The Lloyd’s market has recorded a £1.67 billion profit for the first six months of 2014, despite increasingly tough market conditions.
PartnerRe has launched an African reinsurance company dedicated to agricultural risk.
Insurance systems provider, Websure, has appointed Gareth Lewis and Adrian Mincher to the board.
SART Underwriting, a Lloyd’s coverholder based in Hong Kong, has strengthened its construction and power expertise with two hires.
Specialist insurer Markel International has appointed Leroy Almeida to head up its office in Dubai.
Allied World North America has added a new product to its ForceField suite of professional liability products.
ACE Group has strengthened its global client executive practice with a number of appointments.
ACE Group has appointed Iñigo de Górgolas as manager, accident and health (A&H) for Iberia, as it continues to strengthen its leadership team in Madrid.
Bermuda-based Catalina is set to acquire Danielson Indemnity Company, the holding company of two Californian insurers, from Covanta.
Lloyd’s re/insurance broker RFIB Group has appointed Martin Pyrke as deputy senior executive officer (SEO), Middle East.