NewsBeggs to lead Munich Re’s E&S insurance driveJill Beggs will oversee Munich Re’s expansion into the US excess and surplus lines (E&S) market under the umbrella of the newly formed specialty insurance unit led by Mike Kerner, The Insurer can reveal.Tue 18 Dec 2018
NewsBrit still writing construction and engineeringBrit Insurance is continuing to write international construction and engineering risks albeit in a reduced fashion, the London-headquartered (re)insurer confirmed today. Tue 18 Dec 2018
NewsM&AMarsh unveils regional and specialty leadership team post-JLT acquisitionMarsh has set-out the leaders for its regional, specialty, and placement teams worldwide when its acquisition of JLT completes next year.Tue 18 Dec 2018
Understanding Currency Exposure in a Connected WorldBy what criteria do FX traders and currency analysts assess financial markets? How are their targets screened and selected? When is currency market analysis made when advising clients how to structure and manage their FX hedging policies?Tue 18 Dec 2018
NewsLloyd’s shakes-up regional leadershipLloyd’s has appointed new directors in the Americas, APAC and EMEA who will be responsible for leading the Corporation in their respective regions.Tue 18 Dec 2018
NewsRenRe launches Class 3B property cat reinsurerBermudian carrier RenRe has teamed up with Dutch pension fund manager PGGM to launch a property cat reinsurer - Vermeer Reinsurance.Tue 18 Dec 2018
NewsArgo Group unveils senior management restructureFormer AIG executive Matt Harris will lead Argo Group’s international operations as part of a wider restructure that also gives an elevated role to the head of the Americas, Kevin Rehnberg.Tue 18 Dec 2018
NewsProperty catastropheInsured cat losses fall to $79bn in 2018: Swiss ReThe total insurance bill for natural and man-made catastrophes in 2018 has fallen to around $79bn, according to Swiss Re’s latest Sigma report.Tue 18 Dec 2018
NewsPeople MovesLloyd’s confirms Carter’s appointment to Council in 2019Victoria Carter have been appointed a working member of the Lloyd’s Council, as first revealed by The Insurer.Tue 18 Dec 2018
NewsRLI and Zurich FOTs suggest modest improvement for casualty reinsurersThe flow of casualty and professional liability treaty renewal firm order terms (FOTs) is beginning to pick up with indications so far pointing to flat or moderate improvements of terms for reinsurers, The Insurer can reveal.Tue 18 Dec 2018
NewsPeople MovesFrudd named CEO of Sompo International as Charman becomes executive chairmanSompo International is to shake-up its top brass with a number of changes to its operating structure designed to make the firm more nimble.Tue 18 Dec 2018
NewsM&AGarvey’s EPIC brings home Integro USA dealOak Hill Capital Partners-backed EPIC Holdings has bought the US operations of rival broker Integro in a deal that will take combined revenues to almost $600mn.Tue 18 Dec 2018
NewsMarinePembroke pulls out of cargo businessUnder review Pembroke Managing Agency has jettisoned its cargo business, The Insurer can reveal.Mon 17 Dec 2018
NewsPeople MovesHiscox names Bob Thaker UK CEOHiscox has named Bob Thaker its next UK chief executive officer, with the exec set to take reins in March.Mon 17 Dec 2018
NewsPeople MovesGRP’s Mike Bruce promoted to Group MDGlobal Risk Partners’ broking CEO Mike Bruce has been named Group managing director, as the specialist consolidator continues its push for targeted 2020 run rate ebitda of £53.5mn.Mon 17 Dec 2018
NewsPeople MovesBMS builds out Bermuda team with two hiresWholesale broker BMS has continued its push in Bermuda with two new hires.Mon 17 Dec 2018