Berkshire Hathaway Specialty Insurance (BHSI) has expanded its executive and professional lines leadership team with a number of appointments.
Morgan Stanley Investment Management has appointed Ryan Jaggers as head of North America insurance sales.
Atlantic (UK) Brokers, the Lloyd’s broker that specialises in international marine and energy, has rebranded as ATL Marine & Energy.
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.
Insurer Zurich has appointed Paul Horgan as chief executive officer (CEO) of Zurich’s global corporate in North America (GCiNA) business.
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, 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.
Delegated authority specialist OIM Underwriting has joined forces with its sister business, rebranding to Pen Underwriting with immediate effect.
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.
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.