Target Group, the financial services outsourcing and software provider, has appointed John Miles as product manager for insurance.
Guy Carpenter has released MetaRisk 7.3, the latest version of the firm’s risk and capital management decision-making tool.
CATCo Reinsurance Opportunities Fund, the reinsurance and retrocessional reinsurance fund, reported a solid performance in its portfolio in the six months of 2014 with no significant insured losses incurred on the portfolio.
Munich Re subsidiary ERGO Insurance Group has acquired Greek insurer ATE Insurance for €90.1 million from Piraeus Bank in a deal that makes it the largest property/casualty insurer in the market.
The chief executive of Catlin Group US’ underwriting hub will move to become CEO of its London hub during the first half of 2015.
Allied World Assurance Company has poached two executives from Arch to help it launch a property line for energy risks in the Canadian market.
The Talanx Group has said it remains on track to meet its 2014 target of a net profit of €700 million after posting its results for the first half of the year.
Generali has hired the former head of general insurance at Zurich in Brazil to run its own Brazilian insurance subsidiary.
Oxbridge Re, the reinsurer targeting the Gulf Coast region of the US which raised $26 million via an IPO earlier this year, has posted its first profits as it starts to establish a foothold in the market.
Finnish insurer Sampo has posted strong results as it benefitted from favourable market conditions in the Nordic region.