Everest Reinsurance promotes Jacobsen & Wallace to leadership roles & more…Keep up with what has been happening this week in our latest insurance news round-up…
“At Lloyd’s, it’s our custom to ring the Lutine Bell once for bad news and twice for good news.”
That’s exactly what Lloyd’s did on Thursday to mark not only the passing of Queen Elizabeth II but also the accession to the throne of the new monarch, King Charles III, during a ceremony in the famous underwriting room (pictured with Lloyd’s chair Bruce Carnegie-Brown, who mentioned the above in his speech) in London.
The reinsurance division of Bermuda-based carrier Everest Re Group, Ltd., Everest Reinsurance, has announced a couple of promotions within its international division.
Gallagher has announced that it has fully integrated its Turkish subsidiary Brokers’ House, and the business will be branded Gallagher moving forward. The development marks Gallagher’s first direct presence in Turkey following the acquisition of Brokers’ House in August last year.
Walaa Cooperative Insurance Co. has received approval from its shareholders to merge with SABB Takaful, after a binding agreement was reached in February between the two parties.