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Insurance
Pen Underwriting has appointed Jonathan Turner, currently executive chairman at the firm, to the role of chief executive following the departure of current managing director Mark Armitage who joins Arthur J Gallagher – the parent of Pen Underwriting. 17 January 2017
Insurance
Bermuda-based XL Group has said that it expects the UK’s Ogden rate change decision to cost the re/insurer around $75 million. 1 March 2017
Insurance
Lancashire Holdings has announced that it made a net operating profit of $30.9 million over the second quarter of 2017, an improvement over the $25.6 million it made in the same period of 2016. 27 July 2017
Insurance
Lloyd’s profitability review could act as a catalyst to turn rates in the marine market—but larger insurers not part of the market could find it harder to achieve rate increases because of wider client relationships, Adrian Poxon, head of global specialty reinsurance, Sompo International, told Baden-Baden Today. 22 October 2018
Insurance
Triton, the multi-disciplinary insurance sector outsourcer, has appointed John Davidson as delegated authority manager. 15 March 2016
Insurance
Channel Syndicate 2015 at Lloyd’s has made a series of appointments within the international and North American lines of its property direct and facultative (D&F) division, with Claudia Adkins named as its head. 1 September 2016
Insurance
Bermuda-based Enstar Group has entered into an agreement to sell its subsidiary Pavonia Holdings for $120 million to an undisclosed affiliate of Global Bankers Insurance Group, the re/insurance group of companies of Eli Global. 20 February 2017
Insurance
Broker Willis Towers Watson has appointed Scot Housh as regional lead for its corporate risk and broking (CRB) business in the Midwest, and Mark Vila to lead CRB for the greater Chicago market. 20 February 2017
Insurance
Specialty re/insurer Brit has appointed David Lim as the CEO of Brit Global Specialty Singapore with effect from May 15, 2017. 13 April 2017
Insurance
Mutual insurer London Victoria (LV=) recorded an 81 percent fall in operating profit for 2016 due to the UK's personal injury Ogden discount rate change. 13 April 2017
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