News

Insurance

New money will chase harder rates but investors will exercise caution

Re/insurance Lounge panel discuss how they think investors will react to hardening rates.   15 September 2020

Insurance

European financial regulator warns on letter-box entities over Brexit relocation

The European Securities and Markets Authority (ESMA) has set out a principles rule book for the supervisory approach to company relocations from the UK as the country leaves the EU and stressed that special attention should be granted to avoid letter-box entities in the EU27.   1 June 2017

Insurance

Liberty Mutual places Lloyd's carrier Pembroke under "strategic review"

Property/casualty insurer Liberty Mutual Insurance is undertaking a strategic review of its London-based Pembroke Managing Agency, which came into its portfolio when it acquired lronshore in May 2017.   23 October 2018

Insurance

Fidelis attracts Hiscox Re exec to establish MGA partnership with Nexus

Bermuda-based specialty re/insurance provider Fidelis Insurance is expanding its niche specialty offerings by sponsoring Rob Ashton in his aspirations to establish an MGA (managing general agent) in partnership with Nexus.   2 May 2017

Insurance

UK commercial motor MGA launched with QBE hires

Volante Global, a new multi-class and multi-territory international managing general agent (MGA) platform, has launched commercial motor MGA Edison Motor while appointing Steven Dickie and Doug Ockwell as joint managing directors of the new operation.   18 January 2018

Insurance

TMK expects positive impact from rate rise on Lloyd’s syndicate results

The 2017 and 2018 year of accounts were impacted by significant catastrophe losses.   13 February 2020

Insurance

SchemeServe chief operating officer John Price departs

The company is looking to recruit a replacement and fill a number of additional roles in growth push.   13 February 2020

Insurance

Chaucer creates new head of underwriting role for Dublin-based company

Specialty re/insurer Chaucer has appointed Jonathan Sutcliffe to the newly created role of head of underwriting at Chaucer Insurance Company DAC in Ireland, which trades as Chaucer Dublin.   31 July 2019

Insurance

Blanc resigns as CEO EMEA of Zurich and chair of ABI after less than a year

Zurich Insurance Group’s CEO Europe, Middle East & Africa (EMEA) Amanda Blanc has resigned with immediate effect. She joined the group in October 2018 from AXA.   3 July 2019

Insurance

Gallagher acquires Allied Insurance Brokers and Ascinsure Specialty Risk in the US

Broker Arthur J Gallagher has acquired Pennsylvania-based Allied Insurance Brokers and its subsidiary Ascinsure Specialty Risk.   19 September 2019

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