News

Insurance

Everest and Asta partner with Medical Protection Society on Lloyd's SPA

Everest Insurance, Lloyd’s third-party managing agency Asta, and London-based Medical Protection Society (MPS) have teamed up to establish a Lloyd’s special purpose arrangement (SPA) slated to start from July 1.   24 June 2019

Insurance

Beazley hires specialty treaty underwriter to expand product solutions unit

Specialty insurer Beazley has appointed Desiree Khoury as a specialty treaty underwriter within its product solutions team, which provides customised turnkey products to insurance company partners.   24 June 2019

Insurance

Hamilton Re makes catastrophe bond debut with $60m Cerulean Re

Hamilton Re, the re/insurance platform of Bermuda-based Hamilton Insurance Group, has unveiled its first ever catastrophe bond transaction, a $60 million Cerulean Re SAC (Easton 2019-1) deal.   21 June 2019

Insurance

Third Point Re, White Mountains make strategic investment in auto insurtech start-up Noblr

Bermuda-based Third Point Reinsurance and White Mountains Insurance Group have made minority equity investments in newly-launched car insurance company, called Noblr.   21 June 2019

Insurance

Nexus snaps up Marc van der Veer from Ardonagh as CEO of European ventures

Specialty managing general agent (MGA) Nexus Group has hired Marc van der Veer as chief executive officer (CEO) of European Ventures.   21 June 2019

Insurance

Liberty Mutual Re appoints AXA's Jens Voges to new marine & energy underwriting role

Liberty Mutual Re, a part of Liberty Mutual Insurance Group, has appointed Jens Voges as senior underwriter and product leader of marine & energy within its London market risks (LMR) team.   20 June 2019

Insurance

Marsh appoints Hanuschak to lead MGU Victor North America as Schaper departs for AIG

Victor Insurance Holdings, the Marsh and McLennan Companies-owned managing general underwriter, has appointed Brian Hanuschak as new president of North America.   20 June 2019

Insurance

Axis publishes loss development triangle data for 2002 to 2018

AXIS Capital Holdings has published loss development triangle data for 2002 to year end 2018.   20 June 2019

Insurance

AIG unveils global reinsurance business AIG Re under Marsh's Christopher Schaper

American International Group has consolidated its assumed reinsurance operations, including Validus Re, AlphaCat and Talbot Treaty, to form one global business, called AIG Re.   20 June 2019

Insurance

CCRIF expands cover and introduces new risk model for tropical cyclones and earthquakes

The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has expanded its cover and brought in a new risk model for tropical cyclones and earthquakes as member governments in the region renewed and extended their policies for 2019/20.   19 June 2019

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