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Insurance
Aquiline Capital Partners, a New York-based private equity firm investing in financial services, has entered into a definitive agreement to become the majority investor in Wellington Insurance Group, a Texas-based risk distribution business specialising in the delivery and administration of residential property insurance. 21 January 2016
Insurance
AM Best has expanded its managing team for the Asia-Pacific region by appointing former Lloyd’s executive Jose Ribeiro as managing director and Qatarlyst CEO James Sutherland as commercial director. 21 January 2016
Insurance
Specialty managing general agent Nexus Underwriting Management has appointed Tim Brangwyn as director of its subsidiary Millstream Underwriting. 21 January 2016
Alternative Risk Transfer
Tom Johansmeyer, AVP – Reinsurance Services, Marketing at ISO/Verisk Insurance Solutions takes a look at the cat bond lites, which are starting to play a big part in the ILS market. 21 January 2016
Alternative Risk Transfer
The government has made significant steps towards enabling the UK to become a centre for insurance-linked securities (ILS) business, but the devil will be in the detail writes Andrew Holderness, Global Head of Corporate Insurance Group at Clyde & Co. 21 January 2016
Insurance
Zurich Insurance Group said it expects its general insurance business to record a business operating loss in the fourth quarter of 2015 due to natural catastrophe claims. including those related to recent storms and floods in the UK and Ireland. 20 January 2016
Alternative Risk Transfer
Non-life insurance-linked securities (ILS) capital hit new heights in 2015 as re/insurer interest and investor confidence continued to grow, according to a new report by global advisory, broking and solutions company, Willis Towers Watson. 20 January 2016
Insurance
Private investment firm Altamont Capital Partners (ACP) has made a majority equity investment in Access Holdco Management, an insurance managing general agency (MGA) focused on the non-standard auto market. 20 January 2016
Insurance
Specialist managing general agent (MGA) Imperium Insurance Management has revealed that Alun Roberts will lead its new specialist farm division, iFarm Underwriting. 19 January 2016
News
Mark de Saram, managing director and chief executive officer of Everest Reinsurance (Bermuda) will retire in April this year. 19 January 2016
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