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  • The UK's momentous decision to leave the European Union has eclipsed everything else in the news agenda in the days since the verdict was delivered, and ushered in a period of fevered political interest.
  • Axis Capital and Blackstone-backed total return reinsurer Harrington Re has launched after completing a $600mn capital raise and securing an A- financial strength rating from AM Best.
  • Ben Amphlett has joined Tokio Marine Kiln (TMK) as deputy aviation underwriter to develop a new aviation contingency product for the carrier.
  • XL Catlin has appointed Oliver Miloschewsky as regional product leader for Asia Pacific hull and yacht business, the carrier announced today (5 July)
  • Lloyd's managing agent ArgoGlobal has appointed Darren Long as cargo underwriter effective immediately, it announced today (5 July).
  • The International Underwriting Association (IUA) has elected six London market executives to its board, the organisation announced today (5 July).
  • Expansive managing general agency (MGA) Nexus Underwriting Management has acquired 100 percent of Hong Kong-based marine MGA Beacon Underwriters.
  • Mitsui Sumitomo Insurance is looking to introduce Japanese corporates to the insurance-linked securities (ILS) market, with the company offering to issue cat bond transactions on their behalf, according to local media reports.
  • Probitas Lloyd's Syndicate 1492 has expanded its casualty offering with the appointment of Richard Beaumont, it announced today (4 July)
  • UK-headquartered insurance venture capitalist BP Marsh has sold its final 1.6 percent stake in broker Hyperion, it announced on Friday (1 July)