News

Insurance

Gallagher appoints John Thompson as CEO of UK specialty and wholesale

Broker Gallagher has appointed John Thompson as chief executive officer (CEO) of the UK’s specialty London market and wholesale businesses.   8 April 2019

Insurance

TigerRisk adds Guy Carpenter MD Kevin Feldman as partner

Reinsurance broking and risk/capital management firm TigerRisk has appointed Guy Carpenter's Kevin Feldman as a partner.   8 April 2019

Insurance

Ariel Re swoops for Tokio Millennium Re hire to build marine & energy operations

Ariel Re, a subsidiary of Bermuda-based Argo Group, has hired its new head of marine and energy, reinsurance from Tokio Millennium Re.   8 April 2019

Insurance

Allianz appoints new regional underwriting manager from QBE

UK general insurer Allianz has appointed QBE's Jon Hesketh for its engineering, construction and power unit.   8 April 2019

Insurance

Boeing CEO Dennis Muilenburg admits ‘responsibility to eliminate risk’ of Mcas failure in 737 Max planes

Boeing has admitted that a failure in its Mcas anti stall system was a factor in the crash of two 737 Max planes as the aircraft manufacturer's CEO said “it’s our responsibility to eliminate this risk”.   5 April 2019

Alternative Risk Transfer

Hamilton Re secures $65m for sidecar Turing Re amidst "uncertain conditions" in ILS market

Hamilton Re, the re/insurance platform of Bermuda-based holding company Hamilton Insurance Group, has secured $65 million of collateralised capacity through its special purpose sidecar vehicle Turing Re.   5 April 2019

Insurance

Lloyd’s PPL hits 50,000 bind overs in ‘watershed moment’

Lloyd’s of London PPL board declared a “watershed moment” as it reported that more than 50,000 risks have been confirmed covered on the digital PPL system.   5 April 2019

Insurance

Munich Re US appoints former Hiscox exec Edelstein as specialty unit COO

Munich Reinsurance America, Munich Re's US property and casualty reinsurance subsidiary, has appointed former Hiscox executive Adam Edelstein as chief operating officer (COO) for Munich Re Specialty Insurance, a new commercial insurance unit in North America.   5 April 2019

Insurance

Starr appoints senior casualty leader to manage complex risks

Starr Insurance Companies has appointed senior vice president Carmella Capitano as head of primary general casualty-risk management and excess casualty.   5 April 2019

Reinsurance

Profile: AM Re Syndicate, a unique solution

AM Re Syndicate believes the US market is underserved by reinsurers. To solve this problem, the managing general agency is matching US primary carriers with security from Asia using quota share deals, to bring a very different offering to the market, as Intelligent Insurer reports.   4 April 2019

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