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Belisle/Fredricks leave Markel CATCo after “undisclosed personal relationship” uncovered

Bermuda, North America21-01-2019Alternative Risk Transfer News, Insurance news, Reinsurance News

Markel CATCo, which has been conducting an internal review into its loss reserves in 2017, has parted company with two of its senior executives with immediate effect after it appears it discovered evidence of an “undisclosed personal relationship” in the course of the investigation.

Allianz replaces AGCS CFO, reshuffles leadership of operating entities

Europe18-01-2019Insurance news, Specialty

Germany’s Allianz has replaced the chief financial officer (CFO) of its commercial insurance arm Allianz Global Corporate & Specialty (AGCS) along with leadership changes at other operating entities.

AlphaCat strikes new ILS deal with Ledger Capital Markets

Bermuda, North America18-01-2019Alternative Risk Transfer News, Insurance news, Reinsurance News

AlphaCat Managers, AIG's third-party reinsurance capital management and insurance-linked securities (ILS) unit, has entered into an ILS transaction with Ledger Capital Markets.

Swiss Re appoints new chair at ReAssure ahead of IPO

UK18-01-2019Insurance news

Swiss Re has appointed Archie Kane as the new non-executive chairman of the board of its UK-based closed book business ReAssure.

Argo pegs Q4 2018 cat loss at $32m

Bermuda, North America18-01-2019Insurance news, Property cat, Reinsurance News

Bermuda specialty re/insurer Argo Group International Holdings has estimated preliminary pre-tax losses of $32 million related to 2018 fourth quarter catastrophic events, primarily driven by hurricane Michael and the California wildfires.

Sirius America unveils new partnership with Franklin Madison

Bermuda, North America18-01-2019Insurance news

Sirius America, a wholly owned subsidiary of Sirius International Insurance Corporation, has entered into a strategic partnership with Franklin Madison Group, an insurance marketing firm serving financial institutions.

BMA unveils executive board changes

Bermuda18-01-2019Insurance news, Reinsurance News

The Bermuda Monetary Authority (BMA) has appointed Jeremy Cox as its new executive chair for a three-year term, replacing Gerald Simons who is retiring as chair of the board.

Guy Carpenter restructures, reshuffles leadership post JLT deal

Europe, London, North America, UK17-01-2019Insurance news, Reinsurance News

Reinsurance broker Guy Carpenter & Company has unveiled a new global capital solutions group and several key leadership appointments, which will become effective after the closing of the JLT acquisition by its parent Marsh & McLennan Companies (MMC).

Berkshire Hathaway enters new market with SCOR, QBE, AXA XL hires

Ireland, UK17-01-2019Insurance news, Specialty

Berkshire Hathaway Specialty Insurance (BHSI) is expanding into the property construction insurance market in the UK and Ireland.

Washington bans NRA-branded insurance

North America17-01-2019Insurance news

Washington is following New York in banning the sale of insurance policies branded by the National Rifle Association (NRA) while fining two companies involved in underwriting and selling them in the state.

Showing 1 to 10 of 13199 results

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