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Insurance
US insurers will need to be nimble if they are to maximise the potential benefits – and overcome potential pitfalls – stemming from US tax reforms, according to S&P Global Ratings, in a new report called ‘US Tax Reform: A Mixed Bag Of Goods For Life, Health, and P/C Re/Insurers.’ 2 January 2018
Insurance
Allianz Group and Liverpool Victoria Friendly Society (LV=) have completed the first stage in the creation of their joint venture and strategic partnership through the planned sale of 49 percent stake in LV=’s UK General Insurance businesses (LV=GI) to Allianz Group. 2 January 2018
Insurance
Broker Ed has poached a senior marine expert from Aon Risk Solutions to head up its marine unit. 2 January 2018
Insurance
Starr Companies has appointed Jose Cuisia as chairman of Starr International Insurance Philippines branch, a branch of Starr International Insurance (Asia), a company established and licensed to write general insurance in Hong Kong. 2 January 2018
Insurance
Tempcover, a UK-based online temporary insurance platform, has completed a £13.3 million management buy-out (MBO) backed by £7.5 million from Connection Capital, the specialist private client investment business alongside a £5.75 million debt package from Santander. 2 January 2018
Insurance
Pioneer Underwriters has launched a new ocean marine underwriting capability with the appointment of Zach McAbee as head of the new unit. 2 January 2018
Insurance
Adrian Brian has been named director of Patria Re Marketing Services, a wholly owned subsidiary of Patria Re, based in London. 2 January 2018
Insurance
Broker Arthur J Gallagher and Alliant have settled a dispute over Gallagher employees hired by intermediary services provider Alliant. 19 December 2017
Insurance
Venture capital firm BP Marsh & Partners has acquired 20 percent equity stake in London-based EC3 Brokers Limited for a total cash consideration of £5 million, in a mixture of preferred and ordinary shares. 18 December 2017
Insurance
UK bulk annuity transactions are set to reach £30 billion in 2018 for the first time, making it a “bumper year”, according to Aon. 15 December 2017
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