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UK-based insurance intermediary Towergate, part of the newly-formed Ardonagh Group, has launched Geo Specialty, a London MGA (managing general agent) business with a new team of market specialists. 1 August 2017
News
Losses at Greenlight Capital Re narrowed in the second quarter of 2017 driven mainly by better underwriting results despite the company noting it was evolving its underwriting strategy in what it called a very competitive underwriting environment. 1 August 2017
Insurance
ArgoGlobal, a Lloyd’s insurer and member of Argo Group, has appointed Dominic Kirby to replace David Harris as managing director of Argo Managing Agency. 1 August 2017
News
Continental Reinsurance has appointed Ajibola Olusanya Ogunshola and Emmanuel Brule as non-executive directors of the company. 14 December 2016
Insurance
Bermuda-based holding company Fidelis Insurance has promoted Ian Turner to the position of group chief actuary. 5 July 2017
Insurance
Property/casualty insurer Chubb has appointed Titus Samuel as the new head of power and utilities for Asia. 12 April 2017
Alternative Risk Transfer
End investors, ILS funds, and buyers – the three groups active in ILS – have predominantly weathered 2017 loss activity with a view that reinsurance products backed by ‘alternative’ capital have become mainstream, according to a new Global ILS Market Survey by Willis Towers Watson. 22 October 2018
News
Reinsurance broker and consultant JLT Re has hired David Edwards to expand its credit and political risk team. 3 July 2017
Insurance
US-based Ryan Specialty Group (RSG) is establishing RT Specialty Buffalo, New York office, a new wholesale brokerage unit, at the current location of acquired managing general agent (MGA) LoVullo Associates. 10 April 2017
News
Hannover Re has posted a profit for the third quarter despite large losses exceeding its budget in the third quarter of 2017 through an increase in investment income driven by the sale of its listed equity portfolio. 8 November 2017
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