Zurich taps Allied World exec for new MGA leadership role
Zurich Insurance has appointed Enrico Bertagna to the new role of head of managing general agents (MGA) network for commercial insurance.
LIIBA, LMG and IUA offer mixed reaction to Brexit whitepaper
The re/insurance industry has offered a mixed reaction to the publication of the UK Government's white paper on Brexit this week, with some commentators calling it a step in the right direction but others stressing that it does not resolve the key issue of contract continuity and doubt remains as to whether UK insurers will remain licenced to pay claims in a few EU countries without an agreement in place.
Japan flooding is deadliest catastrophe since Tohoku earthquake
Japan is enduring the deadliest natural catastrophe to hit the country since the 2011 Tohoku earthquake in the form of flooding, which is the worst since 1982.
Ascot poaches Navigators marine team to launch new unit
Bermuda-based specialist re/insurer Ascot Group has poached a US marine team from Navigators Group and launched a new US marine business on the back of this.
Chubb appoints new leader of European high net worth business
Property/casualty insurer Chubb has appointed Annmarie Camp as head of its European personal risk services division, based in London.
Lockton appoints former Willis exec to financial institutions team
Broker Lockton has expanded its financial institutions team with the appointment of Brian Horwell as a producer.
BMS boosts Australian team with senior hire from InterRISK
Specialist re/insurance broker BMS Group has appointed Danny Gluszkiewicz as a director of its Australian operations. He joins from InterRISK Australia.
MGAs need to bond with the ILS market: Chilton
The ILS capacity brings more efficient funding into the insurance market – and managing general agents (MGAs) must also take advantage of this, Grahame Chilton, CEO of Gallagher UK, told delegates at the MGAA 2018 conference in London today (July 12).
M&A party will continue – but latecomers may pay the price: Moody’s
Challenging market conditions mean the re/insurance industry is poised for yet more consolidation, but transactions will become more challenging because of the smaller pool of acquisition targets, Moody’s has claimed in a new report called ‘More M&A deals as firms seek to broaden depth, scale and market relevance’.
Ardonagh-owned Price Forbes taps JLT, Marsh, Miller execs
Specialist insurance broker Price Forbes, part of the Ardonagh Group of companies, has expanded its power, utility and construction team with four new appointments from JLT, Marsh and Miller.
