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Aon Benfield unveils new Chile CEO
Aon Benfield has named Joe Smith as CEO of its Chile broking team.
20 December 2013
Hamburger Internationale MD to join Compre
Hubertus Labes, the managing director of Hamburger Internationale (HIR), is to join Compre as part of its deal to buy the German holding company from Tawa.
20 December 2013
Hamburger Internationale MD to join Compre
Hubertus Labes, the managing director of Hamburger Internationale (HIR), is to join Compre as part of its deal to buy the German holding company from Tawa.
20 December 2013
Troubled Tawa breaks itself up
Troubled run-off acquirer Tawa plc has announced plans to demerge its services and run-off businesses and sell its German subsidiary Hamburger Internationale (HIR) to rival Compre for a net consideration of EUR3.2mn.
20 December 2013
‘Bifurcated’ reinsurance market to drive M&A
The ‘bifurcated' market developing in reinsurance is expected to fuel increased mergers and acquisitions activity in the sector, according to JMP Securities analyst Matt Carletti.
20 December 2013
Willis appoints head of casualty
Global insurance broker Willis has appointed Seth Peller, currently chief executive of its Argentina unit, to the newly created role of global head of casualty, the firm said today (20 December).
20 December 2013
Catalina announces Apollo deal completion
Private equity firm Apollo Global Management has completed the acquisition of bailed-out UK bank RBS's stake in Catalina Holdings as well as participating in an additional $200mn capital-raising for the run-off specialist.
20 December 2013
United P&C wins Georgia authorisation
Expansive Florida-based insurer United Property & Casualty Insurance (UPC) is to begin writing P&C business in Georgia after being approved by the state's insurance department, it said late yesterday (19 December).
20 December 2013
Third Point Re hires former Endurance exec
Hedge fund-backed reinsurer Third Point Re has hired former Endurance executive Nicholas Campbell as senior vice president of underwriting.
20 December 2013
AIG confirms $400mn Tradewynd cat bond placement
AIG confirmed it has acquired $400mn of collateralised reinsurance with its second Tradewynd Re catastrophe bond, as the insurance premium on the deal softened significantly from the insurer's first Tradewynd Re deal in July.
20 December 2013
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