Richard Taylor – HDI

HDI Global Specialty targets Eur2.1bn GWP by 2024

2020-01-17T14:42:00+00:00

London-headquartered HDI Global Specialty has set its sights on generating Eur2.1bn of gross written premium by its fifth full year of trading, with the business aiming to take advantage of the disruption within the London Market and seeking further European expansion.

Jackie Quintal – MMC

Marsh hires Aon’s Quintal for US FI team

2020-01-16T16:42:00+00:00

Marsh has brought in Jacqueline Quintal from rival Aon as a managing director within its US financial institutions practice.

Raoul Carlos – Castel

Arch moves Carlos to Castel as specialty head

2020-01-16T10:12:00+00:00

Arch Capital-owned MGA Castel Underwriting Agencies has appointed Raoul Carlos as head of specialty, in a move that will see him transition from his energy-focused role at Arch Insurance.

Ukrainian passenger plane crash

Iran sanctions to delay settlement of Ukrainian Airlines claims

2020-01-15T12:50:00+00:00

Underwriters on the hook for the Ukrainian International Airlines (UIA) flight that was shot down by an Iranian missile are likely to withhold payment for the claim over fears of inadvertently breaking international sanctions, The Insurer understands.

Hertz, Tokio Marine and AIG

AIG and Tokio attempt to steer clear of $23mn Hertz payout

2020-01-14T22:32:00+00:00

Hertz’s D&O insurers have asked a New York court to rule that the car rental company is not entitled to an insurance payout related to a settlement with the US Securities and Exchange Commission.

RKH-specialty-Singapore-port

RKH Specialty adds to A&H with director Putnam

2020-01-14T13:10:00+00:00

Hyperion-owned RKH Specialty has hired Richard Putnam as a divisional director of healthcare.

Raoul Carlos – Castel

Arch moves Carlos to Castel as specialty head

2020-01-16T10:12:00+00:00

Arch Capital-owned MGA Castel Underwriting Agencies has appointed Raoul Carlos as head of specialty, in a move that will see him transition from his energy-focused role at Arch Insurance.

Panorama of Le Havre – Total

Total’s Gonfreville refinery fire could cost downstream market $200mn

2020-01-09T19:28:00+00:00

The beleaguered downstream energy market is facing the prospect of a loss in the range of $100mn-$200mn as a result of a fire at French petrochemical giant Total’s Gonfreville refinery in Normandy last month, The Insurer can reveal.

Following leader – Lloyd's

Lloyd’s picks marine and casualty classes to trial lead-follow overhaul

2020-01-09T12:23:00+00:00

Lloyd’s has unveiled that marine hull and international casualty binders will be the first lines to partake in the refreshed lead-follow pilot under the transformative Future at Lloyd’s Blueprint One scheme, a key initiative in CEO John Neal’s determination to drive down the market’s bloated cost structure.

Jackie Quintal – MMC

Marsh hires Aon’s Quintal for US FI team

2020-01-16T16:42:00+00:00

Marsh has brought in Jacqueline Quintal from rival Aon as a managing director within its US financial institutions practice.

Hertz, Tokio Marine and AIG

AIG and Tokio attempt to steer clear of $23mn Hertz payout

2020-01-14T22:32:00+00:00

Hertz’s D&O insurers have asked a New York court to rule that the car rental company is not entitled to an insurance payout related to a settlement with the US Securities and Exchange Commission.

Sarah Stephens – Marsh

Marsh JLT Specialty looks to Stephens for head of international cyber

2020-01-10T11:29:00+00:00

MMC’s specialty arm, Marsh JLT Specialty, has broadened Sarah Stephens’ role to include head of cyber, international, with immediate effect.

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