News

Alternative Risk Transfer

Mapfre taps Argo Lloyd’s underwriter for UK energy portfolio

Mapfre Global Risks, the unit of Spain’s insurance firm Mapfre that specialises in providing insurance solutions for multinationals, has appointed Kieran Wilson as energy underwriter as part of its international growth strategy in London.   9 August 2017

Insurance

Market M&A drives MGA growth as entrepreneurs form start-ups

The growing number of managing general agents (MGAs) in the UK insurance market is being driven by the continuing wave of insurer consolidation and entrepreneurial spirit of some underwriters wanting to start up their own businesses, according to The Managing General Agents’ Association’s (MGAA) Chairman, Charles Manchester.   12 July 2018

Insurance

RLI promotes chief financial officer

RLI, a specialty insurer serving property/casualty and surety markets, has promoted Thomas Brown to the position of senior vice president, chief financial officer.   16 May 2017

News

Africa’s Continental Reinsurance makes board changes

Continental Reinsurance has appointed Ajibola Olusanya Ogunshola and Emmanuel Brule as non-executive directors of the company.   14 December 2016

News

Swiss Re corporate solutions names global claims head

Swiss Re corporate solutions has appointed Jim George to the role of global head of claims. He succeeds Nicola Parton, who is now the head primary lead strategy and client engagement.   15 February 2017

Insurance

Allied World hires former Munich Re exec in Australia

Allied World Assurance Company has appointed Karsten Buescher as assistant vice president of onshore construction in Australia.   15 February 2017

Insurance

Irish central bank fines PartnerRe for overstated solvency positions

The Central Bank of Ireland has fined PartnerRe Ireland Insurance and Partner Reinsurance Europe a combined €1.5 million.   22 August 2018

Alternative Risk Transfer

Neon poaches Argo reinsurance, alternative capital director Gibson

Specialist Lloyd's insurer Neon has hired Mark Gibson as reinsurance and alternative capital director, reporting to managing director Ian Martin.   11 July 2017

Insurance

Sompo Canopius boosts credit, political risk with Deutsche Bank hire

Specialty re/insurer Sompo Canopius has appointed Tim Phillips as credit and political risk underwriter.   11 July 2017

Insurance

Lloyd’s $4.5bn nat cat loss set to widen with Hurricane Maria

The Lloyds loss disclosure of $4.5 billion from Hurricane’s Harvey and Irma leaves open a possibility for another large loss estimate for Maria, Credit Suisse analysts said in a Sept. 28 note.   29 September 2017

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