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XL Catlin completes Australian acquisition

XL Catlin has completed its acquisition of Australian underwriting agency and Lloyd's approved coverholder Brooklyn Underwriting.

Winifred Okocha, 04 October 2016
Brit expands US marine team

Brit Global Specialty USA has appointed Will Frohne and Craig McGinnes to its newly formed marine business, it announced today.

Winifred Okocha, 04 October 2016
Mapfre takes controlling stake in Indonesian carrier

Spanish carrier Mapfre has purchased a 31 percent stake in Indonesian insurer Asuransi Bina Dana Arta (ABDA) for EUR92mn ($102.8mn), upping its position to a 51 percent majority holding in the company.

Matthew Neill, 04 October 2016
Hamilton picks Maag to build out US platform

Hamilton Insurance Group has named Seraina Maag as CEO of its US insurance platform, tapping the AIG veteran to replace Bob Deutsch, the chief strategy officer who filled the role on an interim basis.

Ted Bunker, 03 October 2016
African non-life premiums stand at $20.4bn

Non-life premiums in Africa amounted to $20.4bn in 2015, according to a report released today by consultancy Dr Schanz, Alms & Company

Winifred Okocha, 03 October 2016
JLT Re hires workers’ comp SVP in US

JLT Re North America has appointed John Speckman as a senior vice president in its Connecticut office, it announced today

Winifred Okocha, 03 October 2016
France attempts to lure insurers post-Brexit

The Autorité de contrôle prudentiel et de résolution (ACPR) and the Autorité des marchés financiers (AMF) have pledged to simplify and speed up licensing procedures for UK-based firms that want to set up operations in France

Winifred Okocha, 03 October 2016
Motor premiums could drop 80% by 2040: report

The global motor insurance sector could see premiums fall by up to 80 percent in mature markets by 2040 as disruptive trends buffet the industry, according to Boston Consulting Group (BCG) and Morgan Stanley.

Matthew Neill, 03 October 2016
Cyber tops list of transport industry fears

Heightened security threats from cyber and data privacy breaches has topped a poll of transport industry executives' risk concerns, according to Willis Towers Watson

Matthew Neill, 03 October 2016
Property exec Burnett leaves Everest for XL Catlin

Kyle Burnett has become the latest property underwriting executive to leave Everest National after taking a position with XL Catlin, The Insurance Insider can reveal.

David Bull, 03 October 2016

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