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Insurance
Banco Sabadell has expanded its joint venture with Zurich so that the multinational once again becomes the bank’s sole partner in the sale of life assurance, general insurance and pension plans in Spain. 21 May 2014
Insurance
Argo Group has appointed Axel Schmidt, formerly of Aviva, to the role of group chief underwriting officer (CUO) following Andrew Carrier’s resignation. Carrier will leave Argo this summer. 20 May 2014
News
Bermuda-based Everest Re has appointed Gerri Losquadro to its board of directors. Losquadro recently retired as senior vice president and head of global business services at Marsh & McLennan Companies. 19 May 2014
Insurance
Zurich Insurance Group enjoyed a 20 percent rise in net profits on the back of a small rise in revenues in the first quarter of 2014 as it started to implement a strategic programme designed to streamline the business. 15 May 2014
Insurance
Dermot O’Donohoe, the chief executive of Torus, the specialty insurer recently acquired by Enstar, has resigned just six weeks after its takeover forcing a reshuffle of senior management. 15 May 2014
News
Qatar Re, a subsidiary of Qatar Insurance Company, has appointed Andrew Deighton as its global head of claims. In addition, Michael Roth and Marc Tueller were promoted to head of international property catastrophe and head of agriculture, respectively. 13 May 2014
News
Tokio Millennium Re, the reinsurance subsidiary of Tokio Marine, posted solid growth and profits in 2013 driven by its expansion into non-catastrophe business. Its CEO warned of a tough year ahead for reinsurance but said its recent move to Zurich should open doors in Europe. 13 May 2014
Insurance
Novae Group, the specialist listed Lloyd’s insurer, has further strengthened its agriculture reinsurance team, headed by Clive Hardy and senior treaty underwriter Hanne Wagner, with four new hires. 8 May 2014
Insurance
Insurer QBE has appointed David Hall, formerly a managing director at Aviva, as managing director of its retail division. 6 May 2014
Insurance
Commercial insurance underwriting agency, APC has launched a dedicated professional indemnity (PI) underwriting team and an expanded professional indemnity portfolio of products. 2 May 2014
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