News
Insurance
Brit experienced a substantial increase in profits for its first half results in 2016, but its gross written premiums (GWP) and combined ratio decreased. 29 July 2016
Insurance
Global insurance broking and risk management firm Marsh has unveiled Joe Grogan as executive chairman of Marsh Ireland. It also announced that the current managing director of JLT Ireland Patrick Howett will become CEO of Marsh Ireland when the deal between Marsh’s parent company, Marsh & McLennan Companies and JLT, closes. 5 March 2019
Insurance
Bermuda-based insurer Ironshore has opened a Financial Institutions unit which will be led by Christopher Brown of Ironshore’s Pembroke Managing Agency. 20 March 2014
Insurance
The managing director of AEGIS London has resigned after ten years in the position. 21 May 2015
Insurance
2018 is set to be the most costly catastrophe year for Asia-Pacific since 2011, leading to potential rate hardening at renewals, but the impact is likely to be restricted to countries hit directly by losses, Michael Reynolds, global chief executive officer of JLT Re, told SIRC Today. 30 October 2018
Alternative Risk Transfer
There will not be a significant movement in rates for the reinsurance industry at the end of year renewals, Ed Hochberg, chief executive officer of JLT Re in North America, told PCI Today. 28 October 2018
Alternative Risk Transfer
Aon Securities has published its annual ILS report: Alternative Capital Breaks New Boundaries. Paul Schultz, its chief executive, tells SIRC Today about the key developments during what has been a record year for ILS. 31 October 2017
Insurance
Allianz Global Corporate & Specialty (AGCS) is considering establishing a branch in India as it attempts to manage the growing trend in Asia of protectionist regulatory measures that favour local reinsurers, Mark Mitchell, regional chief executive officer for Asia at AGCS, told SIRC Today. 31 October 2017
Insurance
Faber Global, the facultative and wholesale reinsurance arm of Willis Group, has appointed Alistair Lester as chief executive officer (CEO). The current Faber CEO, Jason Howard, will become CEO of the newly-formed Acappella Group. 24 June 2014
Insurance
The Hanover Insurance Group is set to sell Chaucer’s UK motor business to Markerstudy Group, a UK-based insurance provider, for $60 million. 13 April 2015
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