News
Insurance
Broker Willis Towers Watson has appointed Adam Garrard as new leader for the corporate risk & broking (CRB) segment, replacing Todd Jones who is joining specialist insurer QBE Insurance Group as CEO North America. 15 August 2019
Insurance
American International Group (AIG) has hired Munich Re's Richard Olsen as new chief actuary, general insurance, based in New York. 15 August 2019
Insurance
Challenging business conditions, coupled with cheap financing in the debt market, will continue to fuel mergers and acquisitions (M&A) activity and drive consolidation in the global reinsurance market, according to a new report from Standard & Poor (S&P). 14 August 2019
Insurance
AXIS Re, the reinsurance business segment of AXIS Capital Holdings, has appointed Gino Smith as head of property for Europe, the Middle East and Africa (EMEA) Latin America, effective November 2019. 14 August 2019
Insurance
Everest Insurance, the specialty insurance division of Bermuda-based Everest Re Group, has added two new senior executives to its US excess casualty group, following the recent team expansions in the Midwest and West regions. 14 August 2019
Insurance
Broker Brown & Brown has acquired substantially all of the assets of employee benefits firm Yozell Associates in the US. 14 August 2019
article
UK-based Lloyd's broker Tysers, part of Integro Insurance Brokers, has launched a hub in Bermuda under the leadership of Richard Tomkins, in a move aimed at expanding its global footprint and capitalising on the attractive market opportunities available on the island. 14 August 2019
Insurance
Concord Specialty Risk, a transactional risk insurance and loss mitigation specialist which is a series of RSG Underwriting Managers, has appointed Ilan Peress as vice president, representations and warranty insurance underwriter. 13 August 2019
Insurance
Bermuda-based re/insurer Maiden Holdings' losses almost tripled in the second quarter of 2019 compared to a year ago despite numerous strategic measures to strengthen its capital position and speed up recovery. 13 August 2019
Insurance
Re/insurance broker Aon has advised HSBC Bermuda on a recently completed £7 billion longevity swap, involving the HSBC Bank (UK) Pension Scheme and Prudential Insurance Company of America (PICA), said to be the second largest ever deal of its type. 13 August 2019
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