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MS Amlin will acquire US managing general agency (MGA) International Transportation and Marine Office (ITMO) and its associated subsidiaries, including International Transportation & Marine (ITMA). 7 April 2021
News
Gallagher has acquired Oslo-based marine and energy broker Parisco. 7 April 2021
Life
AXA XL has appointed Sundeep Khera as global head of hull and head of marine, UK and Lloyd’s market. 7 April 2021
News
Everest Insurance has appointed Michael Cipolla as head of the excess and surplus (E&S) primary casualty unit. 7 April 2021
News
International General Insurance (IGI) reported a steady increase in its profitability for the full year in 2020, with new business seen across most lines of business and the improved pricing environment contributing to the positive picture for the business. 6 April 2021
News
Athora returned to profitability in 2020, with its acquisition of VIVAT, now called Athora Netherlands, proving “transformative” to the business and setting it up for further success in the future, its chief executive said. 6 April 2021
Re/insurance
Activity and interest in the life and annuity sector has been rising in Bermuda, with a number of factors on the supply and demand sides of the equation aligning to drive growth in the business. Damian Cooper of PwC Bermuda outlines some of the factors driving this growth and explains why the Island has found itself at the heart of it. 6 April 2021
Life
Aeolus Capital Management has appointed Andy Richardson as a portfolio manager. 6 April 2021
News
PartnerRe will redeem three classes of preferred shares in May. 1 April 2021
News
International General Insurance Holdings (IGI) has hired Richard Foster in London as head of property, political violence and contingency. 1 April 2021
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