News

Insurance

Aon appoints Australian MGA leader from Swiss Re

Broker Aon has appointed Adam Cox as the new director of One Underwriting to lead the company's Australian managing general agent (MGA) business.   20 March 2018

Insurance

JLT Re poaches Aon Benfield Asia CEO

Reinsurance broker JLT Re has hired Vinod Krishnan as CEO of Asia treaty business from Aon Benfield.   19 March 2018

Insurance

Liberty Specialty launches fine art unit in France with Hiscox hire

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has begun underwriting fine art and specie in France with the appointment of Stéphanie de Montricher as senior underwriter.   19 March 2018

Insurance

Fidelity National in $1.2bn Stewart Information acquisition

Fidelity National Financial has agreed to acquire title insurance company Stewart Information Services Corporation for an equity value of approximately $1.2 billion.   19 March 2018

Insurance

IGI combined ratio rises to 103% in 2017

United Arab Emirates-based International General Insurance Holdings (IGI) saw its combined ratio deteriorate to 103 percent in 2017, compared to 87.5 percent in 2016.   19 March 2018

Insurance

AmTrust posts $350m loss as it goes private

US specialty property/casualty insurer has posted a net loss of $348.9 million for 2017 after a net profit of $430.4 million in 2016 as the company prepares to go private.   19 March 2018

Insurance

Arch Capital appoints new CEO

Bermuda-based Arch Capital Group (ACGL) has promoted president and chief operating officer (COO) Marc Grandisson to the position of CEO, replacing Constantine Iordanou.   19 March 2018

Insurance

QBE reshuffles roles; CIO resigns

QBE Insurance is aligning its technology and transformation teams under one business unit within its Australian and New Zealand Operations (ANZO), resulting in the creation of new roles and the redundancy of a senior executive.   19 March 2018

Insurance

Pembroke’s GIC Syndicate April launch approved

Pembroke Managing Agency has been granted approval by Lloyd’s to establish and manage GIC Syndicate 1947, which has been cleared to underwrite business from April 1.   19 March 2018

Insurance

Talanx targets €850m profit in 2018

The Talanx Group, which includes Hannover Re, is aiming for a net income of around €850 million in 2018 and an increase in gross premiums (adjusted for currency effects) of more than 2.0 percent.   19 March 2018

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