News
Insurance
Specialist insurer Tokio Marine Kiln (TMK) has established a $100 million intellectual property (IP) facility with broker Aon and several other Lloyd’s syndicates. 3 July 2018
Insurance
Insurtech Bought By Many has closed a £15m Series B funding round led by CommerzVentures, the corporate venture capital arm of Germany’s Commerzbank with participation of insurance broker Marsh. 3 July 2018
Insurance
Zurich Insurance Group has appointed Mark Peters as the new head of Oak Underwriting, a UK-based high net-worth insurance specialist, which it acquired from RSA Insurance. 3 July 2018
Insurance
The Caribbean Catastrophe Risk Insurance Facility (CCRIF), a multi-risk insurance pool designed to protect the region, has appointed a new chairman for a three-year term. 3 July 2018
Insurance
Hive Aero, a new managing general agency (MGA) specialising in aviation hull war insurance, has appointed Will Gaunt as class underwriter. 3 July 2018
Insurance
Allianz has revealed plans to buy back some €1 billion in shares in a move that reflects the tough market conditions in many of its sectors and also suggest it will not be seeking any large acquisitions. 3 July 2018
Insurance
Brokerslink, a global network of independent brokers, has appointed Anne Collette as director of business operations to further strengthen its global broking operational capabilities and network. 2 July 2018
Alternative Risk Transfer
Sponsors and investors showed continued interest in ILS last year, with record-breaking issuance and over $12 billion of new capital brought to market, and the Bermuda Stock Exchange reinforced its position as the ILS listing venue of choice, as BSX president and CEO, and chairman of ILS Bermuda, Greg Wojciechowski explains. 28 June 2018
Insurance
Grahame ‘Chily’ Chilton, the founding partner of Capsicum Re, is rejoining the specialist reinsurance broker later this year and step down from his role as UK chief executive officer (CEO) of Arthur J Gallagher. 21 June 2018
Insurance
UK insurance intermediary Ardonagh Group has appointed Diane Cougill as chief financial officer (CFO) and Sarah Dalgarno as chief risk officer (CRO). 20 June 2018
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