News
Insurance
777 Re, a newly formed Bermuda-based reinsurance company, has completed a $307 million annuity block reinsurance transaction with an undisclosed US-based insurance company. 5 August 2019
Insurance
European legacy acquirer DARAG Group has signed a new portfolio transfer agreement with German re/insurer SOVAG. The legacy book comprises direct insurance and inwards reinsurance business. 5 August 2019
Insurance
Re/insurer Hudson Structured Capital Management (HSCM Bermuda) has appointed Jeff Sangster to the post of partner, chief financial officer (CFO) and head of strategy. 5 August 2019
Insurance
Risk management firm Gallagher Bassett (GB) is acquiring the assets of loss adjusting and claims management firm Adjusting Associates to further expand its size and offerings in the UK. 5 August 2019
Insurance
The underwriting division of GRP, which consists of seven niche and speciality line MGAs representing over £100 million in gross written premiums, is one of the newest members of the MGAA. The division’s chief executive officer Clive Nathan discusses why now is a good time for MGAs to flourish. 5 August 2019
Insurance
Managing general agents have been popular in the market recently, but what’s been driving this popularity? Intelligent Insurer speaks to a number of newly formed ventures to find out. 5 August 2019
Insurance
There has been a reshuffle at Marsh’s aviation practice with the exit of key team members and the impending arrival of an experienced insurance executive from Boeing. 2 August 2019
Insurance
AXA’s results for the first half of 2019 showed that the “strategy was paying off',' according to the French insurer’s CEO Thomas Buberl, as he called 2018 “a decisive year for the group’s transformation process”. 2 August 2019
Insurance
BGC Insurance Group (BGCI), a division of global brokerage firm BGC Partners which owns Ed and Besso, has appointed Mark Costin and Oyin Heath to join its newly-formed global aviation and space re/insurance broker as senior partners. 2 August 2019
Insurance
Property/casualty insurer Chubb has appointed Juan Luis Ortega as executive vice president, Chubb Group and president, overseas general insurance. 2 August 2019
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