News

Insurance

IGIH reports 24 percent in profits

Dubai’s International General Insurance Holdings (IGIH) reported a 24 percent increase in profits of $31.3 million in 2013 compared with $25.3 in 2012.   18 March 2014

Insurance

Willis mulls Central Asian market growth with new Kazakhstan operation

Broker Willis Towers Watson has opened a new re/insurance operation in Kazakhstan to expand its presence in what it recognises as the "key Central Asian growth market".   14 November 2018

Insurance

AIG in $2.5bn debt raise as it acquires Validus

American International Group (AIG) is raising $2.5 billion in debt as it prepares the funding for the acquisition of Bermuda-based Validus Holdings.   22 March 2018

Reinsurance

Leading from the front

Reinsurance regulatory modernisation is essential, and the US should step up to the plate, says Tracey Laws, senior vice president and general counsel of the Reinsurance Association of America.   1 May 2015

Insurance

New MGA Pyrrhic Re launches in London

Firm said it is 'here for the long-term' despite name choice.   20 November 2019

Insurance

Nexus hires Beazley exec for senior underwriter role

Specialist trade insurance underwriter Nexus Credit Indemnity & Financial Services (CIFS), part of independent specialty managing general agent Nexus Underwriting, has appointed Ed Cornish as senior underwriter on its single situation trade credit team.   1 June 2016

Insurance

Arthur J Gallagher hires FCA exec as non-executive director in UK

Insurance brokerage and risk management firm Arthur J Gallagher Holdings UK has appointed Simon Green as an independent non-executive director of its board with effect from June 1, 2017.   2 May 2017

News

Gen Re appoints global claims manager

Reinsurer General Reinsurance has promoted Martin Hacala to the role of global claims manager. In addition, Ron Lepinskas has joined Gen Re Claims as global casualty lines manager, and Geoff Piggot has assumed responsibility for global property lines.   20 March 2014

Insurance

No stopping commercial property market impacts in Q1 & Q2 - RPS

Reduced appetite for high risk exposures in standard market will continue to impact E&S market.   3 February 2020

Insurance

MGAs must step up to regulatory demands

Managing General Agents (MGA) must keep abreast of changing regulation and seek to improve distribution to stay relevant. That is the view of Peter Montanaro, head of delegated authorities at Lloyd’s who spoke to three quarters of the Managing General Agents' Association (MGAA) member organisations at a briefing yesterday.   11 February 2014

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