May 19, 2015
ANV Holdings has unveiled a new consumer products team within Lloyd’s Syndicate 5820, reporting to Bruce Whitmee, who was recently appointed active underwriter (subject to regulatory approval). Based in London, the team of eight is headed by Sanjay Vara, head …
May 18, 2015
MSIG at Lloyd’s, the international specialty arm of Mitsui Sumitomo Insurance Group, has appointed Martin Eyres as property underwriting manager and promoted Andrew Dougall as head of property and casualty. Eyres, who will report to Dougall, has more than 30 …
May 14, 2015
The Lloyd’s Market Association (LMA) has announced six newly elected board members. They are: Andrew Brooks, CEO, Ascot Underwriting Stephen Eccles, active underwriter, Travelers Syndicate Management Richard Harries, CEO, Atrium Underwriters Andrew McMellin, chief executive – UK & Ireland, XL …
May 8, 2015
Beazley plc reported that first quarter premiums grew by 6 percent to $546 million, compared to $516 million in 2014. Beazley’s largest division, specialty lines, wrote $226 million during the first quarter, which is an increase of 19 percent compared …
May 8, 2015
MSIG at Lloyd’s has appointed Laura Wells as underwriter, property, and Matthew Radbourne as underwriter, power & utilities with immediate effect. Wells brings over 20 years’ industry experience to MSIG, having previously held the position of direct and facultative property …
May 6, 2015
Bermuda-based RenaissanceRe Holdings Ltd. reported net income available to RenaissanceRe common shareholders of $167.8 million, or $4.14 per diluted common share, in the first quarter of 2015, compared to $151.0 million, or $3.56, respectively, in the first quarter of 2014. …
May 4, 2015
XL Group plc Chief Executive Officer Mike McGavick said the insurer is looking to illiquid securities and infrastructure investments to boost portfolio yields squeezed by interest rates that are near record lows. “We can get a little bit into the …
April 24, 2015
Allied World Global Markets has appointed Toby Geyman, assistant vice president, Onshore Construction, to further develop the product line. Geyman will be responsible for underwriting major U.K. and international onshore construction projects, operating from both the company’s Lloyd’s and European …
April 15, 2015
Fairfax Financial Holdings Ltd. will sell as much as 30 percent of Brit plc to the Ontario Municipal Employees Retirement System two months after agreeing to buy the Lloyd’s of London insurer for $1.88 billion. Fairfax said Wednesday it reached …
April 14, 2015
DUAL, the underwriting agency arm of Hyperion Insurance Group, has opened its first office in The Netherlands. The Rotterdam office will initially write marine and energy lines with DUAL’s complete suite of products added over time, according to DUAL in …