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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
Insurance
The International Underwriting Association (IUA) has elected six senior London Market executives to join its governing board. 5 July 2016
Insurance
The specialist home underwriting agency Horizon Underwriters has appointed its new senior development underwriter, Ryan Piner. 5 July 2016
Insurance
Alesia Re has recently received approval from the Cayman Islands Monetary Authority as a Class D reinsurer, with a focus on pension risk transfer and associated risks portfolios. 5 July 2016
Insurance
Probitas 1492, an insurance and reinsurance syndicate at Lloyd’s, has expanded its casualty offering to include UK Liability with the appointment of Richard Beaumont as senior underwriter. 5 July 2016
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