News

Insurance

Insurance veteran Steve McGill and Warburg Pincus launch specialty risk business

Insurance broking veteran of 40 years and former group president at Aon Steve McGill has partnered with global private equity firm Warburg Pincus to launch a specialty risk solutions business named McGill & Partners.   2 May 2019

Insurance

Canopius expands in Asia Pacific with new Australia office; hires Tokio Marine exec

Specialty re/insurer Canopius is launching a new office in Sydney, Australia as part of its strategy to expand in the Asia Pacific region.   30 April 2019

Insurance

SCOR’s Kessler sees ‘strong Q1 2019 results’ ahead of AGM

SCOR has enjoyed a “strong start” to 2019 according to Denis Kessler chairman and CEO as he unveiled the re/insurer’s Q1 results ahead of its annual general meeting today.   26 April 2019

Insurance

Tokio Marine to enter Myanmar general insurance market via JV with Grand Guardian

Tokio Marine Holdings is looking to enter Myanmar's general insurance market by forming a joint venture with Grand Guardian Insurance Holding Public Company (GGIH).   26 April 2019

Insurance

MS Amlin appoints new CFO from Old Mutual replacing Worth

Re/insurer MS Amlin has appointed Iain Pearce to replace John Worth as chief financial officer (CFO) who is leaving to pursue other interests outside the company.   26 April 2019

Insurance

Qatar Re appoints Michael van der Straaten as new CEO

Bermuda-based Qatar Re, a subsidiary of Qatar Insurance Company (QIC), has confirmed the appointment of Michael van der Straaten as its chief executive officer (CEO).   26 April 2019

Insurance

Marsh unveils commercial blockchain solution for proof of insurance in US

Broker Marsh is launching its proof of insurance blockchain platform, developed in collaboration with IBM, ACORD and ISN, for its US commercial clients.   26 April 2019

Insurance

Liberty Specialty Markets bolsters specialty binders team

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has made two promotions within its specialty binders team in London.   26 April 2019

Insurance

Cyber security readiness ‘stalls’ as attacks intensify, finds insurer Hiscox

Global cyber security has “stalled” despite a sharp rise in attacks and soaring costs from the fall out, according to the Hiscox Cyber Readiness Report 2019.   24 April 2019

Alternative Risk Transfer

Prudential closes $2.6bn longevity reinsurance deals in pre-Brexit rush

Prudential Retirement, a unit of Prudential Financial, has completed approximately $2.6 billion in previously undisclosed longevity reinsurance contracts, assuming the longevity risks of about 16,000 pensioners, ahead of Brexit.   24 April 2019

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