Articles
Insurance
AXA Group's specialist run-off acquirer and manager has completed the purchase of a 93 percent majority stake in Emirates Re, with a total of $69 million gross reserves. 18 September 2018
Insurance
Marsh & McLennan Companies (MMC) is acquiring re/insurance broker Jardine Lloyd Thompson Group (JLT) for $6.4 billion. 18 September 2018
Insurance
Tokio Marine Kiln (TMK) has appointed Reeken Patel as chief financial officer (CFO), replacing James Dover who is leaving the business after 12 years in the position. 18 September 2018
Insurance
French cooperative insurer Covéa is working on a new approach to its planned takeover of reinsurer SCOR after its friendly €8.2 billion offer was rejected earlier in September, Reuters reported citing “two sources close to the deal”. 18 September 2018
Insurance
FedNat currently estimates that its aggregate gross liabilities as a result of Hurricane Florence will be $4 million based on preliminary post-landfall catastrophe model estimates. 18 September 2018
Insurance
Insurer Chubb has named Jeremiah Konz as executive vice president, reinsurance officer for its international general insurance business Chubb Overseas General. 18 September 2018
Insurance
Hurricane Florence is likely to expose the flood protection gap of homeowners in the Carolinas and other vulnerable regions, according to the Associated Press. 18 September 2018
Insurance
Ascot Group’s US managing general agent (MGA) platform Ethos Specialty Insurance Services has appointed Rory Cline as its new president and CEO. 18 September 2018
Insurance
Insurer Thomas Miller has acquired the managing general agency (MGA) and insurance services operations of Hamburg-headquartered specialist insurance services group Zeller Associates. 18 September 2018
Insurance
Insured losses from Hurricane Florence will be around $2.5 billion, according to KCC estimates. 18 September 2018
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