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Insurance
Global insurance broker and risk adviser Marsh has made four senior appointments to Marsh JLT Specialty’s Aviation Practice in London and New York. 8 October 2019
Insurance
Steve Hales has been appointed CEO of Bermuda-domiciled reinsurer Resolution Re, part of the Resolution Life Group. 8 October 2019
Insurance
Broker Lockton has hired Marsh's Tom Orrico to lead its financial institutions practice as senior vice president and managing director. 7 October 2019
Insurance
Broker Guy Carpenter, a wholly owned subsidiary of Marsh & McLennan Companies (MMC), has appointed Frank Guerriero as interim head of international facultative operations. 7 October 2019
Insurance
Specialty insurance brokerage and investment banking business CAC Specialty, a part of US risk management and insurance brokerage Cobbs Allen, has launched a new financial sponsors group (FSG) to bring together seven of its specialties. 4 October 2019
Insurance
Tokio Marine Holdings has agreed to buy 100 percent of the outstanding shares of US firm Privilege Underwriters and its subsidiaries, known as the Pure Group, for $3.1 billion (approximately ¥ 325.5 billion). 3 October 2019
Insurance
Fear of cyber attacks has topped the list of worries for European and US businesses for the second year running, in a poll conducted by the World Economic Forum. 1 October 2019
Insurance
Activist investor CIAM has criticised SCOR’s Quantum Leap strategy, launched in early September, as “nothing innovative”, claiming it “mainly relies on new accounting standards (IFRS17) to revalue the reinsurer by 2021, without significant intrinsic value creation”. 30 September 2019
Insurance
Lower rates and higher claims are denting the profits of reinsurers in Africa, who are also worried about political uncertainties. 30 September 2019
Insurance
Insurtech firm Policy Expert has scooped two industry prizes: one for digital technology, and the other for ecommerce. 30 September 2019
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