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Insurance
Direct Insurance London Market, the Lloyd’s division of specialist broker Direct Insurance Group, has reached agreement to take on Alwen Hough Johnson’s Latin American facultative business and hire two of its senior executives as it targets growth in that region.   22 August 2017
Insurance
Tokio Marine & Nichido Fire Insurance, a subsidiary of Tokio Marine Holdings, has established a representative office in Phnom Penh, Cambodia, as it looks to support the growing number of Japanese companies operating in the market.   22 August 2017
Insurance
Willis Towers Watson has hired a senior executive from Marsh USA into the role of corporate risk and broking market leader for its Metro DC/Chesapeake market.   22 August 2017
Insurance
Brit has hired Aspen Insurance’s vice president, primary casualty, to the role of senior vice president, excess casualty, its unit for Brit Global Specialty USA.   22 August 2017
Insurance
Ascot Group has formed a new standalone managing general agent (MGA) and hired two senior executives from WKFC Underwriting Managers, part of Ryan Specialty, including its CEO to run it.   22 August 2017
Insurance
Munich Re Syndicate at Lloyd’s said on Aug. 21 that it has introduced an insurance solution to cover cyber exposure for the independent oil and gas sector.   21 August 2017
Insurance
London-based re/insurance legacy specialist Compre said on Aug. 21 that it has acquired a further legacy portfolio from major Norwegian insurer Gjensidige Forsikring ASA (Gjensidige).   21 August 2017
Insurance
Opportunities in the US mortgage business have provided reinsurers with some respite from deteriorating business conditions in traditional property casualty (P&C) reinsurance lines, but margins are tightening, according to an S&P Global Ratings report.   21 August 2017
Insurance
Specialty re/insurer MS Amlin has announced that chief finance and operations officer Richard Hextall will be leaving the company at the end of September.   18 August 2017
Insurance
Specialist insurer Hiscox said Aug. 18 that it is including drone cover and optional personal cyber insurance to its home insurance product in the UK and Ireland.   18 August 2017

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