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Brown & Brown acquires US broker Hays Companies
Insurance
Broker Brown & Brown is acquiring the insurance operations of Minneapolis-based Hays Companies, a brokerage firm that operates across 21 US states.   23 October 2018
Ireland preferred post-Brexit for London company market
Insurance
Ireland is the favoured location for London company market players wanting to secure access to EU customers after the UK leaves the EU, according to the latest London Company Market Statistics Report published by the International Underwriting Association of London (IUA).   23 October 2018
Regional reinsurers remain key
News
Against a backdrop of consolidation and change among global reinsurers, focused regional players can reap the rewards and offer cedants something they cannot find elsewhere: strong local knowledge and expertise, argues Fuad Kuliyev of Az Re.   23 October 2018
Insurance
Although the term ‘insurtech’ can be a bit of a distraction, it is clear that all aspects of insurance will be fundamentally impacted by developments in data and analytics that improve decision-making, and by the technology that makes it all happen smoothly.   23 October 2018
Insurance
The recent wave of consolidation in the industry is being driven partly by re/insurers acknowledging their high costs and attempting to reduce them, increasing profitability in the process, Matthew Wilken, president of Argo Re, told Baden-Baden Today.   23 October 2018
Insurance
Trust Re is focusing on its long-term partnerships and stresses that it has the full support of shareholders as it looks to address a recent downgrade by AM Best, Sinisa Lovrincevic of Trust Re, tells Baden-Baden Today.   23 October 2018
News
More cedants are using reinsurance to reduce their earnings volatility as they attempt to make their businesses more attractive to investors in a low-yield environment, Jean-Paul Conoscente, chief executive of P&C reinsurance business globally at SCOR, told Baden-Baden Today.   22 October 2018
News
To secure growth in Europe, Swiss Re is taking a more holistic and innovative approach, the firm’s Russell Higginbotham tells Baden-Baden Today.   22 October 2018
News
Broker BMS is looking to collaborate with its suppliers and insurers to ensure it maximises the potential of insurtech solutions, and it has set up a new unit dedicated to achieving this, Adam Stafford, the chief operating officer of BMS Group, told Baden-Baden Today.   22 October 2018
Insurance
The uncertainty around the nature of UK’s departure from the EU is causing re/insurers to protect themselves against whatever the worst-case scenario might be, as they prepare for the January 1 renewals, according to Mike Van Slooten, head of market analysis, Aon Benfield.   22 October 2018

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