Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that Giles Quartly has joined the company senior vice president, head of International Casualty Insurance. Quartly will be responsible for Endurance’s international general liability …
A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit ratings of “a+” of Beazley’s Lloyd’s Syndicates Syndicates 2623, 623, 3623 and 3622. The outlook for all ratings remains positive. A.M. Best also has affirmed …
Specialist Lloyd’s underwriter Marketform announced that Darren Lednor, formerly the active underwriter of Ariel Syndicate 1910 and 6117, has joined as chief underwriting officer. Lednor has been working in the insurance industry for 20 years across both the London and …
ANV Global Services Ltd., the managing general underwriter (MGU) segment of specialty insurance group ANV Holdings, announced an increase in its Lloyd’s underwriting capacity for mergers and acquisitions insurance. The increased line offers a limit of €30 million ($32.7 million) …
Specialist Lloyd’s underwriter Marketform announced it no longer will write general liability business. This decision forms part of a broader strategic review of the business, which included an assessment of Marketform’s general liability account. “Alongside its shareholder, American Financial Group, …
Towergate and its subsidiary Arista, a Lloyd’s coverholder, have formed a partnership with the insurer Ageas, which will provide capacity of £60 million ($82.9 million), each year for the next five years. The capacity will be used for Arista’s commercial …
Strength of capital and good enterprise risk management are two of the main reasons the global reinsurance industry will be able to maintain a stable outlook during 2016 from Standard & Poor’s Ratings Services, despite the many competitive pressures it …
The U.K.’s looming in/out referendum on European Union membership, which may come as early as June, has sparked jitters, with analysts predicting declines in everything from London property prices to the pound. But what would so-called Brexit really mean for …
Sanford “Sandy” Weill, the former head of Citigroup Inc., has stepped down as chairman of Hamilton Insurance Group, the Bermuda-based company backed by quantitative hedge fund firm Two Sigma Investments. Weill, 82, is retiring effective immediately, and will be replaced …
Liberty Specialty Markets, part of Liberty Mutual Insurance Group, has promoted Mike Gosselin to the role of chief underwriting officer for specialty, while also naming David Saillen as head of fine art & specie – Continental Europe. An industry veteran …
