credit and surety News

MGA Rokstone Launches Credit and Surety Treaty Division

Rokstone, the London-based speciality re/insurance MGA, part of the Aventum Group, has launched a Credit & Surety Treaty division. Rokstone has appointed Luis Antonio Ibรกรฑez as the portfolio manager to lead the division, based in Madrid. The division has secured …

Xenia Buys Majority Stake in Hong Kong’s Capstone Insurance Brokers

Xenia Broking Group Ltd., the credit insurance and surety specialist broker, announced it has acquired a majority stake in Capstone Insurance Brokers Ltd., a Hong Kong-based insurance broker with specialist expertise in financial lines and digital asset insurance. This acquisition …

People Moves: Aon Reinsurance Appoints 6; TigerRisk Hires Edwards from Lloyd’s; Nexus Names Tan Head of Treaty; Riveros to AXIS Re for Credit & Surety

This edition of International People Moves details reinsurance-related appointments at two brokers: Aon Reinsurance Solutions and TigerRisk as well as MGA Nexus and AXIS Re. A summary of these new hires follows here. Aon Transforms Reinsurance Solutions Team with 6 …

People Moves: Willis Re’s Loggie to TigerRisk; Aon’s Lee to Lockton Re; Wakam’s Mebarki to Miller

These international People Moves detail appointments at three insurance brokers: TigerRisk Partners, Lockton Re and Miller. A summary of these new hires follows here. TigerRisk Partners LLC, the Stamford, Conn.-based global insurance and reinsurance broker, announced it will appoint James …

People Moves: Aon’s Bonner to TigerRisk; Trivitt Promoted at AXIS, RSA’s Birre Julvรฉcourt to BHSI in France

This wrap-up of international People Moves details recent appointments at TigerRisk Partners (which is launching a global trade credit, surety and political risk business); AXIS Insurance, and Berkshire Hathaway Specialty Insurance (which has launched a full line of marine insurance …

Xenia Broking to Acquire Status Credit Insurance Brokers in UK

Xenia Broking Group, the credit insurance and surety specialist, announced it has entered into an agreement to acquire Status Credit Insurance Brokers Ltd., a specialist trade credit broker, headquartered in East Grinstead, England. The transaction will complete in April 2021, …

Arch Re to Buy Aspen Re’s Global Credit and Surety Reinsurance Business

Arch Reinsurance, a subsidiary of Arch Capital Group Ltd., is acquiring Aspen Reinsurance’s global credit and surety reinsurance business after Aspen Re decided to exit the line. In addition to the renewal rights on the portfolio, Arch and Aspen have …

JLT Re Hires Guy Carpenter’s MacColl to Head Credit, Surety for North America

JLT Re (North America) has appointed Scott MacColl as head of Credit and Surety for North America. In addition to his role in North America, he will be working with global teams to help build out this specialized practice area …

QBE Relocates Wulff to Hong Kong, Anticipating Growth of Credit & Surety in Asia

QBE Emerging Markets – Asia Pacific announced that its group general manager of Credit & Surety, Richard Wulff, will be relocating to Hong Kong from Singapore, effective January 2016. Wulff is relocating to support the Asia Pacific teams and the …

UPDATE: S&P Sees No Rating Change for Ariel Re from C&S Sale to Arch

Standard & Poor’s Ratings Services has followed up on its analysis of its ratings for Bermuda-based Ariel Reinsurance Co. Ltd. following the announcement that it is selling its Bermuda-based business to Arrow, a unit of Goldman Sachs, and its credit …