Global reinsurer Hiscox has appointed Andrew Dolphin as COO of Hiscox Re, the group’s reinsurance operation

The majority of global insurers recognise that innovation is critical to their organisations’ success, according to a report from A.M. Best

Hanover Stone Partners and Apetrop USA have agreed to collaborate to assist US-based commercial insurers and captives with solutions to their long-tail liabilities

Aegon expects to make a one-time benefit to capital generation of approximately $1 billion by merging two of its legal entities

Selfinsurancemarket.com has relaunched its business inquiry platform and global search facility to aid the promotion and placement of self-insurance programmes.

A.M. Best has affirmed the long-term issuer credit rating of a- and the financial strength rating of (A) Excellent of United Insurance Company and its Luxembourg-based subsidiary, United Re (Europe) S.A.

Investment services group Ravenscroft has agreed a deal to acquire Royal London Asset Management and Royal London Custody Services to expand its cash management offering

The Savings Bank Mutual Life Insurance Company of Massachusetts (SBLI) has had its long-term issuer ICR downgraded from “a+” to “a” and affirmed its FSR of A (Excellent) by A.M. Best

Marsh and McLennan Companies’ acquisition of Jardine Lloyd Thompson Group gives it the “greatest concentration of talent in our industry”, according to Dan Glaser, president and CEO of MMC

Artex has appointed Paul Cole as its Gibraltar managing director

MMC expects to cut up to five percent of its workforce following the acquisition of JLT, an estimated 3,750 jobs

R&Q has agreed to the novation of the commercial general liabilities of a Barbados-based captive, which reinsured the liabilities of its Canadian corporate parent