News

Insurance

Berkshire-backed new motor MGA launched in Gibraltar

Hedgehog, a new online motor insurance provider targeting drivers who face higher than average premiums has been launched in Gibraltar.   24 September 2018

Insurance

London Market launches delegated authority platform

The London Market Group (LMG) is launching its delegated authority platform this week as a core part of the London Market Target Operating Model (TOM).   24 September 2018

Insurance

AIG acquires US broker Glatfelter to strengthen general insurance unit

American International Group (AIG) is acquiring Glatfelter Insurance Group (Glatfelter), a full-service broker and insurance company providing services for specialty programmes and retail operations.   21 September 2018

Insurance

Marsh CEO expects faster growth through JLT acquisition

Broker Marsh & McLennan Companies (MMC) CEO Daniel Glaser expects that the group will accelerate the pace of growth through the Jardine Lloyd Thompson Group (JLT) acquisition.   18 September 2018

Insurance

AXIS appoints new CEO of Irish subsidiaries

Bermuda-based re/insurer AXIS Capital Holdings has appointed Helen O’Sullivan as the CEO of AXIS Specialty Europe and AXIS Re.   18 September 2018

Insurance

Berkshire swoops for AIG, Chubb, Zurich talent in Dubai

Berkshire Hathaway Specialty Insurance Company (BHSI) has expanded its leadership team in Dubai with the appointment of AIG, Chubb, AXA, QBE, Allianz and Zurich executives to fill key product line and service posts.   18 September 2018

Insurance

Chubb hires AXA US CEO Miller for Continental Europe

Insurer Chubb has hired the former US president and CEO of AXA Insurance Company for a newly-created role in Continental Europe.   18 September 2018

Insurance

AXA closes $69m Emirates Re deal

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

Liberty taps Allianz exec to develop UK, international coverholder business

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Lewis Edwards to the newly created role of head of underwriting, delegated authority for specialty lines.   14 September 2018

Insurance

Chaucer snapped up by China Re after ‘strategic review’ by Hanover

China Re, China’s biggest reinsurer, will acquire speciality insurer Chaucer from its parent The Hanover Insurance Group for $950 million in a deal that gives the buyer a solid foothold in both the speciality markets and in Lloyd’s.   13 September 2018

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