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17
Sep
2019
Ed bolsters Risk Solutions with senior hire
Posted on 17th September 2019  by Mazin Shammas  and has No comment

Ed, the global reinsurance, wholesale and specialty broker, today announces the appointment of Simon Stovell as Divisional Director for the Risk Solutions team. Stovell begins with immediate effect and will report to Stephen Louden, Managing Director, Risk Solutions. Stovell brings more than 30 years of industry […]

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11
Sep
2019
BMS appoints Neil Prior as Director in the Global Risks division
Posted on 11th September 2019  by Mazin Shammas  and has No comment

BMS Group (“BMS”), the independent specialist (re)insurance broker, today announced the appointment of Neil Prior as Director in BMS’s Global Risks division, reporting to Ian Gormley, Managing Director at BMS. The appointment is effective on September 16. Prior will support the Global Risks division by developing […]

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11
Sep
2019
BGC Insurance expands global aviation brokerage to include aircraft finance solutions
Posted on 11th September 2019  by Mazin Shammas  and has No comment

BGC Insurance Group (BGCI), a division of BGC Partners Inc. (NASDAQ: BGCP), a leading global brokerage and financial technology company, today announced that Kostya Zolotusky will be joining as Managing Partner of the recently announced Aviation Industry Financial Solutions Division. Based in Seattle, Zolotusky starts with […]

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10
Sep
2019
Lloyd’s Market Association appoints LMA Academy Director and Chairman
Posted on 10th September 2019  by Mazin Shammas  and has No comment

The Lloyd’s Market Association (LMA) has announced the appointment of Fiona Temple as LMA Academy Director, starting this week, and Matthew Wilson, Group CEO at Brit Limited, as Chairman of the LMA Academy Committee, effective 25 September. The LMA Academy is the leading provider of technical […]

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10
Sep
2019
SOBC DARAG acquires New Mexico P&C Insurance Company
Posted on 10th September 2019  by Mazin Shammas  and has No comment

SOBC DARAG today announced that it has acquired New Mexico P&C Insurance Company in full, effective 1 September 2019. SOBC DARAG has received approvals from New Mexico OSI and Florida OIR for the transaction. It is the latest in a series of deals completed by SOBC […]

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09
Sep
2019
BMS appoints Gregg Holtmeier as chief strategy officer
Posted on 9th September 2019  by Mazin Shammas  and has No comment

BMS Group (“BMS”), the independent specialist (re)insurance broker, today announced the appointment of Gregg Holtmeier as chief strategy officer of BMS’s US reinsurance operations, reporting to Steve Korducki, US reinsurance CEO. The appointment is effective immediately. Holtmeier will join the BMS US Management Committee and will […]

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06
Sep
2019
Skuld again reports positive half-year results
Posted on 6th September 2019  by Gavin Warren  and has No comment

Leading marine insurance provider Skuld today announces a positive result for the first six months of the 2019/20 policy year. Bottom-line net income was USD 2 million, compared with USD 14 million at the half-year of 2018/19. The result arises mainly from investment income and Skuld’s […]

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05
Sep
2019
Beach’s London Wholesale Division continues to expand
Posted on 5th September 2019  by Gavin Warren  and has No comment

Beach & Associates (“Beach” or “the Company”) is pleased to welcome Gavin Johns and Richard Emson to its London Wholesale Division. Johns and Emson join from JLT Re where they operated within the Facilities & Binders Division. They each bring over 30 years’ of industry experience […]

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05
Sep
2019
Franck Pinette appointed Life & Health leader for Willis Re International
Posted on 5th September 2019  by Gavin Warren  and has No comment

Willis Re, the reinsurance business of leading global advisory, broking and solutions company Willis Towers Watson (NASDAQ: WLTW), today announced the appointment of Franck Pinette as leader of its International Life & Health Practice with effect from 1st September, 2019. Franck joined Willis Re in early […]

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05
Sep
2019
Capsicum Re adds four to Cyber division
Posted on 5th September 2019  by Gavin Warren  and has No comment

Capsicum Re, the specialist reinsurance broker, is pleased to announce four appointments to its market leading cyber team. Umair Ghani and Thomas Lashkari have joined as a cyber pricing actuary and a cyber analyst respectively and report to Justyna Pikinska, Head of Analytics, Specialty Lines at […]

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05
Sep
2019
Pioneer Renewable Energy team expands with the appointment of Sam Bishop
Posted on 5th September 2019  by Gavin Warren  and has No comment

Pioneer Underwriters (“Pioneer”) is pleased to announce the appointment of Sam Bishop as an Underwriter in its Renewable Energy team. He is based in London and reports to Warren Diogo, Head of Renewable Energy at Pioneer. Sam brings ten years’ industry experience to Pioneer. He joins […]

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04
Sep
2019
Total reinsurance capital at H1 2019 increases 8% driven by strong investment markets: Willis Re
Posted on 4th September 2019  by Gavin Warren  and has No comment

Total capital dedicated to the global reinsurance industry measured USD 559 billion at the half-year point of 2019. This is an 8% increase from a re-stated USD 518 billion at year-end 2018[1], with strong investment markets being the main driver of the industry’s capital growth. These […]

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03
Sep
2019
Canopius adds senior actuary to expanding APAC operation
Posted on 3rd September 2019  by Gavin Warren  and has No comment

Canopius today announces the appointment of Mark Heydon as senior actuary to its recently-established branch, Canopius Australia & Pacific in Sydney. Mark will begin on September 30th and report to Claudio Saita, head of Australia & Pacific, and to Thomas Delor, chief actuary Asia Pacific. Having […]

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03
Sep
2019
Bruce Fine joins BGC Insurance Group’s new global aviation brokerage as Managing Partner
Posted on 3rd September 2019  by Gavin Warren  and has No comment

BGC Insurance Group (BGCI), a division of BGC Partners Inc. (NASDAQ: BGCP), a leading global brokerage and financial technology company, today announced that Bruce Fine will be joining its new global aviation and space (re)insurance brokerage as the Managing Partner for US Aviation and Aerospace as […]

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02
Sep
2019
ArgoGlobal Syndicate 1200 to Exit Asia
Posted on 2nd September 2019  by Gavin Warren  and has No comment

ArgoGlobal, the Lloyd’s insurer and member of Argo Group, today announced plans to exit Syndicate 1200 underwriting operations in Asia and most of its hull underwriting business within the syndicate. All existing policies remain valid and the company will manage claims handling through its London operation. […]

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02
Sep
2019
Capsicum Re and Swiss Re deliver holistic cyber reinsurance solution – Decrypt
Posted on 2nd September 2019  by Gavin Warren  and has No comment

Decrypt, a new holistic cyber reinsurance solution, is launched today by co-creators Capsicum Re, the specialist reinsurance broker, and Swiss Re. Decrypt provides a single, flexible, end-to-end solution to insurers’ cyber exposure challenges, including embedded, silent, and affirmative cyber risks. Decrypt’s modular approach is comprised of […]

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29
Aug
2019
Willis Re: Silent-cyber claims expectations decline across insurance lines and industry groups
Posted on 29th August 2019  by Mazin Shammas  and has No comment

The insurance sector is considerably less concerned about silent cyber exposures than it was in 2018. The finding applies to all commercial lines of business and industry groups, according to 2019 Silent Cyber Risk Outlook, the annual global survey by Willis Re, the reinsurance division of […]

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21
Aug
2019
DARAG appoints James Insley as CFO
Posted on 21st August 2019  by Mazin Shammas  and has No comment

DARAG, the leading legacy acquirer, today announces that James Insley has joined DARAG as Group CFO, reporting to Tom Booth, CEO, pending regulatory approval. The appointment is effective September 2, 2019. James Halley, current Group CFO, who during his time at DARAG assisted the completion of […]

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20
Aug
2019
Argo Group awards $10,000 “Sea Change” scholarship to St. John’s University student – awarded to a female student to encourage diversity in insurance
Posted on 20th August 2019  by Mazin Shammas  and has No comment

Argo Group International Holdings, Ltd. (NYSE: ARGO) (“Argo” or the “Company”) today announced that it has awarded a $10,000-scholarship to Mi Pham, a rising senior at St. John’s University’s School of Risk Management, Insurance and Actuarial Science in New York City. Pham, a Risk Management and […]

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20
Aug
2019
ArgoGlobal’s David Harris announces retirement – continues as strategic advisor through March 2020
Posted on 20th August 2019  by Mazin Shammas  and has No comment

ArgoGlobal, the Lloyd’s insurer and member of Argo Group, today announced David Harris will retire from his executive responsibilities in March of 2020. Until that time, he will continue with the company working on a number of strategic initiatives. With more than 35 years of insurance […]

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