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Insurance
The chief executive of Novae Group, the re/insurer which operates predominantly through Lloyd’s syndicate 2007, has said the group is open to potential acquisitions in 2014 after posting solid 2013 results. 3 April 2014
News
RK Harrison, the London-based wholesale and reinsurance broker, has broken through the £100 million barrier following a substantial increase in its turnover for the year ending June 30, 2013. 3 April 2014
News
SCOR has secured approval to act as a managing agency at Lloyd’s. It will now manage its own syndicate in the market replacing Asta Managing Agency. 2 April 2014
Insurance
Scandinavian marine insurer Skuld has appointed Ståle Hansen as chief executive officer, with effect from February 1, 2015. 1 April 2014
Insurance
Argo International, the Lloyd’s insurer and member of Argo Group, has appointed Greg Walters as class underwriter for its onshore energy account. He will report to head of marine & energy Philip Thorpe-Apps. 1 April 2014
Insurance
Kiln, the international specialist insurance and reinsurance underwriting business which is part of the Tokio Marine Group, has appointed Anja Bussemas as claims manager for its Accident & Health division in Germany. 1 April 2014
News
Reinsurer SCOR has appointed Marie-Laurence Bouchon, formerly of Brunswick Group PR agency, as head of group communications. 28 March 2014
Insurance
Clavis Re, a start-up underwriting platform formed in Zurich, Switzerland, has secured the backing of Chaucer Syndicates to launch a new specialty coverholder business at Lloyd’s. 27 March 2014
News
Watford Re, the Bermuda-based start-up reinsurer partly backed by Arch Capital Group, is ready to start writing business on its own paper after raising $500 million and securing a rating of A- from AM Best. 27 March 2014
Insurance
Property and casualty (P&C) operating earnings increased by 30 percent in 2013 and the group’s overall combined ratio saw a 5.2 point improvement to 93.3, according to Fitch Ratings. 25 March 2014
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