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Insurance
Copenhagen-based specialty non-life insurer Gefion has closed a private placement of €10 million Solvency II-compliant subordinated notes, with funds managed by Fermat Capital Management. 25 July 2017
Insurance
Deanna Mulligan, the CEO of Guardian Life Insurance Company of America, has stepped down from the board of directors of Arch Capital Group. 27 February 2017
Insurance
Insurer Chubb has appointed Lou Capparelli as executive vice president of its global casualty business unit within the company's North America major accounts division. 13 September 2017
Insurance
The UK government has recognised that the London Market does need to see significant changes to the EU equivalence regime but there are no equivalence frameworks for insurers under Solvency II or for brokers under the Insurance Distribution Directive, said Clare Lebecq, CEO of the London Market Group (LMG). 5 December 2018
Insurance
Swiss Re has significantly increased its earnings in the P&C reinsurance business in the first half of 2018 due to a “strong” underwriting performance supported by a benign large loss experience. 3 August 2018
Insurance
Specialist insurer Markel International has appointed Monica Novella as assistant cargo underwriter in its marine, energy and property business. 21 March 2017
Insurance
Broker Willis Towers Watson said on Oct. 26 that the European Commission (EC) in October 2017 initiated investigation proceedings in respect of a suspected infringement of EU competition rules involving several broking firms, including the company’s principal UK broking subsidiary and one of its parent entities. 27 October 2017
Insurance
Specialty insurer Markel said in its third-quarter 2017 results report that after the end of the reported period northern California sustained losses from several wildfires, which the company estimates to result in net incurred losses of between $40 million and $80 million before income taxes. 27 October 2017
article
Specialty managing general agent (MGA) Nexus Group has completed the acquisition of Altitude Risk Partners from the club-style MGA formation platform Castel Underwriting Agencies via an asset purchase. 10 September 2018
Insurance
A single claims agreement party model has been launched aiming to simplify how claims within the London market are handled. 1 February 2018
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