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May 2019

31
May
2019
Willis Towers Watson announces new Head of Capital Science and Policy in Southeast Asia
Posted on 31st May 2019  by Mazin Shammas  and has No comment

Willis Towers Watson, a leading global advisory, broking and solutions company (NASDAQ:WLTW), today announced the appointment of Augusto Hidalgo as Head of the Capital, Science and Policy (CSP) in South East Asia. Based in Manila, Philippines, Augusto brings a wealth of knowledge, experience and expertise in […]

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30
May
2019
Argo Pro Introduces Private Company PROtectSM
Posted on 30th May 2019  by Mazin Shammas  and has No comment

Management liability product gives private companies access to various types of coverage Argo Pro, a member of Argo Group International Holdings, Ltd. (NYSE: ARGO), an international underwriter of specialty insurance and reinsurance, announced today an enhanced product offering: Private Company PROtectSM. The packaged professional liability product […]

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23
May
2019
Ariel Re strengthens Credit and Financial Product Lines with appointment of Sean Kelly
Posted on 23rd May 2019  by Mazin Shammas  and has No comment

Ariel Re, a member of Argo Group (NYSE: ARGO), today announced the appointment of Sean Kelly as senior vice president, specialty underwriter, credit and financial products, effective June 10, 2019. He will report to Stephen O’Flynn, head of professional lines and casualty treaty underwriting – Bermuda […]

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22
May
2019
Ariel Re strengthens U.S. Professional Lines and Casualty Treaty Operations with appointment of Stephen O’Flynn
Posted on 22nd May 2019  by Mazin Shammas  and has No comment

Ariel Re, a member of Argo Group (NYSE: ARGO), today announced the appointment of Stephen O’Flynn as head of professional lines and casualty treaty underwriting – Bermuda, effective June 10, 2019. He will be responsible for establishing, underwriting and growing the U.S. professional lines and casualty […]

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20
May
2019
Tom Mills joins Capsicum Re’s Bermudian operation
Posted on 20th May 2019  by Mazin Shammas  and has No comment

Capsicum Re, the specialist reinsurance broker, is pleased to announce the appointment of Tom Mills to its Bermudian operation. Mills joins as a Broker and will report to Neville Ching, Managing Partner of Capsicum Re Bermuda. His appointment reflects Capsicums Re’s growing presence on the Island […]

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16
May
2019
Globe Underwriting appoints Jenny Mackay as Head of North American Property Division
Posted on 16th May 2019  by Mazin Shammas  and has No comment

Globe Underwriting, the UK based managing general agent, has today announced the appointment of Jennifer Mackay as Head of the North American Property Division. Jenny will focus on underwriting and management of both residential and commercial property programs while leading the underwriting team to drive profitable […]

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15
May
2019
THB delivers on promise to build market–leading binding authority team
Posted on 15th May 2019  by Mazin Shammas  and has No comment

THB Group, the specialist insurance and reinsurance broker, announces further senior appointments in its binding authority team, enforcing the company’s stated objective to be the market leader in the sector. Lee Collins, partner at JLT Re, will join as director, head of binding authority placements; Adrian […]

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14
May
2019
LMA announces Board member appointments for 2019
Posted on 14th May 2019  by Mazin Shammas  and has No comment

The Lloyd’s Market Association (LMA) has announced the results of its  recent Board election process. Effective from the AGM on 22 May 2019, the members, who each successfully stood for election to the Board, will be: Paul Culham, Group Chief Underwriting Officer, Tokio Marine Kiln Adrian […]

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14
May
2019
ArgoGlobal Expands Asia Pacific and Middle East A&H Offering
Posted on 14th May 2019  by Mazin Shammas  and has No comment

ArgoGlobal, the Lloyd’s insurer and member of Argo Group, today announced the appointment of Zachary Tan as accident and health underwriter, effective immediately. He will report to Michael Scala, chief underwriting officer, Asia Pacific. “With a strong team in place both at Lloyd’s and in Singapore, […]

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13
May
2019
THB appoints director to head new Treaty strategy
Posted on 13th May 2019  by Mazin Shammas  and has No comment

THB, the specialist insurance and reinsurance broker, today announces the appointment of Zamira Thurnim as Treaty Director of THB Europe, effective immediately.  Zamira will be based in The Netherlands, and will also work extensively in THB’s growing markets throughout Africa.  She will report to Ricardo Borges, […]

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10
May
2019
Skuld reports 16th year of positive underwriting results
Posted on 10th May 2019  by Mazin Shammas  and has No comment

Skuld, a leading marine insurance provider, today announces a positive bottom line result of USD 11 million (USD 58 million in 2017) for its 2018 financial year ending 20 February 2019, and a total combined ratio of 98%. Gross earned premium in 2018 amounted to USD […]

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09
May
2019
Willis Towers Watson: InsurTech investment records smashed in Q1, 2019; pricing tools in the spotlight
Posted on 9th May 2019  by Mazin Shammas  and has No comment

InsurTech investors worldwide executed the highest number of transactions, the highest number of property/casualty transactions, and the highest volume of Series B and Series C funding rounds during the first three months of 2019, according to the new Quarterly InsurTech Briefing from Willis Towers Watson, the […]

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07
May
2019
Willis Towers Watson: ILS market slows further in Q1 2019 following reductions in Q4 2018 as yields continue to drift higher
Posted on 7th May 2019  by Mazin Shammas  and has No comment

Growth of the Insurance-linked securities (ILS) market continued to slow in the first quarter of 2019 following the reduction seen in Q4 2018. Slightly more than $1.1 billion was raised through non-life catastrophe bond issues, compared with an average of $1.8 billion over the most recent […]

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07
May
2019
ArgoGlobal Assicurazioni S.p.A. Appoints Marco Serra as Chief Underwriting Officer
Posted on 7th May 2019  by Mazin Shammas  and has No comment

ArgoGlobal Assicurazioni S.p.A, member of Argo Group International Holdings, Ltd. (NYSE: ARGO), an international underwriter of specialty insurance and reinsurance, today announced the appointment of Marco Serra as chief underwriting officer, Italy, effective immediately. Based in Rome, he will report to ArgoGlobal Assicurazioni CEO Giovanni Tucci. […]

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03
May
2019
BMS appoints Pete Chandler as President of US reinsurance
Posted on 3rd May 2019  by Mazin Shammas  and has No comment

BMS Group (“BMS”), the independent specialist (re)insurance broker, today announces the appointment of Pete Chandler as President of BMS’s US reinsurance operations, reporting to Steve Korducki, US reinsurance CEO. The appointment is effective 27th May and Chandler will join the BMS US Board subject to regulatory […]

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03
May
2019
DARAG completes acquisition of DONAU Versicherung AG’s Italian portfolio after having received regulatory approval
Posted on 3rd May 2019  by Mazin Shammas  and has No comment

DARAG Group Limited, a leading legacy acquirer, announced on 3rd May 2019, that the Austrian financial authority, Finanzmarktaufsicht (FMA), approved the acquisition of the Italian portfolio of DONAU Versicherung AG. The purchase agreement was signed in December 2018. With the consent of the Italian Istituto per […]

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03
May
2019
Samsung Fire & Marine Insurance takes strategic stake in Canopius
Posted on 3rd May 2019  by Mazin Shammas  and has No comment

Canopius AG (“Canopius”) today announces that it has entered into a strategic partnership with Samsung Fire & Marine Insurance (“SFMI”).  Under the terms of the transaction, SFMI will become a significant minority investor in Canopius.  The investment, which is subject to necessary regulatory consents, is expected […]

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03
May
2019
EC3 Brokers appoints new head of broking
Posted on 3rd May 2019  by Mazin Shammas  and has No comment

EC3 Brokers announces the appointment of James Murphy to the newly-created role of head of broking. Murphy joined on 1 May from Integro and will be responsible for expanding EC3 Broking’s marketing activities and developing new partnerships. EC3 Brokers CEO Danny Driscoll said: “In building successful […]

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