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Insurance
AmWINS taps XL Catlin exec for London MGA Unicorn
US-based global insurance broker AmWINS Group has appointed Perry Lyons as motor fleet underwriter for its London-based managing general agent (MGA) Unicorn Underwriting.   23 March 2017
Insurance
XL Catlin appoints E&S binding and brokerage head
Re/insurer XL Catlin has appointed Karl Fischbach as head of binding authority and brokerage for its excess and surplus (E&S) insurance operation.   22 March 2017
Insurance
R&Q buys two captive insurers in run-off
Randall & Quilter (R&Q), the insurance services and investment company, has acquired two captive insurance firms, Linco and ICDC, both of which are in run-off.   22 March 2017
Insurance
Major UK MGA CFC set for management buyout with PE backing
The management of CFC, the largest independent managing general agent (MGA) in the UK, are to execute a management buyout of the business with the backing of private equity firm Vitruvian Partners.   22 March 2017
Insurance
Liberty Mutual buys assets of US MGA TRU
Property/casualty insurer Liberty Mutual Insurance has signed a definitive agreement to acquire the assets of managing general agent (MGA) TRU Services, which specialises in medical stop loss cover to mid and large-size medical plan sponsors.   22 March 2017
Insurance
Reinsurers stick to UK motor business despite Ogden jitter
Reinsurers are particularly exposed to the UK’s decision to lower the Ogden personal injury discount rate by far more than expected, which is boosting victims’ compensation and the need for reserves, impacting the profitability of the business.   21 March 2017
Insurance
RSA starts trading on London Market placing platform PPL
UK-based general insurer RSA has started trading on the London insurance market’s electronic placing platform PPL that enables brokers and underwriters to quote, negotiate, bind and endorse business using one market-wide system.   21 March 2017
News
JLT Re partners with flood risk modeller to expand in Canada
Reinsurance broker JLT Re has partnered with risk modelling company KatRisk to offer flood modelling in Canada.   21 March 2017
Insurance
QBE appoints executive general manager of claims
Re/insurer QBE Australia and New Zealand has appointed Jon Fox as the executive general manager (EGM) of claims, and Andrew Corbett as general manager of its fully owned subsidiary Elders Insurance.   21 March 2017
Insurance
KKR and CDPQ in $4.3bn USI Insurance takeover deal
Private equity firm KKR and Canada-based Caisse de dépôt et placement du Québec (CDPQ) are set to acquire US insurance brokerage and consulting firm USI Insurance Services.   17 March 2017

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