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Aspen gives $10m transaction bonus to ex-CEO O’Kane post Apollo takeover
Insurance
Aspen has granted a $10 million bonus to its former chief executive officer Christopher O’Kane and $1 million to group chief financial officer Scott Kirk for assisting the Bermuda-based re/insurer with its $2.6 billion merger deal.   20 February 2019
Ascot hires inland marine head from Markel
Insurance
Specialist re/insurer Ascot has appointed Jeff Vetter as executive vice president and head of inland marine. He joins from Markel where he led their inland marine division.   20 February 2019
SCOR appoints Conoscente as Global P&C CEO as Peignet retires
Insurance
French reinsurer SCOR has appointed Jean-Paul Conoscente, currently CEO of reinsurance at SCOR Global P&C, as chief executive officer of SCOR Global P&C.   20 February 2019
Insurance
German-based Allianz Group has increased the size of its digital investment unit Allianz X, making it one of the largest corporate venture funds in Europe.   20 February 2019
Insurance
In a year marked by high levels of natural catastrophe, reinsurer SCOR still manages to deliver “robust growth” in its 2018 annual results.   20 February 2019
Insurance
Re/insurance rating agency AM Best is changing its senior management structure to cut costs and strengthen its Asia Pacific business following a "strategic review" of its core markets.   20 February 2019
Insurance
The American Agricultural Insurance Company (AAIC) has launched a cyber insurance product to protect small business owners and farmers/ranchers from the growing risks they face.   20 February 2019
Insurance
The Managing General Agents’ Association (MGAA) has appointed Gary Humphreys, group underwriting director at Markerstudy Group, as a new board director at its annual general meeting.   20 February 2019
Insurance
Insurer Chubb has appointed Louise Joyce as life sciences manager for the UK and Ireland. She will be responsible for leading Chubb's life sciences team and overseeing its strategic development and execution.   19 February 2019
Insurance
US specialty insurer RLI has partnered with insurtech start-up DataCubes to optimise its underwriting process.   18 February 2019

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