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Insurance
Alleghany Corporation said on Sept. 13 that its subsidiary Alleghany Insurance Holdings is selling Pacific Compensation Insurance Company (PacificComp) to CopperPoint Mutual Insurance Company for $150 million of total cash consideration. 13 September 2017
Insurance
Everest Re Group has appointed Mike Harnett as vice president, deputy chief underwriting officer for Everest Insurance North America. 9 October 2017
Insurance
Global loss adjuster McLarens has promoted John Cupitt as head of its global marine division. 19 July 2017
Insurance
Jardine Lloyd Thompson (JLT) has reshuffled its senior leadership. The changes were prompted by the retirement of JLT’s UK employee benefits business chief executive but extend into its Asia business where it has recruited a senior executive from Willis. 30 January 2015
Insurance
After selling the claims business of Direct Group for £36 million earlier this month, UK intermediary Ardonagh Group has revealed that it is selling its commercial managing general agency (MGA) businesses to Arch UK Holdings for up to £31 million. 1 November 2018
Insurance
Pioneer Underwriters, the underwriting group within Minova Insurance, has appointed Anand Hari as head of catastrophe risk and exposure management. 18 July 2017
Alternative Risk Transfer
Jardine Lloyd Thompson Capital Markets (JLTCM) has closed its second Market Re private placement cat bond (Market Re 2014 -2) at $31.825 million. 17 June 2014
Insurance
Argenta Syndicate Management, a subsidiary of Argenta Holdings, has appointed Matthew Howlett as accident & health underwriter at Argenta Syndicate 2121. Reporting to active underwriter Ian Maguire, he takes up his new role on December 11 2013. 10 December 2013
Alternative Risk Transfer
There has been a ‘double flight to quality’ by investors in insurance-linked securities (ILS) funds as a reaction to the losses of 2017 and specifically the inability of some ILS funds to get a handle on the extent of their exposure to the losses, Jutta Kath, chief operating officer, Secquaero Advisors, told PCI Today. 30 October 2018
Alternative Risk Transfer
The insurance-linked securities (ILS) market is largely in a good place but the market must accept that there is nothing ‘alternative’ about ILS any more—it’s here to stay, and a part of the furniture, Mark Hvidsten, deputy chairman at Willis Re, told PCI Today. 30 October 2018
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