Malta News

Specialty Insurer Fortegra Financial Corp. Launches EU Subsidiary in Malta

Fortegra Financial Corp., a Jacksonville-based international specialty insurer and subsidiary of Tiptree Financial, announced the creation of a wholly owned European subsidiary in Malta. The unit, called Fortegra Europe Insurance Co. Ltd. (FEIC), has received authorization from the Malta Financial …

Lloyd’s Shortlists Brussels or Luxembourg as EU HQ: Sources

Lloyd’s of London, the world’s largest specialty insurance market, will this week pick Brussels or Luxembourg for its planned European Union subsidiary, after Dublin had been an early favorite, sources say. Lloyd’s has been one of London’s most vocal financial …

Marsh Captive Solutions Names Thomas-Ferrand Head of Strategy & Operations

Marsh Captive Solutions announced with immediate effect the appointments of Will Thomas-Ferrand as Strategy & Operations leader, Europe, the Middle East, and Africa (EMEA) and Asia Pacific, and Stephen Portelli as head of office in Malta. Both report to Ian …

Lloyd’s Appoints Pullicino as New Representative in Malta

Lloyd’s has appointed Louis Cassar Pullicino as the new representative for Lloyd’s in Malta, assuming the role of director of Lloyd’s Malta Limited. Pullicino replaces Mark Gollcher, who helped Lloyd’s build up its local portfolio for over 15 years and …

Willis Opens New Office in Malta

Willis Group Holdings plc has opened a new office on the island of Malta, which it said is “to serve its growing captive and commercial insurance clients in the region,” an area that “has experienced substantial growth in the past …

MAPFRE ASISTENCIA Launches Subsidiary in Malta

MAPFRE ASISTENCIA, a subsidiary company of Spain’s MAPFRE Group, and MIDDLESEA INSURANCE MIDDLESEA ASSIST, have formed a joint venture to operate in Malta, following an agreement between MAPFRE ASISTENCIA and MIDDLESEA INSURANCE, MAPFRE INTERNACIONAL’s direct insurance company operating in the …

Malta, Slovenia Risk Management Associations Join FERMA

The risk management associations of Malta (MARM) and Slovenia (SI.RISK) have been accepted as the latest members of the Federation of European Risk Management Associations (FERMA). Their adhesion brings to a total of 19 the number of countries whose risk …

Willis, Atlas Set-up Malta-based Insurer to Underwrite UK Auto Liability

The Global Captive Practice of Willis Group Holdings and Atlas Insurance PCC (Protected Cell Company), which is based on the Island of Malta, jointly announced the establishment of a new insurance structure to cover the entire UK fleet liability of …

Willis Launches Captive Insurance Facility in Malta

Willis Group Holdings has set up a Willis-owned and managed captive insurance facility in Malta. The new facility, Lime Street Insurance PCC Ltd, began operations on September 20. Willis said the new captive will underwrite risk for entities across the …

Sources Indicate U.N. to Pick Costa Rica’s Figueres as New Climate Chief

Veteran Costa Rican climate diplomat Christiana Figueres is set to be appointed as the new United Nations climate chief, sources familiar with the matter said on Monday. The sources said U.N. Secretary-General Ban Ki-moon had chosen Figueres over former South …