News

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

Insurance

Lloyd's broker Matrix strikes strategic partnership with Howden

Matrix, an insurance and reinsurance broker at Lloyd's, has entered into a strategic partnership with Howden Broking Group, following the completion of its acquisition of Greece-based Piraeus Insurance Brokers.   4 April 2019

Insurance

Beach adds Marsh and Miller execs to London wholesale practice

Re/insurance broking and advisory firm Beach & Associates hired Marsh and Miller executives to expand its wholesale operation in London.   2 April 2019

Insurance

Nexus Group buys Capital Risks MGA

Independent specialty Managing General Agent (MGA) Nexus Group (Nexus) has acquired Capital Risks MGA (CRM), a London based warranty and indemnity MGA.   2 April 2019

Insurance

Global reinsurer and specialty broker Ed recruits Abhishek Chhajer from Standard Chartered Bank

Global reinsurance, wholesale and specialty broker Ed has lured Abhishek Chhajer to the company to be head of credit, political risks and surety solutions, Asia Pacific.   1 April 2019

Insurance

Nexus’ Xenia Broking Group acquires Credit & Business Finance

The newly formed independent broking arm of Nexus Group, called Xenia Broking Group, has acquired specialist trade credit broker Credit & Business Finance (CBF).   1 April 2019

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