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RiverStone closes loss portfolio transfer deal with Zurich
23 December 2024
UK Reporter Diana Bui

The deal covers Zurich’s French discontinued motor and architects & engineers (A&E) professional indemnity portfolios

Aviva to acquire Direct Line in £3.7 billion deal
23 December 2024
UK Reporter Diana Bui

Aviva has reached an agreement to acquire Direct Line Insurance Group in a £3.7 billion (US$4.63 billion) cash-and-stock deal

Reith joins Acrisure as Executive Chairman of its MGA Volante
23 December 2024
UK Reporter Diana Bui

Acrisure has onboarded Martin Reith as executive chairman of its Lloyd’s business with managing general agent (MGA) operations, Volante Global

DARAG completes sale of regional business entities
20 December 2024
UK Reporter Diana Bui

DARAG Group has completed the sale of its North American and Bermuda business entities to the RiverStone Group

Davies expands consulting division with senior appointments
18 December 2024
UK Reporter Diana Bui

Insurance services specialist Davies has appointed Paul Johnson as chief operating officer and Matt Parkinson as chief revenue officer

Agile hires Hughes to lead London marine operation
17 December 2024
UK Reporter Diana Bui

David Hughes has spent more than 25 years in the marine market, and more recently served as head of marine hull and war for the UK and Lloyd’s at AXA XL.

AM Best affirms ‘Excellent’ credit ratings of Enel captive
16 December 2024
Italy Reporter Diana Bui

AM Best has affirmed the financial strength rating of ‘A-’ (Excellent) and the long-term issuer credit rating of ‘a-’ (Excellent) of Enel Re

Beazley appoints Lezzi as Group Head of Cyber Risks
16 December 2024
UK Reporter Diana Bui

Alessandro Lezzi has an outstanding track record of success in cyber insurance, having been Beazley’s head of international cyber for more than a decade

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