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Insurance
Specialist Lloyd's insurer Novae's divisional head of casualty Bob Patten is leaving the company after two years. 24 March 2017
Insurance
AXA has promoted two executives, Josh Braverman and Steven Joenk, to assume new responsibilities in the company. 24 March 2017
Insurance
The Lloyd’s Market Association (LMA) has appointed five new members to its board with effect from May 17. 23 March 2017
Insurance
US-based global insurance broker AmWINS Group has appointed Perry Lyons as motor fleet underwriter for its London-based managing general agent (MGA) Unicorn Underwriting. 23 March 2017
Insurance
The brunt of an expected one-off reserve charge of approximately £5.8 billion due to the Ogden personal injury discount rate cut may be borne by reinsurance, according to market estimates. While reinsurers told Intelligent Insurer that they are adequately reserved they are preparing for material rate increases. 22 March 2017
Insurance
Dutch insurer Delta Lloyd expects to receive the regulatory approval for the company’s €2.5 billion takeover by its competitor NN Group in the second quarter of 2017 but warns on the risks of the deal. 22 March 2017
Insurance
Re/insurer XL Catlin has appointed Karl Fischbach as head of binding authority and brokerage for its excess and surplus (E&S) insurance operation. 22 March 2017
Insurance
Randall & Quilter (R&Q), the insurance services and investment company, has acquired two captive insurance firms, Linco and ICDC, both of which are in run-off. 22 March 2017
Insurance
The management of CFC, the largest independent managing general agent (MGA) in the UK, are to execute a management buyout of the business with the backing of private equity firm Vitruvian Partners. 22 March 2017
Insurance
Property/casualty insurer Liberty Mutual Insurance has signed a definitive agreement to acquire the assets of managing general agent (MGA) TRU Services, which specialises in medical stop loss cover to mid and large-size medical plan sponsors. 22 March 2017
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