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Elseco, the fintech specialty insurance underwriting platform headquartered at the Dubai International Financial Centre (DIFC), has expanded its aviation capabilities and book of business with the appointment of Olivier Marre. 10 July 2017
Alternative Risk Transfer
Italian insurer Assicurazioni Generali said on July 10 that it returned to the insurance -linked securities (ILS) market with a €200 million cat bond on floods and windstorms in Europe and earthquakes in Italy. 10 July 2017
Insurance
AXIS Capital’s acquisition of Novae Group defies critics that believe that the London Market has become overly expensive and unattractive. 6 July 2017
Insurance
Cost cuts have offset low interest rates and declining premium volumes on legacy portfolios, stabilizing profitability of Dutch life insurers, according to Fitch Ratings. 6 July 2017
Insurance
Marine insurance provider Skuld has appointed Simone Ingeberg as the new head of Skuld Oslo 1, the larger of its two Oslo business units. 5 July 2017
Insurance
The Managing General Agents’ Association (MGAA) has unveiled new strategic plans which include advising its members on Brexit and new annual sponsors at its third annual conference taking place in London today (Tuesday July 4). 4 July 2017
News
Reinsurance broker and consultant JLT Re has hired David Edwards to expand its credit and political risk team. 3 July 2017
Insurance
Lloyd’s has appointed Hiscox non-executive chairman Robert Childs to the position of deputy chairman. 3 July 2017
Insurance
Specialist Lloyd’s broker Price Forbes Holdings said July 3 that it is entering the Chilean market by acquiring an equity interest in reinsurance broker Cooper Gay Chile. 3 July 2017
Insurance
ArgoGlobal has announced that it will serve as a gold sponsor of the Managing General Agents’ Association (MGAA), as it looks to grow its MGA network particularly in SME and niche specialty sectors. 3 July 2017
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