News

Insurance

Brit swoops for Navigators to grow US casualty unit

Specialty re/insurer Brit has appointed Mark Richards as senior vice president, general liability for Brit Global Specialty USA (BGSU). He joins from Navigators Group.   2 July 2018

Insurance

Re/insurers form innovative micro insurance incubator

A micro insurance consortium has been launched by a group of re/insurers and brokers to deliver risk protection to the underserved in developing countries.   23 January 2015

Insurance

Beale to step down from Lloyd’s at year end

Inga Beale, the chief executive of Lloyd’s, will step down at the end of the year after four years in the role, according to market sources.   29 June 2018

Insurance

Argo hires energy underwriter from Liberty

Argo International, the Lloyd’s insurer and member of Argo Group, has appointed Greg Walters as class underwriter for its onshore energy account. He will report to head of marine & energy Philip Thorpe-Apps.   1 April 2014

Insurance

Robots will transform motor insurance,but risk appetite might determine how fast

Driverless cars seem destined to redefine the landscape for motor re/insurers—the only question is how quickly. Intelligent Insurer assessed the views of insurance executives in an online survey.   24 January 2019

Insurance

Navigators seals workers’ compensation deal with Protective

Specialty insurance holding The Navigators Group and Protective Insurance have entered into a workers’ compensation underwriting partnership.   5 April 2018

Insurance

Sompo gets uplift from S&P

Standard & Poor’s Global Ratings has raised the assessment of  Sompo Holdings Group’s enterprise risk management (ERM) to “Strong” from “Adequate with strong risk controls”.   1 May 2018

Insurance

Jain promoted to expanded Berkshire Hathaway board of directors

Ajit Jain, widely regarded as the architect of the success of the reinsurance side of Berkshire Hathaway’s business for many years, has been given a seat on the board of directors of the whole company, filling the new role of vice chairman of the insurance division.   10 January 2018

Insurance

XL Catlin taps QBE exec to head cyber and technology, international

Re/insurer XL Catlin has appointed James Tuplin as head of cyber and technology for its international region, which excludes the US, Canada and Bermuda.   21 March 2017

Insurance

White Mountains in $388m NSM Insurance Group acquisition

Bermuda-based White Mountains Insurance Group has agreed to acquire a majority stake in NSM Insurance Group, a US-based specialty insurance programme administrator, for approximately $388 million.   3 April 2018

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