News
Insurance
HDI Global Specialty SE, a new specialty lines insurer created from merging the specialty lines activities of Hannover Re and HDI Global, has recruited Martin Jackson as head of aviation and space, replacing Tim Slade. 20 May 2019
Insurance
Rating agency AM Best has revised the outlook of Bermuda-based reinsurer Third Point Re to negative from stable, expressing "concerns over the company’s business profile", its ability to make underwriting profits, and the recent changes in its senior management including the departure of its CEO Robert Bredahl. 17 May 2019
Insurance
Globe Underwriting, a UK based managing general agent (MGA), has hired Jennifer Mackay as head of North America property division. 16 May 2019
Insurance
Italian insurer enjoyed a big increase in its profit in the first quarter of 2019, though this was partly driven by disposals. Its GWP also show solid gains in all parts of the business. 16 May 2019
Insurance
There is increasing interest among insurers in getting contractors as well as developers to buy in to the inclusion of leak detection systems in building projects. Intelligent Insurer reports. 16 May 2019
Insurance
Lloyd's broker Bishopsgate, part of the Ardonagh Group, has appointed Jonathan Turnbull as its new chief executive officer (CEO), replacing Neil Pearce. The appointment is subject to regulatory approval. 15 May 2019
Insurance
Bermuda-based Aspen Insurance Holdings has made a series of key changes in its executive leadership team, as well as placed its UK-based MGA Aspen Risk Management (ARML) into run-off, and closed its Dublin office, in a move it hopes will strengthen the company's "competitive position" and enhance operational efficiency under Apollo's ownership. 15 May 2019
Insurance
The Lloyd’s Market Association (LMA) has appointed three new members to its board of directors for 2019, who will serve a term of three years. 15 May 2019
Insurance
Lloyd's insurer and member of Argo Group, ArgoGlobal, has hired TMK's Zachary Tan as accident and health underwriter to further expand its portfolio across Asia Pacific and the Middle East. 14 May 2019
Insurance
Third Point Reinsurance posted a record profit for a single quarter in the first quarter of 2019 as its CEO stressed its plans to focus on higher margin business going forward. 13 May 2019
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