News

Insurance

Validus Holdings appoints reinsurance CEO as president

Bermuda-based Validus Holdings has named Kean Driscoll as the president of the company.   11 May 2017

Insurance

Chubb appoints new European leader

Property/casualty insurer Chubb has appointed David Furby to lead its European region following the retirement of Andrew Kendrick.   12 June 2018

Insurance

Zurich private clients head joins Munich Re-backed MGA UK General

Former Zurich executive Matthew Schofield has joined the senior management team of UK General Insurance as chief commercial officer, reporting to CEO Karen Beales.   19 June 2017

Insurance

Nexus strikes first of three M&A deals planned for 2018

Nexus Group has acquired Lloyd's coverholder and a specialist directors & officers and financial institutions (DOFI) MGA Apsley Specialty.   13 February 2018

Insurance

UK regulator proposes professional indemnity insurance change

The UK’s Solicitors Regulation Authority (SRA) is proposing to remove the current “one-size-fits-all” rules on professional indemnity insurance (PII), enabling firms “to take out cover that better reflects the work they do.”   26 March 2018

Insurance

TigerRisk hires ILS adviser to UK Chancellor

Reinsurance broker TigerRisk Partners has appointed Michael Wade, the Crown Representative for Insurance at the UK Cabinet Office and advisor to the Chancellor of the Exchequer on issues relating to Insurance Linked Securities (ILS).   5 September 2017

Alternative Risk Transfer

Florida start-up Heritage seeks ILS coverage

Heritage Property and Casualty Insurance, a Florida Citizens takeout insurer formed in 2012, is to use the insurance-linked securities (ILS) markets as a means of risk transfer for the first time.   1 April 2014

Insurance

AXIS grows reinsurance segment by 62% YOY in Q4

Bermuda-based AXIS grew gross premiums written in its reinsurance segment by 62 percent year on year in the fourth quarter of 2017 excluding the Novae acquisition.   8 February 2018

Insurance

Insurers can’t just patch up their businesses, claims start-up founder

The insurance market needs a new and fresh approach – it can’t just keep patching issues up, according to Tobias Taupitz, founder of insurtech start-up Laka.   27 September 2017

Reinsurance

A growing concern

Last year, Tony Ursano, chief executive officer, Willis Capital Markets and Advisory, gave a presentation at the Monte Carlo Rendez-Vous de Septembre conference in which he stated that 2010 would be a good year for M&A, but, asks II, was he right?   1 March 2010

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