March loss bill from US storms approaches $2bn: Aon
A series of severe storms across the US in March have caused damages approaching $2bn, according to the latest global catastrophe recap report from Aon.
Aon launches unit to support distressed clients
Aon has launched a new US-focussed unit dedicated to supporting distressed companies as they consider bankruptcy or a wider restructuring, The Insurer can reveal.
Ex-AGCS specialty CUO O’Neill resurfaces as RKH Specialty APAC leader
RKH Specialty has appointed Paul O’Neill as chief executive officer of its Asia Pacific operation, with the former Allianz Global Corporate & Specialty (AGCS) executive returning to the industry after an eight-month hiatus.
Carriers and reinsurers wary about new programs in MGA space
BMS has reported that Covid-19 is making carriers and reinsurers circumspect about taking on new programs while MGAs are seeing a lag in business activity because of the outbreak.
Gallagher names Collings UK broking and placement MD
Broker Arthur J Gallagher has promoted Simon Collings to the role of managing director of its national broking and placement team, part of the UK retail division, to replace Mark Armitage who retired in March.
Protecdiv adds former Texas commissioner Montemayor to board
Philadelphia-based broker Protecdiv has added Jose Montemayor to its board.
Ex-AGCS specialty CUO O’Neill resurfaces as RKH Specialty APAC leader
RKH Specialty has appointed Paul O’Neill as chief executive officer of its Asia Pacific operation, with the former Allianz Global Corporate & Specialty (AGCS) executive returning to the industry after an eight-month hiatus.
Gallagher names Collings UK broking and placement MD
Broker Arthur J Gallagher has promoted Simon Collings to the role of managing director of its national broking and placement team, part of the UK retail division, to replace Mark Armitage who retired in March.
Protecdiv adds former Texas commissioner Montemayor to board
Philadelphia-based broker Protecdiv has added Jose Montemayor to its board.
Carriers and reinsurers wary about new programs in MGA space
BMS has reported that Covid-19 is making carriers and reinsurers circumspect about taking on new programs while MGAs are seeing a lag in business activity because of the outbreak.
Orchid appoints RSG’s Garamoni CFO
US property catastrophe managing general underwriter Orchid Underwriters Agency has appointed Michael Garamoni as chief financial officer.
R&Q sells UK MGA Trilogy to Lloyd’s coverholder Resolution Underwriting
R&Q MGA Limited has sold its stake in technical underwriting MGA Trilogy to Resolution Underwriting Holdings for an undisclosed sum.