DARAG, the leading legacy acquirer, today announces that James Halley has been appointed Group CFO, effective 3rd September and pending regulatory approval. Halley’s appointment is part of an ongoing strategic upscaling. It follows the appointment of Tom Booth as CEO and the completion of a €U260m capital raise, with Aleph… Read More »
DARAG, the leading legacy acquirer, and SOBC, the US-based run-off specialist, today announce the formation of a joint venture, SOBC DARAG, in Delaware, to support DARAG’s expansion into the US and Bermuda/Caribbean run-off markets. The joint venture combines the experience and strong capital access of DARAG with the local expertise… Read More »
Following the nomination of Pasha Bakhtiar as partner of Bank REYL & Cie in Geneva, REYL Group is pleased to announce the appointment of Nicolas Farah as Chief Executive Officer of REYL Finance (MEA) Ltd, (“RMEA”), the Bank’s affiliate in the United Arab Emirates. Nicolas Farah is a highly experienced… Read More »
Tokio Marine Kiln Syndicates Limited today released updated forecasts for the 2016 and 2017 years of account for its three non-aligned syndicates. Charles Franks, Chief Executive Officer of Tokio Marine Kiln, said: For the 2016 YOA all three syndicates are showing a small improvement. This is because of a stable… Read More »
The purchase is the result of careful scouting made possible by SIMEST financing, which enabled the Group to open a commercial base in the country. Since the end of 2017, the company is in Elite, a programme run by Italian stock exchange operator Borsa Italiana for firms with high potential.… Read More »
REYL & Cie is expanding its partners’ group with the appointment of Pasha Bakhtiar, currently in charge of REYL Finance (MEA) Ltd, REYL & Cie’s affiliate in the United Arab Emirates. He joins François Reyl, Nicolas Duchêne, Christian Fringhian and Lorenzo Rocco di Torrepadula as partner in the Bank’s Geneva… Read More »
THB, the specialist insurance and reinsurance broker, today announces the appointment of Ko Bertelkamp as operations director of THB Europe, effective immediately. Ko Bertelkamp will be based in Amsterdam and report to Ricardo Borges, managing director, THB Europe. The appointment follows last month’s announcement of the THB Europe leadership transition,… Read More »
Luxottica Group S.p.A. (MTA: LUX), a leader in the design, manufacture, distribution and sale of fashion, luxury and sports eyewear, announces it has been included in the FTSE4Good Index Series. Created by the global index and data provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance… Read More »
DARAG, a leading legacy acquirer owned by Keyhaven Capital Partners, announces an equity funding of up to €260 million to support growth plans for the business. Funding is provided by Aleph Capital and Crestview Partners. Aleph and Crestview’s capital commitment follows a period of significant strategic development for DARAG, which… Read More »
Bordier & Cie announced today the acquisition of a majority stake in Helvetia Advisors S.A., based in Montevideo Uruguay. Grégoire Bordier, Senior Partner of Bordier & Cie says: “We have been present in Uruguay for many years and this acquisition confirms our commitment to the region and our interest to… Read More »
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