Monthly Archives: <span>June 2015</span>

International General Insurance Appoints Curtis as CFO in UK

International General Insurance Holdings (IGIH) appoints Simon Curtis as chief financial officer at its IGI UK business in London as part of moves to grow the UK operation. Curtis has more than 20 years’ experience in accountancy and insurance, most …

AXIS Capital Not Engaged in Buyout Talks with Arch – Sources

AXIS Capital Holdings Ltd. has not communicated with any potential acquirer, including Arch Capital Ltd., since it engaged in merger talks with competitor PartnerRe Ltd last fall, people familiar with the matter said on Thursday. The Financial Times wrote on …

Hijacked Orkim Harmony Oil Tanker Released by Pirates Who Escape

The hijacked oil tanker Orkim Harmony has been released by pirates, who fled in the ship’s rescue boat, Malaysian navy and maritime officials said on Friday. The Orkim Harmony, hijacked on June 11 off the Malaysian coast by pirates reportedly …

QBE Europe to Grow Middle East Casualty Business; Parfitt Appointed

QBE European Operations has announced plans to grow its casualty business in the MENA region. Laetitia Parfitt joined the team in Dubai this week as senior casualty underwriter. Parfitt will be responsible for developing QBE’s casualty portfolio in the region …

Swiss Re to Expand Infrastructure Investments: Chief Investment Officer

Swiss Re AG Chief Investment Officer Guido Fuerer said the world’s second-biggest reinsurer would invest as much as 5 percent of its funds in infrastructure if securities used to fund projects were more easily tradeable. “The fact that we have …

Breckenridge Insurance Group Hires Industry Expert Chris Mitchell as Chief Technology Officer

Atlanta, GA, June 19, 2015 — Breckenridge Insurance Group has appointed industry-leading technology expert Chris Mitchell as the chief technology officer of the growing company. Mitchell was tapped for his known technology leadership of diverse teams within dynamic organizations. He …

Bankers Healthcare Group Launches Agency for Healthcare Professionals

In partnership with The Capacity Group, an insurance and financial services organization, the founders of Bankers Healthcare Group (BHG) have launched BHG Insurance Services (BHGIS), a licensed agency designed to provide customized insurance exclusively to healthcare professionals. BHG President and …

West Virginia Looks to Tackle Highest Drug Overdose Rate in Nation

West Virginia has the highest rate of overdose deaths in the U.S., according to a report released this week, further spotlighting Appalachia’s festering drug abuse problem that is also fueling a rise in hepatitis C in one of the nation’s …

MarketScout Adds Underwriters to Private Client Division in Southeast

MarketScout, the national electronic insurance exchange and specialty MGA headquartered in Dallas, Texas, has expanded its Private Client Solutions (PCS) division with three new hires. According to Daniela Finch, MarketScout’s National managing director, Private Client Solutions the hirings continue MarketScout’s …

Florida Man Attempts to Blow up Foreclosed Home with Bowling Ball

Authorities say a South Florida man who didn’t want a bank to sell his foreclosed home tried to blow it up using a bowling ball as an explosive. The South Florida Sun-Sentinel reports 21-year-old Tyler Butler was arrested Monday on …