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Insurance
Saudi insurance market 2016 profits more than double
AM Best believes the Saudi insurance market has turned the corner following a period of underwriting volatility.   16 February 2017
Insurance
CEO of NN Group’s Investment Partners to retire; successor named
NN Group, a Dutch insurance and asset management company, has appointed Satish Bapat as CEO of NN Investment Partners and as a member of the group's management board.   16 February 2017
Insurance
Sapiens acquires StoneRiver for $102m in cash
Sapiens International, a global provider of software solutions for the insurance industry, has acquired StoneRiver for an all-cash deal of $102 million to expand its footprint in the US property/casualty (P&C) market.   16 February 2017
Insurance
Cigna terminates $48bn Anthem deal, demands $15bn compensation
US-based global health service company Cigna has called off a proposed merger agreement with Anthem following an order from the US District Court for the District of Columbia and demands more than $14.85 billion compensation from Anthem.   15 February 2017
Insurance
Allied World hires former Munich Re exec in Australia
Allied World Assurance Company has appointed Karsten Buescher as assistant vice president of onshore construction in Australia.   15 February 2017
Insurance
Cat risk modeller RMS bolsters executive team with new president
Catastrophe risk modelling company RMS has appointed Mike Pritula as president to lead its client service and market development. He will also join the executive committee of RMS.   15 February 2017
Insurance
Tokio Marine hires RSA exec to develop UK business
Specialist insurer Tokio Marine HCC has appointed Chris Christou as business development manager covering London and the South East of England.   15 February 2017
Insurance
Axis Re CEO Jay Nichols resigns; claims 'good time for transition'
Jay Nichols has resigned from his position of CEO of AXIS Re, a subsidiary of Bermuda-based AXIS Capital Holdings. He has been replaced by Jan Ekberg on interim basis.   14 February 2017
Insurance
Ed taps Willis director to expand property/casualty division
Ed, the broker formerly known as Cooper Gay, has appointed Namik Gulsun as head of international property and casualty.   14 February 2017
Insurance
Arch Insurance hires vice president in US
Arch Insurance, a member of Arch Capital Group, has appointed Greg Johnson in the US as vice president of business development for travel.   14 February 2017

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