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Marsh McLennan names Doyle group president, COO and South Marsh CEO

Marsh McLennan has appointed Marsh CEO John Doyle as group president and COO, with Marsh US president Martin South succeeding him as CEO of Marsh.

Samuel Casey, 18 November 2021
Watchdog pressure on dividends a ‘disaster’ for industry: Allianz’s Bäte

European regulation on dividends is a “disaster” for the insurance industry and “shouldn’t repeat itself”, according to Allianz CEO Oliver Bäte, speaking during the S&P Global Ratings European insurance conference.

Luke Harrison, 18 November 2021
Willis’s Battersby to resurface at Price Forbes

Willis Towers Watson’s James Battersby is to join Price Forbes as executive director for natural resources, Insurance Insider understands.

Rachel Dalton, 18 November 2021
Brit strikes $380mn loss portfolio transfer deal with RiverStone

Brit has completed a loss portfolio transfer (LPT) agreement with RiverStone International, primarily for legacy years of account for select classes of business written by Syndicate 2987, for liabilities of around $380mn.

Rachel Dalton, 18 November 2021
MDS Re’s Carvalho appointed head of BMS Re Brazil’s fac team

BMS Re has appointed Pedro Carvalho as head of BMS Re Brazil’s facultative department, effective immediately.

Luke Harrison, 18 November 2021
Hiscox promotes Breeze to interim group CFO

Hiscox has appointed Liz Breeze as interim group CFO while the company searches for a permanent hire for the role, following the promotion of Aki Hussain to CEO designate.

Rachel Dalton, 18 November 2021
CFC’s Walsh: There’s no need to go public to scale a business anymore

In an interview, group CEO David Walsh and CEO Graeme Newman discussed securing growth, technology and the importance of capital optionality following CFC’s most recent PE buy in.

Luke Harrison, 18 November 2021
Ardonagh Q3 adjusted Ebitda rises over 30% to £85.4mn

Expansive intermediary Ardonagh Group reported adjusted Ebitda of £85.4mn ($114.9mn) for the third quarter, up 30.9% year-on-year, as the business also saw organic income growth of 10%.

Rachel Dalton, 17 November 2021
Aviva explores launch of Lloyd’s syndicate

It has been suggested that a Lloyd’s syndicate could provide a neat solution to the licensing needs of its growing specialty business.

Catrin Shi, 17 November 2021
Axa XL bolsters hull team with AGCS’s Wells

Allianz Global Corporate & Specialty (AGCS) hull underwriter Matthew Wells has resigned to join Axa XL, Insurance Insider can reveal.

Samuel Casey, 17 November 2021

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