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Re/insurer Willis and professional services company Towers Watson have announced shareholders of both companies have approved the proposals necessary to complete the merger of equals transaction. 14 December 2015
Insurance
The Bahrain insurance market grew by 5 percent during 2014, compared with 2013, with gross premiums/contributions registering BD270.76 million (£473.16 million) in 2014, according to the Central Bank of Bahrain (CBB). 11 December 2015
Insurance
Insurance broker Marsh has appointed Phil Barton as chief executive officer (CEO) of Jelf. He succeeds Alex Alway, who is to become a non-executive director on the Marsh board. 11 December 2015
Insurance
Insurance firm American International Group (AIG) has formed a new executive leadership team which it says is designed to execute its strategic priorities and provide value to its worldwide clients. 10 December 2015
Insurance
Insurer ACE has announced today the future leadership team it intends to appoint for the company’s North America and international risk engineering practices. The leadership appointments will take effect upon completion of the acquisition of Chubb, which is expected in the first quarter of 2016. 10 December 2015
Insurance
Insurer Hiscox has appointed Adam Holberry as head of alternative distribution. 9 December 2015
News
Lebabon-based reinsurer Chedid Re has opened new office in Casablanca Finance City (CFC), as part of its expansion strategy to increase the company’s presence in North and West Africa. 9 December 2015
Insurance
QBE Australia has appointed Tim Air to the newly created role of national manager, marine specialty risks (MSR), effective 8 December 2015. 9 December 2015
Insurance
Insurance carrier Ironshore International has announced an expansion strategy to establish a locally-driven presence in selected Continental European markets. 8 December 2015
Insurance
AM Best said it does not expect to take rating actions as a direct consequence of the implementation of Solvency II. 8 December 2015
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