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Insurance
XL Catlin names new leader for NA global risk business
Re/insurer XL Catlin has promoted Jay Lefkowitz to president of its global risk management business in North America.   15 December 2017
Insurance
Skuld contingency reserve at record high
Marine insurance provider Skuld said that the contingency reserve reached a record high of $421 million in the first nine months of 2017, up 15.6 percent compared to the same period of 2016.   15 December 2017
Insurance
Aegon appoints new chairman of supervisory board
Netherland-based insurance group Aegon has elected William Connelly as the next chairman of its supervisory board as Robert Routs decided to step down at the next annual general meeting of shareholders (AGM) in May 2018.   15 December 2017
Insurance
Broker Network acquires Thompson & Richardson
UK’s network for independent insurance brokers is extending its regional footprint with the acquisition of Lincolnshire-based Thompson & Richardson.   13 December 2017
Alternative Risk Transfer
Brit forms collateralised reinsurance platform; adds former Axis Re CEO
Specialty re/insurer Brit is launching a new Bermuda-domiciled collateralised reinsurance platform, Sussex Capital, and has appointed former Axis Re CEO Jay Nichols to join its board.   13 December 2017
Insurance
Insurtech Quantemplate secures funds for expansion, appoints CEO
Insurtech firm Quantemplate has received £2.5 million of new capital to accelerate its expansion plans while appointing David Lundgren as CEO and board director.   12 December 2017
Insurance
Allianz extends partnership with Marmalade
German insurance giant Allianz has extended its cooperation with UK-based motor insurance provider Marmalade, turning Allianz Insurance into a telematics service provider for their young driver offering.   11 December 2017
Insurance
Brit moves Gibraltar reinsurer to Bermuda
Specialty re/insurer Brit is relocating its Gibraltar based reinsurer to Bermuda as part of its long-term strategy.   7 December 2017
Insurance
Carlou steps down as CEO of Patria Re
Ingrid Carlou, the CEO of Patria Re, has left the reinsurer with immediate effect, Intelligent Insurer can reveal.   4 December 2017
Insurance
CVS to acquire Aetna for $77bn, plans to cut costs
US drugstore operator CVS Health agreed to buy health insurer Aetna for a total value of $77 billion as it plans to push down costs.   4 December 2017

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