News

Insurance

RSA mergers UK and international commercial insurance operations; global risk solutions MD departs

RSA UK & International has merged its commercial risk solutions (CRS) and global risk solutions (GRS) businesses to create a single business unit focused on commercial lines.   12 September 2019

Insurance

Willis Towers Watson partners with Sompo to launch insurance platform for middle market real estate companies

Broker Willis Towers Watson (WTW) has entered into a strategic partnership with Sompo Global Risk Solutions (GRS), a part of Bermuda-based re/insurer Sompo International Holdings, to create an integrated insurance platform for the middle market commercial real estate segment.   12 September 2019

Insurance

Developing talent a critical priority for London market, says new LMA Academy chair Matthew Wilson

The Lloyd’s Market Association (LMA) has appointed Brit group CEO Matthew Wilson as new chairman of the LMA Academy committee, and Aspen's Fiona Temple as director.   11 September 2019

Insurance

Third Point Re's Manoj Gupta becomes new COO of TigerRisk; Bredahl's role is split

Reinsurance broking and risk/capital management firm TigerRisk has appointed Third Point Re's Manoj Gupta as new chief operating officer (COO), based in New York.   11 September 2019

Insurance

SOBC DARAG snaps up New Mexico P&C Insurance in acquisition spree

SOBC DARAG, a subsidiary of run-off specialist DARAG UK, has acquired New Mexico P&C Insurance Company, having received approvals from New Mexico OSI and Florida OIR.   11 September 2019

Insurance

Aegon appoints new chief executive of UK business succeeding Adrian Grace

Dutch insurance group Aegon has appointed Mike Holliday-Williams to succeed Adrian Grace as chief executive officer (CEO) of Aegon UK.   11 September 2019

Insurance

Tasker reshuffles retail broking leadership; seeks growth through selective acquisitions

Tasker Insurance Group has appointed Robin Thomson as managing director of its retail broking business, succeeding Ann Bowyer.   11 September 2019

Insurance

Domestic firms dominate in Bolivia

With a lack of global players, the Bolivian insurance market differs greatly from that of Brazil, where local reinsurers must compete against each other and large companies with a wide array of offerings. AM Best speaks to FIDES Today.   11 September 2019

Insurance

Clarke happy with PartnerRe’s ‘pure play’ position

PartnerRe’s strategic decision to operate as a “pure play” reinsurer, together with its private ownership model, means it is well positioned to grow in what it calls a transitioning market, Emmanuel Clarke president & chief executive officer, PartnerRe, told Monte Carlo Today.   11 September 2019

Insurance

More funds will seek rated paper: Aon

Despite some of the recent challenges they have faced, insurance-linked securities (ILS) investors are not going anywhere soon, and they will form increasingly deep and complex relationships with the industry, Mike Van Slooten, head of market analysis at Aon, told Monte Carlo Today.   11 September 2019

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