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BHSI lures ACE and Zurich execs

North America02-10-2015Insurance News

Berkshire Hathaway Specialty Insurance (BHSI) has expanded its executive and professional lines leadership team with a number of appointments.

Morgan Stanley boosts insurance team

North America02-10-2015Insurance News

Morgan Stanley Investment Management has appointed Ryan Jaggers as head of North America insurance sales.

Lloyd’s broker Atlantic (UK) Brokers rebrands

Europe, London Market02-10-2015Insurance News

Atlantic (UK) Brokers, the Lloyd’s broker that specialises in international marine and energy, has rebranded as ATL Marine & Energy.

Protective to acquire $661m of insurance blocks from Genworth

North America02-10-2015Insurance News

Protective Life Insurance Company, a wholly owned US subsidiary of the Dai-ichi Life Insurance Company, has agreed to acquire blocks of insurance from Genworth Life and Annuity Insurance Company.

Zurich appoints North America global corporate CEO

Europe02-10-2015Insurance News

Insurer Zurich has appointed Paul Horgan as chief executive officer (CEO) of Zurich’s global corporate in North America (GCiNA) business.

Mercer acquires workforce metrics firm

North America02-10-2015Insurance News

Mercer, Marsh & McLennan’s (MMC) human resources consulting arm, has agreed to acquire Comptryx, a pay and workforce metrics business specialising in the technology sector.

JLT Specialty poaches another Marsh exec

Europe, London Market, North America02-10-2015Insurance News

JLT Specialty, the US subsidiary of re/insurance broker Jardine Lloyd Thompson Group (JLT), has appointed Charity O’Sullivan as senior vice president (SVP) in its Los Angeles office.

OIM Underwriting rebrands to Pen Underwriting

Europe, London Market02-10-2015Insurance News

Delegated authority specialist OIM Underwriting has joined forces with its sister business, rebranding to Pen Underwriting with immediate effect.

Slowing economy and liberalisation challenge China’s motor insurers

Asia Pacific01-10-2015Insurance News

The slowdown of the Chinese economy combined with price liberalisation in some provinces will mean the industry will face underwriting challenges in its core book of motor business, Moody’s has said in a report.

Lancashire-Novae tipped for bids in M&A frenzy

Asia Pacific, Europe, London Market01-10-2015Insurance News

The Lloyd’s market will likely see more mergers and acquisitions (M&A) activity as it heads into 2016, according to Haitong Research, which tips Lancashire and Novae as two companies likely to solicit interest from potential acquirers.

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