Callum Beaton begins his term as president of the Chartered Insurance Institute (CII). Beaton takes over the role from Nicola Stacey to lead the international professional membership body for insurance and financial planning professionals.
PoloWorks has appointed Jonathan Barnes to the role of underwriting oversight manager, where he will be responsible for strengthening the firm’s governance and technical standards.
American International Group (AIG), Amwins and Blackstone have partnered to form Syndicate 2479, a new special purpose vehicle (SPV) at Lloyd’s.
Al Wathba Insurance has become the first UAE insurer to secure access to Lloyd’s of London through the London Bridge 2 PCC (LB2) structure.
Global advisory, broking, and solutions firm WTW acquires San Francisco-based broker Newfront in a deal valued at up to US$1.3 billion.
Allianz establishes a new reinsurance vehicle at Lloyd’s in a strategic partnership with Oaktree Capital Management, L.P..
Augment Risk, the reinsurance and capital solutions broker, appoints Magnus Heimann as Partner for MGA, effective immediately.
AM Best upgrades the Long-Term Issuer Credit Rating (Long-Term ICR) of Ikal Insurance Company AG (Ikal) to ‘bbb+’ (Good) from ‘bbb’ (Good).