In Briefs
Axa XL marks a first with approval for China reinsurance subsidiary
The licence makes it the first Shanghai-based reinsurance subsidiary and the first foreign-owned reinsurance subsidiary in China.
Sompo GRS launches European team in London
The move comes as the carrier retreats from Lloyd’s to operate under a single company market platform.
Lloyd’s appoints Spain and Portugal country manager
Jose Núñez starts in the role effective immediately and replaces Juan Arsuaga Serrats.
Gallagher hires from Marsh for W&I and tax head
Mark Ettershank was at Marsh for four years, and before that was a corporate lawyer for nine years.
Lockton hires Willis exec as Brazil CEO
José Otávio De Albuquerque Sampaio was Willis’ Brazil CEO for 11 years.
MGAA appoints new managing director
Mike Keating will start on 8 September and replaces Peter Staddon, who retires in August.
Trust Re shuts Labuan and Morocco offices
The Bahraini carrier also exits aviation fac and liability business.
Marsh launches UK&I sport, entertainment and media unit
The new group brings together former JLT Specialty and Bluefin teams.
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