Reinsurance News

Neon Underwriting

HDI Global Specialty launches London Political & Credit Risk team, hires two from Neon

8th June 2020

HDI Global Specialty SE has announced the launch of its Political and Credit Risk team in London with the appointments of Nick Robinson and Anthony Vaughan from Neon Underwriting. The pair join HDI Global Specialty's London office, and the new team will work in partnership with the company's existing Political Risk ... Read the full article

Neon’s Lloyd’s managing agency platform for sale in TigerRisk run process

22nd May 2020

The Lloyd's of London managing agency platform of in run-off Neon Underwriting, part of American Financial Group, Inc., is up for sale in a process being run by broker TigerRisk Partners, we understand. AFG had announced that it was to exit the Lloyd’s marketplace at the beginning of this year, ... Read the full article

Neon goes into run-off as AFG pulls out of Lloyd’s

6th January 2020

American Financial Group, Inc. has announced that it is pulling out of underwriting in the Lloyd's marketplace, with its Neon business there set to go into run-off. American Financial Group (AFG) said that it plans to exit the Lloyd’s of London insurance market in 2020. To achieve this, the company said that ... Read the full article

Neon CEO Martin Reith to step down from role

13th September 2019

The Group Chief Executive Officer of London-headquartered re/insurance specialist Neon, Martin Reith, will be stepping down from the role on September 30. He will remain on the board of Neon’s Lloyd’s Managing Agency, Neon Underwriting Limited (NUL) and work to ensure an effective transition while advising management on other strategic matters. “I ... Read the full article

HDI Global Specialty acquires bloodstock team from Neon Underwriting

4th March 2019

HDI Global Specialty, the newly launched collaborative specialty insurance venture between HDI Global and Hannover Re, has acquired a team of four bloodstock underwriters from re/insurer Neon Underwriting. The bloodstock team are active in the Lloyd’s and London markets and write a global book across the UK, U.S, Australia and ... Read the full article

Neon Underwriting promotes Theo Butt to CEO role

21st December 2018

Neon’s Lloyd’s Managing Agency, Neon Underwriting Limited (NUL), has promoted Theo Butt to the role of Chief Executive Officer as well as Matthew Washington to the Managing Director position, with immediate effect. Butt, who will continue reporting to Group CEO Martin Reith, has been given the role after joining the Neon ... Read the full article