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ArgoGlobal appoints cargo underwriter
Lloyd's managing agent ArgoGlobal has appointed Darren Long as cargo underwriter effective immediately, it announced today (5 July).
05 July 2016
IUA elects six board members
The International Underwriting Association (IUA) has elected six London market executives to its board, the organisation announced today (5 July).
05 July 2016
Nexus moves into marine with HK MGA acquisition
Expansive managing general agency (MGA) Nexus Underwriting Management has acquired 100 percent of Hong Kong-based marine MGA Beacon Underwriters.
05 July 2016
MSI hopes to usher Japanese corporates to ILS
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.
04 July 2016
Probitas expands casualty team with Beaumont hire
Probitas Lloyd's Syndicate 1492 has expanded its casualty offering with the appointment of Richard Beaumont, it announced today (4 July)
04 July 2016
BP Marsh exits Hyperion stake
UK-headquartered insurance venture capitalist BP Marsh has sold its final 1.6 percent stake in broker Hyperion, it announced on Friday (1 July)
04 July 2016
PRA defers SII external audit decision
UK regulator the Prudential Regulation Authority has deferred its decision on whether carriers can use external auditors to assess their Solvency II capital disclosures, it announced today (4 July)
04 July 2016
CIRC expands insurer infrastructure investment
The China Insurance Regulatory Commission (CIRC) has amended its investment rules to allow insurers in the country to invest in infrastructure projects
04 July 2016
Sirius Bermuda gets A rating with negative outlook
Sirius' new Bermuda-based company has been assigned an A financial strength rating by AM Best, with a negative outlook that reflects the credit profile of its new parent China Minsheng Investment (CMI).
04 July 2016
Capita appoints Powell as chairman
Insurance outsourcing agency Capita has announced the appointment of Ian Powell as non-executive chairman from 1 September 2016
04 July 2016
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