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Insurance
Pool Re, a UK mutual commercial reinsurer whose members include insurers and Lloyd’s syndicates, has appointed Tracey Paul to the newly-created role of chief strategy and communications officer. 3 July 2018
Insurance
Independent Lloyd's broker AFL Insurance Brokers has acquired a controlling stake in specialist employer protection managing general agency (MGA) Concordia Employment Services (Concordia). 3 July 2018
Insurance
London-based Castel Underwriting Agencies, a managing general agent (MGA) formation platform, has appointed Bob Cowdell as its first independent non-executive chairman. 2 July 2018
Insurance
Insurance broker Brown & Brown has acquired US-based Health Special Risk (HSR), a provider of third-party administration (TPA) and managing general underwriting (MGU) services for special risk and accident & health insurance. 2 July 2018
Insurance
Momentum for rate increases on loss-free reinsurance accounts dissipated during the June/July property catastrophe renewals, and in some cases, pricing declined, according to Willis Re. 2 July 2018
Insurance
McLarens, a global loss adjuster specialising in complex, commercial and niche markets, has expanded its Asia Pacific footprint with the opening of a new office in Kuala Lumpur, Malaysia. 2 July 2018
Insurance
Specialty re/insurer Brit has appointed Mark Richards as senior vice president, general liability for Brit Global Specialty USA (BGSU). He joins from Navigators Group. 2 July 2018
Insurance
Insurance group Ageas has received the approval of the National Bank of Belgium (NBB) to organise and operate reinsurance activities. 2 July 2018
Insurance
Digit Insurance is buying a 100 percent stake in Indian private reinsurance company ITI Reinsurance (ITI Re) for about INR 500 crore ($72.8million), according to an Economic Times report citing “a person familiar with the deal.” 2 July 2018
Insurance
When she took the reins in January 2014, Lloyd’s CEO Inga Beale became the first woman to head the 330-year old market for specialist insurance in London. She is stepping down while the modernisation process is very much a work in progress – a decision she has called tough – though most market participants credit her with having moved the market forward in a positive direction. 29 June 2018
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