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Assured Guaranty has slammed the Financial Oversight and Management Board’s (FOMB) Plan of Adjustment, which aims to restructure $35 billion of debt and other claims against institutions in Puerto Rico. 3 October 2019
Life
Chubb has promoted Joe Vasquez, senior vice president of Chubb Group and head of the global accident and health insurance business, to the role of president of combined insurance. 2 October 2019
News
A wholly owned subsidiary of Enstar Group has completed a previously announced transaction to reinsure a number of the US asbestos and environmental liability insurance portfolios of Zurich North America. 2 October 2019
Life
Willis Re, the reinsurance business of Willis Towers Watson, has hired Donald Harrell as managing director and chief operating officer of Willis Re Specialty. 2 October 2019
News
Assured Guaranty US Holdings has completed the acquisition of alternative asset management firm BlueMountain Capital Management. 2 October 2019
News
Markel International has sold its insurance operations in Brazil to its existing executive team. The executive team acquired all the shares in Markel Seguradora do Brasil effective October 1, 2019, and are now its sole shareholders. 1 October 2019
Life
Everest Insurance has hired Kurt Hines as vice president of underwriting in the specialty insurance group (SIG). 1 October 2019
News
Sompo International Holdings has expanded its strategic partnership with Pharm3r, a life science and healthcare data analytics company, in a move it said will enhance its US life sciences risk modeling capabilities. 1 October 2019
Life
Armour Group has appointed Yulia Bruskova as the group’s chief risk officer. Bruskova will assume her new position in November, reporting to Brad Huntington, chairman and CEO, and the appropriate governance committees. 1 October 2019
News
MS Amlin has developed a new underwriting strategy that involves redeploying its capital and management focus where it believes underwriting expertise is critical and products are not commoditised. 1 October 2019
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