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Insurance
Insurer AXA has acquired a 51 percent stake in Colpatria Seguros, the insurance operations of Grupo Mercantil Colpatrio, in Colombia, for COP672 billion ($344 million). 7 April 2014
News
Brazilian reinsurer Terra Brasis has appointed Luiz Pestana as chief commercial officer and Paulo Hayakawa as chief underwriting officer, following a restructuring of the business. 7 April 2014
Insurance
The insurance arm of XL has launched an insurance solution specifically designed for fine dining and family restaurants in the US. 4 April 2014
Insurance
Re/insurance service provider Tawa has completed the demerger of its operating divisions into two independent groups and renamed what will become its primary operating unit Pro Insurance Solutions. 3 April 2014
Insurance
Specialty insurer Torus Insurance Holdings has appointed two new board members. The appointments follow the acquisition of the business by run-off specialist Enstar and private equity firm Stone Point Capital. 2 April 2014
Insurance
Global insurance group QBE has become the second big re/insurer to provide capacity to the world’s first Shariah-compliant MGA, Cobalt Underwriting. 28 March 2014
Insurance
XL Group will offer insurance programmes for sports and entertainment industries in a joint underwriting venture between its North America Programmes business and American Specialty Insurance & Risk Services. 12 March 2014
News
Generali Real Estate, a real estate company formed in 2012 by Italian insurer Generali, has appointed Christian Delaire as CEO. 12 March 2014
Insurance
XL Group has strengthened its marine team with the appointment of Bert Nelen as chief underwriting officer, Europe and Rod O’Malley as senior class underwriter, Cargo. 12 March 2014
Insurance
XL has promoted Joseph Tocco to chief executive of North American property and casualty. 28 February 2014
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