mergers and acquisitions (M&A) insurance solutions.
LIIBA adds Price Forbes and Lonmar CEOs to board
The London and International Insurance Brokers’ Association (LIIBA) has appointed James Masterton, chief executive officer of Price Forbes, and David Pexton, chief executive officer of Lonmar Global Risks, to its board.
MS Amlin hires RSA marine expert Vogiatzidou for Dubai operations
Re/insurer MS Amlin has appointed Mary Vogiatzidou as senior marine underwriter in its Dubai operations.
Brazilian reinsurers Austral Re and Terra Brasis Re to merge
Brazilian reinsurers Austral Re and Terra Brasis Re have signed an investment agreement to merge their operations in order to create the second-largest domestic reinsurer in the vast South American country.
Lloyd’s Asia, Antares launch IP insurance initiative in Singapore
Specialist insurance market Lloyd’s Asia and managing agent Antares have teamed up with the Intellectual Property Office of Singapore (IPOS) to launch an initiative to support innovative enterprises as they enter global markets.
Helios to buy Lloyd's Nameco for £2m; raises £1.15m through placing of shares
Lloyd's private capacity provider Helios Underwriting has entered into an agreement to acquire the entire issued share capital of Nameco 1113, a limited liability member of Lloyd’s, from its owner Nigel Hanbury for just over £2 million.
Enstar appoints XL Catlin's Myron Hendry to board
Bermuda-based re/insurer and run-off specialist Enstar Group has appointed Myron Hendry to its board as a class II director, effective July 1.
EC3 Brokers creates new treaty leadership role in Dubai for Munich Re's Calfa
EC3 Brokers MEA has appointed Serge Calfa to the newly-created role of regional director of treaty. Based in Dubai, Calfa joins from Munich Re.
Sedgwick names Wayne Cheng as chief operations officer for Asia
Technology-driven risk solutions provider Sedgwick has named Wayne Cheng its new chief operations officer (COO) for Asia.
