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29
Jan
2019
Gillian Anderson promoted to Head of Technology and Cyber at Channel
Posted on 29th January 2019  By Mazin Shammas  and has No comment

Channel Syndicate 2015 at Lloyd’s (“Channel”) is pleased to announce the appointment of Gillian Anderson as Head of Technology and Cyber with immediate effect. She reports into Tom Corfield, Active Underwriter at Channel. Gillian joined Channel in June 2016. Prior to this she held roles with […]

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29
Jan
2019
Neon Italy strengthens team with senior claims appointment
Posted on 29th January 2019  By Mazin Shammas  and has No comment

Neon Italy has announced the appointment of Paolo Olivari as Claims Manager with immediate effect. Paolo will primarily focus on Hull claims and will report to Sergio Revello, CEO of Neon Italy. Paolo joins Neon Italy from Generali where he ran their Global Corporate and Commercial […]

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28
Jan
2019
EC3 Brokers targets Middle East with senior appointment in Dubai
Posted on 28th January 2019  By Mazin Shammas  and has No comment

EC3 Brokers announces the launch of EC3 Brokers MEA, with the appointment of Steve Hart as senior executive officer to lead a team of four in Dubai’s International Finance Centre. This new venture marks the strategic expansion of the EC3 Brokers team, which already has offices […]

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25
Jan
2019
Argo Group announces Graduate Training Program in Bermuda
Posted on 25th January 2019  By Mazin Shammas  and has No comment

Argo Group International Holdings, Ltd. (NYSE: ARGO), an international underwriter of specialty insurance and reinsurance, is pleased to announce the Argo Group Graduate Training Program. Based in Bermuda, the program gives recent graduates who meet the academic criteria an unprecedented exposure to a leading insurance and […]

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24
Jan
2019
Willis Re International appoints Brian Shea as Head of Strategic and Financial Analysis
Posted on 24th January 2019  By Mazin Shammas  and has No comment

Willis Re, the reinsurance division of Willis Towers Watson, the leading global advisory, broking and solutions company (NASDAQ:WLTW) has announced the appointment of Brian Shea as Managing Director and Head of Strategic and Financial Analysis for Willis Re International. Effective 1 January 2019, Shea will continue […]

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23
Jan
2019
Lloyd’s approves Waypoint as A&H coverholder for ArgoGlobal
Posted on 23rd January 2019  By Mazin Shammas  and has No comment

Waypoint Underwriting Management, LLC today announced it has obtained coverholder approval to underwrite Accident and Health (A&H) products on behalf of ArgoGlobal Syndicate 1200 at Lloyd’s. Waypoint is a specialty managing general underwriter that offers insurance and reinsurance solutions to clients in the U.S. “This is […]

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23
Jan
2019
Ed announces 67% PPL usage rate and backs call for brokers’ PPL league tables
Posted on 23rd January 2019  By Mazin Shammas  and has No comment

Ed, the global reinsurance, wholesale and specialty insurance broker, is pleased to announce that it placed 67% of firm orders through the London market’s joint electronic placement system between August and November of 2018. Responding to PPL chairman Bronek Masojada’s call for the publication of a […]

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22
Jan
2019
DARAG announces transaction with DONAU Versicherung AG
Posted on 22nd January 2019  By Mazin Shammas  and has No comment

DARAG Group Limited, a leading legacy acquirer, today announced it has agreed to purchase a portfolio of Italian non-life business, consisting primarily of Motor Third Party Liability from DONAU Versicherung AG (“DONAU”). The transaction is subject to approval by the relevant local authorities. The transaction comprises […]

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16
Jan
2019
Willis Re: Multiple smaller catastrophes deliver average insured-loss year in 2018
Posted on 16th January 2019  By Mazin Shammas  and has No comment

Insured losses from major natural catastrophes in 2018 totalled roughly $71.5 billion, only slightly more than the annual average since 2011 but the third-highest total during the eight-year period, according to the Summary of Natural Catastrophe Events 2018 report, published today by Willis Re, the reinsurance […]

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15
Jan
2019
ArgoGlobal Assicurazioni S.p.A uses Insurtech to provide Italian Gig Workers with On-demand Insurance
Posted on 15th January 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, is working with Axieme, a specialised broker connected to Jobby, one of Italy’s most innovative digital platforms, to respond to a need for on-demand, pay-as-you-go insurance […]

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9
Jan
2019
Argo Group renews Harambee Re Sidecar for 2019
Posted on 9th January 2019  By Mazin Shammas  and has No comment

Argo Group International Holdings, Ltd. (NYSE: ARGO), an international underwriter of specialty insurance and reinsurance products, today announced the renewal of Harambee Re Limited as Argo Group’s sidecar reinsurer for 2019. Launched in 2013, the sidecar continues Argo Group’s successful track record of building relationships with […]

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8
Jan
2019
Argo Group Appoints Bill Wharton to Head of Argo Insurance Bermuda
Posted on 8th January 2019  By Mazin Shammas  and has No comment

Nigel Mortimer to lead International Casualty Argo Group International Holdings, Ltd. (NYSE: ARGO), an international underwriter of specialty insurance and reinsurance, today announced the appointment of Bill Wharton to Head of Argo Insurance Bermuda, effective immediately. Wharton will also continue as Head of Professional Lines in […]

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8
Jan
2019
Neon sponsors second NCM Re transaction
Posted on 8th January 2019  By Mazin Shammas  and has No comment

Neon today announces that it has successfully raised third party capital to support its second ILS transaction through its UK-based transformer vehicle (NCM Re). This marks the first reinsurance renewal under the UK’s nascent regulatory regime for alternative capital investment in the reinsurance sector. The transaction, […]

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8
Jan
2019
Gary Grose named interim leader of Argo Group’s Colony Specialty Business
Posted on 8th January 2019  By Mazin Shammas  and has No comment

Ron Vindivich announces retirement Argo Group U.S., member of Argo Group International Holdings, Ltd. (NYSE: ARGO), today announced Gary Grose, Argo Group head of marketing and producer management, will serve as the interim head of Colony Specialty in addition to his current responsibilities, effective immediately. The […]

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7
Jan
2019
Hawkins succeeds Matson as Compre CFO
Posted on 7th January 2019  By Mazin Shammas  and has No comment

Compre, the independent legacy acquirer, today announces the appointment of Simon Hawkins as chief financial officer, effective immediately. He succeeds Paul Matson, who played a key role in Compre’s substantial growth over the last three years and completed a four-month handover to Hawkins before departing at […]

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7
Jan
2019
Arthur J. Gallagher & Co. signs definitive agreement to acquire Stackhouse Poland Group Limited
Posted on 7th January 2019  By Mazin Shammas  and has No comment

Arthur J. Gallagher & Co. today announced that it has signed a definitive agreement to acquire 100% of specialist UK insurance broker Stackhouse Poland Group Limited (“Stackhouse Poland”). The transaction is subject to regulatory approval and is expected to close in the first quarter 2019. Founded in […]

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7
Jan
2019
Pool Re returns contingency cover against terrorist acts to the commercial reinsurance market
Posted on 7th January 2019  By Mazin Shammas  and has No comment

Pool Re today announced that as a result of sufficient capacity now existing within the commercial insurance and reinsurance markets to cover contingency losses arising from acts of terrorism, it will cease to reinsure Members for the contingency cover they provide to their insureds. The state-backed […]

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2
Jan
2019
Contrasting realities for 2019 reinsurance renewals: Willis Re 1st View
Posted on 2nd January 2019  By Mazin Shammas  and has No comment

Reinsurance placements at 1 January 2019 highlight a pricing gap between accounts with peak peril exposures or poor loss records and the rest, with many reinsurers placing emphasis on the quality of client counterparties, according to the latest 1st View renewals report from Willis Re, the […]

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21
Dec
2018
Neon announces senior management promotions  
Posted on 21st December 2018  By Mazin Shammas  and has No comment

Neon Underwriting Limited (“NUL”), Neon’s Lloyd’s Managing Agency, today announces the promotions of Theo Butt to Chief Executive Officer and Matthew Washington to Managing Director with immediate effect, subject to Lloyd’s and PRA approval. Theo joined Neon Holdings Limited (“Neon Holdings”) earlier this year as Group […]

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20
Dec
2018
Compre receives regulatory approval for Generali legacy transaction
Posted on 20th December 2018  By Mazin Shammas  and has No comment

Compre, the independent (re)insurance legacy specialist, confirms that regulatory approval has been received from IVASS, the Institute for the Supervision of Insurance in Italy, and all other relevant regulators for the previously disclosed acquisition of two portfolios from Assicurazioni Generali S.p.A. (“Generali”). This transaction provides legal […]

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