News
Insurance
Re/insurance broker RFIB Group has appointed Tony Martin as its director, and Stephane Boiron as its associate director, following the production of its membership services business. 8 July 2016
Insurance
New regulations set to be introduced in Europe will boost demand for cyber insurance, and insurers which have already been operating in this space on the other side of the Atlantic look best placed to truly capitalise. Intelligent Insurer reports. 8 July 2016
Insurance
Aviva’s limited reliance on EU passporting of services and a robust balance sheet has prepared it well for the consequences of the United Kingdom’s exit from the European Union (EU), chief executive officer Mark Wilson said during the insurer’s capital markets day. 7 July 2016
Insurance
Broker Cooper Gay has appointed Kieran Angelini-Hurll, a former Miller executive, as chief executive officer (CEO) of its reinsurance division. 7 July 2016
Insurance
PartnerRe has made a series of appoints following the restructuring of its business into three main segments: property/casualty, specialty, and life and health. 7 July 2016
Insurance
Nexus Underwriting Management (Nexus) is looking to acquire specialty niche MGA's in order to boost underwriting profit, according to executive chairman Colin Thompson. 6 July 2016
Insurance
Managing general agents (MGAs) have a responsibility to support continued sector growth and respond to the evolving insurance market with greater communication and transparency around their role, according to James Gerry, chair of the Managing General Agents’ Association (MGAA). 6 July 2016
Insurance
Harrington Reinsurance Holdings, together with its subsidiary Harrington Re, has completed a capital raise of approximately $550 million of equity and $50 million of debt, including a $100 million equity investment by a subsidiary of AXIS Capital and an approximately $50 million equity investment by affiliates of The Blackstone Group. 6 July 2016
Insurance
European life insurers will be the first to be impacted by the UK’s decision to withdraw from the EU but all parts of the insurance sector should prepare to adjust their group structure, according to a senior director at rating agency AM Best. 6 July 2016
Insurance
ArgoGlobal, a Lloyd’s insurer and member of Argo Group, has appointed Darren Long as cargo underwriter, effective immediately. 5 July 2016
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