Castlelake forms Bermuda licensed aviation reinsurer, Itasca ReGlobal investment manager Castlelake has formed an aviation-focused Bermuda-licensed reinsurance company, Itasca Re.
Consilium appoints Ed’s Richards as co-CEOInternational specialty wholesale broker Consilium has continued its assault on The Ardonagh Group’s Ed Broking with the appointment of Paul Richards as co-CEO.
Miller hires Connolly as head of M&AMiller has appointed Claire Connolly as head of M&A, a move the broker said would support the firm’s continued growth ambitions.
Swiss Re names Peneva as group chief investment officerSwiss Re has appointed Velina Peneva as its group chief investment officer and member of the group executive committee.
Blink Parametric partners with Firemelon on travel platformInsurtech Blink Parametric has entered a strategic partnership with travel insurance specialist Firemelon.
Sompo Intl hires Aon’s Dixon as Canada P&C CEO, promotes AgriSompo duoSompo International has announced a trio of appointments, with Rohan Dixon as its Canadian P&C division’s president and CEO and two promotions within its multinational crop insurance platform, AgriSompo.
Allianz Australia confirmed as first member of ARPC’s Cyclone Reinsurance PoolAllianz Australia has joined the Australian Reinsurance Pool Corporation (ARPC)’s Cyclone Reinsurance Pool as its inaugural customer.
First Underwriting launches into motorsport insurance with SlipstreamSpecialist insurance MGA First Underwriting, wholly owned by Kingfisher UK Holdings, has launched Slipstream Underwriting (Slipstream), its new motorsport insurance brand.
Alliant hires real estate specialist Cutler from M&TAlliant Insurance Services has appointed Jamie Cutler as senior vice president in its real estate and hospitality practice, with the new hire joining after three years with M&T Insurance.
GRP makes third acquisition of 2023 with BPW buyBrown & Brown-owned UK intermediary Global Risk Partners (GRP) has acquired broker BPW Insurance Services Ltd (BPW).
WTW to combine Asia and Australasia operations under WeaverWTW has combined its Asia and Australasia operations into one Asia Pacific region under the leadership of Simon Weaver.
Mosaic opens new Dubai office with three specialist underwriter hiresMosaic has opened an office in Dubai and appointed three specialist underwriters to operate out of the location.
Clyde & Co makes Giani hire to lead new Italy practiceInsurance specialist law firm Clyde & Co has hired insurance partner Leonardo Giani, and has also announced the opening of a new office in Milan.
Antares promotes Hughes to head its Lloyd’s reinsurance teamQatar Insurance Group-owned specialty reinsurer Antares Managing Agency (Antares) has promoted Eddie Hughes to the head of reinsurance of Antares at Lloyd’s, the entity comprising Antares and Antares Syndicate 1274.
Swiss Re promotes Steinmann to its head of Northern, Central & Eastern EuropeSwiss Re has promoted Thorsten Steinmann as its head of Northern, Central and Eastern Europe.
Gallagher acquires student insurance specialist JCBGallagher has acquired California-based John C. Breckenridge Insurance Solutions (JCB) for an undisclosed fee.
CyberCube’s portfolio manager used for debut cyber cat bondCyber modelling insurtech CyberCube has revealed that it acted as a modelling agent for Beazley’s $45mn private cyber cat bond, the industry’s first dedicated and tradeable cyber cat bond.
WTW launches knowledge sharing platform for aerospace industryWTW has launched an online knowledge sharing platform for the aerospace sector known, in a move the broker says will help to build industry resilience.
Markel International promotes Lawton-Bryce to COOMarkel International (Markel) has promoted wholesale director Carys Lawton-Bryce to the role of chief operating officer (COO).
WTW: Life science premiums grow to $10bn but many risks still uninsuredThe insurance market for life sciences is set for continued growth with many firms operating in the sector currently underinsured, according to WTW’s Global Life Sciences Risk Outlook 2023.