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ArgoGlobal, a Lloyd’s insurer and member of Argo Group, has appointed Dominic Kirby to replace David Harris as managing director of Argo Managing Agency. 1 August 2017
Insurance
Lower than expected increases in claims costs as a result of changes to the Ogden discount rate boosted the results of UK insurer Direct Line in the first half of 2017. 1 August 2017
Insurance
Non-life insurance-linked securities (ILS) issuance reached a record breaking $6.3 billion in Q2 2017, continuing the trend from the first quarter of the year. ILS assets under management (AUM) also continue to grow alongside fierce competition from investors. 1 August 2017
Insurance
Marsh & McLennan Agency (MMA), the middle market agency subsidiary of Marsh, has appointed Bill Jeatran as president, and Christina Mott as chief operating officer. 1 August 2017
News
Greenlight Capital Re has appointed Hope Schefler Taitz to its board of directors as an independent director. The appointment increases the board size from eight directors to nine. 1 August 2017
Insurance
Ascot, Lloyd’s of London syndicate and a specialty insurance underwriter, has appointed Greg Wolyniec as head of global strategy. 28 July 2017
Insurance
Professional services firm Marsh & McLennan Companies increased revenue across its risk and insurance services in the second quarter of 2017, including reinsurance arm Guy Carpenter which grew 4 percent. 28 July 2017
Insurance
Private equity firm Oak Hill Capital Partners has acquired a "controlling equity position" in EPIC, a US retail property/casualty insurance brokerage and employee benefits consulting firm, from The Carlyle Group. 28 July 2017
Insurance
Arthur J Gallagher's revenue for the brokerage segment in the second quarter was $998.1 million, an increase from $939.1 million year-on-year. 28 July 2017
Insurance
Ratings agency S&P Global has lowered its long-term counterparty credit and senior unsecured debt ratings on Markel Corporation to 'BBB' from 'BBB+' following its recent M&A activity. The outlook is stable. 28 July 2017
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