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Insurance
Insurers based in the UK are creating new entities in the EU to ensure access to the market after Brexit, but the move is set to involve low numbers of staff, Standard & Poor’s suggested in a May 16 briefing in London. 17 May 2017
Insurance
Argenta Underwriting Asia (AUA), the Singaporean subsidiary of Argenta Holdings, has appointed Ian Picton as energy underwriter for Asia Pacific, effective at the end of August. 27 July 2016
Insurance
Ethos Specialty Insurance Services, the US managing general agency and a subsidiary of Ascot Group, has appointed Michael Carr as head of property. 9 January 2018
Insurance
Billionaire investor Carl Icahn disclosed a 9.38 percent stake in insurer AmTrust Financial Services and said in a letter to the insurer’s board that he strongly opposed the going-private deal. 18 May 2018
Insurance
Jacob Scherer, Jr., chief insurance officer and executive vice president of property/casualty insurance group The Cincinnati Insurance Company, is to retire in August 2019. 21 August 2018
Alternative Risk Transfer
Specialist Lloyd's insurer Neon has unveiled the first insurance-linked securities (ILS) vehicle to be formed in the UK and completed a $72 million collateralised quota share reinsurance transaction that will underwrite a portion of its syndicate’s business. 3 January 2018
Insurance
Global loss adjusting firm McLarens has promoted Susan Froman to senior vice president, business development – The Americas. 25 January 2018
Insurance
Risk management service provider Assurant has expanded its SureDeposit product, an alternative to security deposits, to commercial property owners, management companies and their tenants. 16 March 2018
Insurance
Specialty re/insurer MS Amlin has partnered with London-based insurtech start-up Cytora to deploy artificial intelligence (AI) into the commercial underwriting processes. 20 June 2018
Insurance
Hedge fund-backed Greenlight Capital Re reported a loss for the first quarter of 2018 driven by investments. 1 May 2018
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