News
Insurance
Munich Re subsidiary ERGO Group has made several organisational changes and launched a new insurance unit as part of its strategic initiative aimed at expanding international business with corporate customers. 27 November 2017
Insurance
The US Department of the Treasury and the Office of the US Trade Representative intend to sign a bilateral agreement between the US and the UK on prudential measures regarding insurance and reinsurance (US-UK Covered Agreement) as the UK leaves the EU. 12 December 2018
Insurance
The National Flood Insurance Program (NFIP) run by FEMA could require emergency additional funding in the aftermath of flood losses in Texas as the high losses complicate its already perilous financial position. 29 August 2017
Insurance
Tom Rutter, chief executive officer of Sunderland Marine, is to retire on June 30 after nearly four decades with the company. 17 April 2018
Insurance
Specialist insurer Beazley has launched a new consortium at Lloyd’s of London to provide increased capacity for US wage & hour risks. 26 July 2018
Insurance
Risk Strategies Company, a privately broker and risk management firm, has acquired Benefits Network Insurance Agency (BNIA), a specialist broker focused on the development of employee benefits plans. 25 January 2018
Insurance
Azur, a managing digital agent (MGA), has completed its series B funding round, raising £13.3m of funding and support from AIG, Ascot Group (owned by CPPIB, the Canada Pension Plan Investment Board), Hyperion Insurance Group and the serial fintech angel and entrepreneur Richard Little. 23 October 2018
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
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