News

Insurance

Pickel to succeed Wallin as E+S Rück CEO

Hannover Re Group has revealed that Michael Pickel will succeed Ulrich Wallin as chief executive officer (CEO) of its German reinsurance subsidiary E+S Rück.   23 October 2018

Insurance

Mercer appoints CEO of new digital business

Mercer, a subsidiary of Marsh & McLennan Companies, has appointed Rohit Mehrotra as new chief executive officer (CEO) of Mercer Digital, the firm's new business covering digital solutions.   20 July 2017

Insurance

IAG poaches Aon Benfield exec for reinsurance manager role

IAG, the multinational insurance company, has appointed Scott Grove as group general manager, reinsurance.   9 February 2016

Insurance

Insurtech OnRisk forms strategic alliance with Lloyd's broker AFL

US-based insurtech startup OnRisk has formed a strategic partnership with independent Lloyd's broker AFL to develop new technology for structuring and placing property & casualty (P&C) risk.   10 July 2018

Insurance

Lebanese Insurance Industry hit by rising political uncertainty: AM Best

Although Lebanese insurers are accustomed to operating in a challenging economic environment, an accelerating decline in investor confidence and US dollar cash-flow constraints create further risks for insurers with fixed costs in US dollars.   4 November 2019

Insurance

Castel Specialty secures new Lloyd’s binder capacity

Castel Bloodstock, part of Castel Specialty, has secured a new binder with Lloyd’s capacity provided by Canopius Syndicate 4444 and AEGIS Syndicate 1225.   8 March 2018

Insurance

Start-up MGA Tansar partners on new platform

Transactor Global Solutions (TGSL), an insurance software provider, has formed a partnership with Tansar, a start-up managing general agent (MGA).   1 August 2016

Insurance

United expands catastrophe reinsurance tower to $4bn

Florida-based property and casualty insurance company United Insurance Holdings (UPC) has renewed its catastrophe reinsurance programmes, taking its total limit to $4 billion.   5 June 2019

Insurance

Fairfax acquires New Zealand’s Tower Insurance in all-cash deal

Canada-based Fairfax Financial Holdings, a property and casualty re/insurer, has agreed to acquire New Zealand-based general insurer Tower for an all-cash deal.   9 February 2017

News

AM Best forecasts more M&As in Commonwealth Independent States

Insurers working across the Commonwealth Independent States (CIS) of former Soviet Russia can expect to see further consolidation in their sector, according to the latest special report from AM Best.   29 January 2019

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