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Updated: 2 hours 5 min ago

Tokio Marine acquires cyber specialist NAS Insurance Services

2 April, 2019 - 15:57
Specialty insurance group Tokio Marine HCC has acquired 100 percent of NAS Insurance Services, a US-based cyber and professional liability specialist.

Willis Towers Watson appoints new head of Romania business

2 April, 2019 - 15:40
Broker Willis Towers Watson has appointed Eleonora Geamanu to lead its business in Romania.

Munich Re unveils new personal lines homesharing product in US

2 April, 2019 - 14:49
Munich Reinsurance America (Munich Re US) has launched a new personal lines homesharing insurance product for hosts who rent their homes out for a profit in the US.

Allianz names new motor damage strategy manager

2 April, 2019 - 14:39
Allianz Insurance has appointed Nick Rossiter to the position of motor damage strategy manager, following the retirement of Stuart Munro.

Monument Re acquires €140m Irish annuities portfolio from Rothesay Life

2 April, 2019 - 14:30
Bermuda-based Monument Re is to acquire a €140 million portfolio of Irish annuities from insurer Rothesay Life.

Beach adds Marsh and Miller execs to London wholesale practice

2 April, 2019 - 14:20
Re/insurance broking and advisory firm Beach & Associates hired Marsh and Miller executives to expand its wholesale operation in London.

Nexus Group buys Capital Risks MGA

2 April, 2019 - 11:13
Independent specialty Managing General Agent (MGA) Nexus Group (Nexus) has acquired Capital Risks MGA (CRM), a London based warranty and indemnity MGA.

Sompo International promotes Gallagher to property/casualty CEO

2 April, 2019 - 11:04
Bermuda-based specialty re/insurer Sompo International has appointed Christopher Gallagher to a new role of chief executive officer of its commercial property and casualty business.

Lloyd’s John Neal sponsors market modernisation project LM TOM

2 April, 2019 - 10:55
Lloyd’s of London CEO John Neal will be the interim sponsor of modernisation programme the London Market Target Operating Model (LM TOM) after the departure of Shirine Khoury-Haq, COO of Lloyd’s, who has been its sponsor since it was launched in 2015.

Former New Ocean CEO McKeown departs AXA XL; re/insurer eyes ILS growth

2 April, 2019 - 10:44
Re/insurer AXA XL has revealed that Chris McKeown, the former CEO of New Ocean Capital Management, has stepped down from his role as vice chairman to pursue other interests outside the company.

Everest bolsters Lloyd's general liability casualty unit with Ironshore hires

2 April, 2019 - 10:30
Everest Insurance, a part of Bermuda-based Everest Re Group, has expanded its Lloyd’s general liability casualty team with two senior hires from Ironshore Insurance.

Newline Group launches Brexit hub in Germany; appoints CEO

2 April, 2019 - 09:48
London-based specialty insurer Newline Group has launched its new European Union insurance hub in Cologne, following authorisation from the German Federal Financial Supervisory Authority (BaFin).

AIG appoints Wells Fargo's Baich as chief information security officer

2 April, 2019 - 09:34
American International Group (AIG) has appointed Rich Baich as senior vice president, chief information security officer.

MMC and JLT merger completes, Guy Carpenter highlights tech and risk changes

1 April, 2019 - 15:54
As Marsh & McLennan, Guy Carpenter’s parent company, finalised its acquisition of Jardine Lloyd Thompson (JLT) today, Guy Carpenter’s Peter Hearn, president and CEO, and Ross Howard, vice chairman emphasised their focus on technology and how it will change the nature of risk.

Global reinsurer and specialty broker Ed recruits Abhishek Chhajer from Standard Chartered Bank

1 April, 2019 - 15:16
Global reinsurance, wholesale and specialty broker Ed has lured Abhishek Chhajer to the company to be head of credit, political risks and surety solutions, Asia Pacific.

Willis Re: Ethiopian Airlines crash liabilities could hit reinsurers’ premiums

1 April, 2019 - 14:58
Insurance claims following the Ethiopian Airlines crash and consequent grounding of Boeing’s 737 Max 8 planes could be as much as $1 billion, according to James Vickers, chairman of Willis Re International.

Chartered Insurance Institute signs up Kenny Siu as Asia Pacific regional director, leaves Standard Life

1 April, 2019 - 14:19
The Chartered Insurance Institute (CII) has hired Kenny Siu as its regional director for Asia Pacific, based in Hong Kong, to bolster international growth objectives.

Liberty Specialty Markets Pauline McNulty backs mental health tailblazer, InsideOut’s 2019 LeaderBoard

1 April, 2019 - 13:44
A Liberty Specialty Markets (LSM) executive is aiming to break the stigma around mental ill-health at work by talking about her own experiences as part of a pro-active mental health initiative.

Nexus’ Xenia Broking Group acquires Credit & Business Finance

1 April, 2019 - 11:05
The newly formed independent broking arm of Nexus Group, called Xenia Broking Group, has acquired specialist trade credit broker Credit & Business Finance (CBF).

Moody’s warn no-deal Brexit likely to damage UK life insurers capital, growth and profit

1 April, 2019 - 10:44
Ratings agency Moody’s has warned that a no-deal Brexit is likely to damage the capital, growth and profit of UK life insurers in the short to medium term, in its latest report for investors.

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