AEGIS News

AEGIS London Appoints Trudeau from Crawford & Co. to Manage Canadian Claims

Carrie Trudeau has been hired by Lloyd’s managing agent AEGIS London to manage claims notified by its Canadian coverholders. Based in Toronto, Trudeau will focus on strengthening relationships with London market brokers while supporting AEGIS London’s coverholders writing property and …

U.S. Utilities Examine Their Insurance Protection After Ukraine Grid Cyber Attack

U.S. utilities are looking hard at their cyber vulnerabilities and whether they can get insurance to cover what could be a multi-billion dollar loss after hackers cut electric power to more than 80,000 Ukrainians last month. The Dec. 23 incident …

World Cup Insurers Face Many Claims, Disputes Over Russia, Qatar

World Cup insurers are likely to refuse to pay out on many cancellation contracts if Russia and Qatar lose the rights to hold the tournaments because of fraud, industry experts said. Russia and Qatar could be stripped of their World …

Croom-Johnson Named MD of AEGIS London; 4 Senior Execs Promoted

AEGIS London has named David Croom-Johnson as its new managing director. The firm has also announced a series of promotions within its senior management team. Croom-Johnson, Syndicate 1225’s active underwriter since 2007, takes over the managing director role with immediate …

AEGIS London’s Managing Director Moves to Canopius as Group CEO

AEGIS London announced that Stuart Davies, the company’s managing director, has resigned to take up the group CEO role at Canopius. At Canopius, Davies succeeds Michael Watson who remains the company’s chairman. As group chief executive officer, Davies will assume …

Ratings Roundup: AEGIS, SOGAZ, African Re, Delvag

A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Bermuda-based Associated Electric & Gas Insurance Services Limited (AEGIS), and has assigned both ratings a positive outlook. Best said the rating …

Ratings Roundup: Aviva Canada, AEGIS

A.M. Best Co. has reviewed and maintained the under review status of the financial strength ratings of A (Excellent) and issuer credit ratings (ICR) of “a+” of Aviva Insurance Company of Canada and its affiliates, Elite Insurance Company, Traders General …

AEGIS London Approves $1 Million in Premium Credits for Members

AEGIS London, the UK- based subsidiary of mutual insurer AEGIS (Associated Electric & Gas Insurance Services Limited) has announced the approval of $1 million in premium credits which will be returned to members through its Premium Credit Program. The bulletin …