News
Insurance
US broker Relation Insurance Services has hired former Swiss Re executive Chris McKechnie as CFO and ex-Waller Helms managing director Tim Hall as head of M&A as it targets growth both organically and through accretive acquisitions. 2 May 2019
Insurance
US wholesale specialty insurance firm CRC Group has acquired Argenia, an MGA and surplus lines broker based in Arkansas, US. 2 May 2019
Insurance
London-based EC3 Brokers has appointed James Murphy to the newly-created role of head of broking. 2 May 2019
Insurance
Bermuda-based White Mountains Insurance Group has appointed Frank Bazos as executive vice president and head of M&A (mergers and acquisitions). 1 May 2019
Insurance
London-based law firm Devonshires is planning to enter the insurance market, and has hired a senior executive from CMS to develop its new practice. 1 May 2019
Insurance
The market is now well overdue a fundamental correction in pricing, something Stephen Catlin will look to capitalise on with his new venture Convex Group, unveiled yesterday (Tuesday May 1). He claims that losses in the industry have been so severe in recent years they are on the verge of destroying capital – something that should prompt a radical change. 1 May 2019
Insurance
Reinsurance sector earnings have remained buoyant in the face of unprecedented natural catastrophe losses over the past two years, Aon’s Reinsurance Aggregate (ARA) report has found. 1 May 2019
Insurance
The Financial Reporting Council (FRC) has fined KPMG and some of its partners after an investigation found misconduct in relation to the audit of Lloyd’s Syndicate 2018 (Equity Red Star) and actuarial advice given to Equity Syndicate Management (ESML). 30 April 2019
Insurance
Insurance veteran Stephen Catlin and Paul Brand have launched a new specialty re/insurer focused on complex risks with an initial capital commitment of $1.8 billion, and an "exceptional group" of underwriting experts. 30 April 2019
Insurance
CLS Risk Solutions, the legal indemnity and transactional property risk MGA for the CLS group, has secured Tom O’Connor as its new CEO. 30 April 2019
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