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Markel Specialty appoints programmes head

Markel Specialty has hired Stephen Leeret to lead its delegated authority programmes business, the company announced today (8 June)

Matthew Neill, 08 June 2016
Blackstone frontrunner for $2bn Acrisure sale

Private equity firm Blackstone is in advanced discussions with Genstar Capital to acquire US brokerage Acrisure, according to a Reuters report.

Catrin Shi, 08 June 2016
China insurance exchange launch imminent

A Chinese insurance exchange will launch in Shanghai this weekend, the South China Morning Post has reported

Fiona Robertson, 08 June 2016
Singapore regulator to launch fintech ‘sandbox’

The Monetary Authority of Singapore (MAS) today (8 June) published a consultation paper into proposed guidelines for a "regulatory sandbox" that enables financial institutions and non-financial players to experiment with fintech ideas

Catrin Shi, 08 June 2016
Former RSA subsidiary in $5mn Polish ad row

Polish general insurance company Link4 is facing a 20mn złoty ($5.2mn) class action suit from 35 brokers in the country after it launched an ad campaign depicting "sad, helpless, tearful" insurance agents.

Dan Ascher, 08 June 2016
XL ups annual cost synergies estimate again to $500mn

XL Group has significantly raised its estimate for cost synergies from last year's merger with Catlin from $300mn a year to $500mn by year-end 2017.

07 June 2016
Epsilon enters PI market with Thistle hires

Epsilon Group, the owner of Lloyd's broker ES Risks, is set to enter the professional indemnity (PI) market for the first time after hiring a team of underwriters from JLT-owned managing general agency (MGA) Thistle.

Charlie Thomas, 07 June 2016
JLT Specialty brings in UK PI head

JLT Specialty's financial lines group has hired Martin Ellis as the head of UK professions, effective from 4 July

Charlie Thomas, 07 June 2016
UK sees spike in D&O claims: Marsh

Directors' and officers' (D&O) insurance claims in the UK have increased by more than 300 percent since the financial crisis, according to data released by Marsh.

Charlie Thomas, 07 June 2016
Homand becomes Ironshore property CUO

Ironshore has appointed former American International Group (AIG) executive Shawn Homand chief underwriting officer of global property, the Bermuda-headquartered specialty insurer announced today (7 June)

Dan Ascher, 07 June 2016

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