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Insurance
Bermuda specialty re/insurer Argo Group International Holdings has rebranded its subsidiary Ariscom to ArgoGlobal Assicurazioni. Giovanni Tucci, who joined the business from Intesa Sanpaolo Assicura in April, will remain the managing director of the business. 5 June 2018
Insurance
Czech Republic-based reinsurer VIG Re, part of Vienna Insurance Group, has elected Peter Thirring as the new chairman of its supervisory board. 5 June 2018
Alternative Risk Transfer
Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies (MMC), has hired Shiv Kumar as president and global leader of GC Securities, capital markets. 5 June 2018
Insurance
Specialist credit and political risk insurance broker BPL Global has established a branch in Geneva through its French subsidiary. Philippine de Villèle will join from UBS to head the office. 4 June 2018
Alternative Risk Transfer
A continued glut of capacity dampened rate increases in the recent June 1 renewals for Florida property-cat business. While rates did increase by 1.2 percent, the first rise in seven years, pricing remains 40 percent down on 2012, according to a new report by JLT Re. 4 June 2018
Insurance
MassMutual International has completed its sale of 85.1 percent of MassMutual Japan - its wholly-owned life insurance and wealth management affiliate - to Osaka-based mutual life insurer Nippon Life. 1 June 2018
Alternative Risk Transfer
The first quarter of 2018 has seen record levels of growth in the ILS market. Intelligent ILS investigates. 31 May 2018
Insurance
American International Group (AIG) is carrying a “modest” $17m excess reserve cushion, the first redundancy since 2010, according to Morgan Stanley research. 31 May 2018
Insurance
Managing general agents (MGAs) remain a vital part of the rich tapestry of the London Market. In this report, we gathered the results of the 60 biggest MGAs in the London Market, examining their growing affinity with insurance and grilling a few on their outlook and plans for the coming years. 30 May 2018
Insurance
New Zealand-based Tower has been impacted by severe and unprecedented weather and a settlement of a Peak Re dispute resulting in a half year loss of NZ$11.6 million ($8.04 million) for the half year ended March 31, 2018 compared to a loss of NZ$8.2 million in the same period a year ago. 30 May 2018
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