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XL Innovate raises backing of IoT startup Notion

XL Group’s venture finance arm raised its investment in Notion, an Internet of Things (IoT) startup, contributing to a “series A” funding round that delivered about $10mn to the producer of remote home monitoring systems.

Ted Bunker, 15 June 2017
CNA pulls affinity and MGAs into single unit

CNA Specialty is setting up a new unit to manage its MGA network and affinity insurance business.

Bernard Goyder, 14 June 2017
AIG in EUR1bn bond offering

AIG is raising EUR1bn ($1.12bn) in the European fixed income market, the US P&C giant said in a stock exchange filing.

Bernard Goyder, 14 June 2017
Munich Re lead reinsurer for Grenfell Tower carrier

Munich Re is the lead reinsurer for the Norwegian carrier Protector Forsikring ASA, which insures the Grenfell Tower in west London that was devastated by a fire on Tuesday night.

Catrin Shi, 14 June 2017
Pipoly to stay on at AmTrust

US carrier AmTrust has agreed a new contract with former CFO Ron Pipoly, who is to continue as an executive vice president at the company

Bernard Goyder, 14 June 2017
Belgium says more carriers to follow Lloyd’s to Brussels

More UK carriers will follow Lloyd's and QBE in establishing their EU subsidiaries in Brussels, according to a senior official at the Belgian Finance Ministry.

Laura Board, 14 June 2017
Protector Forsikring is insurer for Grenfell Tower

Norwegian insurer Protector Forsikring ASA is the insurer of the Grenfell Tower in west London that was devastated by a fire overnight, according to reports

Catrin Shi, 14 June 2017
Carnegie-Brown steps down from JLT board

JLT has revealed that incoming Lloyd's chairman Bruce Carnegie-Brown will step down as a non-executive director of its board today ahead of taking up his new role at the helm of the Corporation.

Dan Ascher, 14 June 2017
CBL Insurance backs M&A MGA

Directors of Lloyd's broker Protean Risk have set up an MGA to sell M&A insurance, backed by New Zealand carrier CBL Insurance.

Bernard Goyder, 14 June 2017
Willis Towers Watson revamps corporate broking leadership team

Willis Towers Watson has restructured its global broking leadership team within the corporate risk and broking (CRB) division, appointing leaders for four global business lines and four geographic regions.

Catrin Shi, 14 June 2017

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