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Aspen parts ways with Bermuda CEO, group COO, puts MGA into run-off amid major reshuffle
Insurance
Bermuda-based Aspen Insurance Holdings has made a series of key changes in its executive leadership team, as well as placed its UK-based MGA Aspen Risk Management (ARML) into run-off, and closed its Dublin office, in a move it hopes will strengthen the company's "competitive position" and enhance operational efficiency under Apollo's ownership.   15 May 2019
PartnerRe completes second longevity transaction with Manulife
Insurance
PartnerRe has completed a second transaction with The Manufacturers Life Insurance Company (Manulife) to reinsure longevity risk for an in-force block of Canadian individual payout annuities.   14 May 2019
AXIS teams up with cyber security start-up accelerator CyLon
Insurance
Bermuda-based AXIS Capital Holdings has partnered with cyber security start-up accelerator CyLon to help companies mitigate their cyber risks.   14 May 2019
Insurance
Bermuda-based specialty re/insurer Sompo International Holdings is targeting the life sciences industry with its new insurance offering to be led by senior vice president Todd Lauer.   14 May 2019
Insurance
The uptake of M&A insurance across Europe, the Middle East and Africa (EMEA) has increased significantly as risks associated with transactions become more complex, according to a new report by Aon.   14 May 2019
Insurance
Third Point Re chief executive Robert Bredahl has joined reinsurance broking and risk/capital management firm TigerRisk as president, chief operating officer (COO) and member of its board.   14 May 2019
Insurance
Allianz enjoyed a strong first quarter with both revenue and profits increasing sharply driven by its property/casualty segment, which posted strong premium growth, lower claims from natural catastrophes and an improved expense ratio.   14 May 2019
Insurance
Some 250 tornadoes touched down in the US during April – the most for April since 2011 – a phenomenon that should invigorate insurers to redouble efforts to understand flood risk and further encourage insurance take-up to lower the protection gap, according to Aon.   14 May 2019
Insurance
Lloyd's insurer and member of Argo Group, ArgoGlobal, has hired TMK's Zachary Tan as accident and health underwriter to further expand its portfolio across Asia Pacific and the Middle East.   14 May 2019
Insurance
McLarens, a global loss adjuster specialising in complex, commercial and niche markets, has reorganised its UK & Ireland senior management structure to position the business for future growth. The move has created new regional manager vacancies that the company is looking to fill in the coming months.   14 May 2019

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