News

Insurance

PWC: value of US insurance M&As drops in Q1 despite rise in transactions

US insurance sector deal value dropped in the first quarter of 2019 compared with the same three months in 2018, research from PWC revealed, despite a “surge” in the number of M&As among property and casualty companies.   25 April 2019

Insurance

Moody’s probes solvency regime transparency in China and Japan

Analysis of the solvency regimes in China and Japan suggests that both countries will benefit from developments that make them more transparent, a report from Moody’s has said.   25 April 2019

Insurance

Markel adds JLT trade credit, political risk underwriter in Singapore

Specialist insurer Markel International has appointed Lee Zong Wen as assistant underwriter in its trade credit and political risk team in Singapore.   25 April 2019

Insurance

Sirius placed on Rating Watch Negative by Fitch as China Minsheng debt crisis deepens

Fitch Ratings has placed Sirius International Group's ratings on Rating Watch Negative, driven by a "deepening debt and liquidity crisis" at China Minsheng Investment Group Corp (CMIG), which owns approximately 80 percent of Sirius's common shares on a fully diluted economic basis.   25 April 2019

Insurance

Pro Global snaps up MGA incubator Vibe

Specialist re/insurance provider Pro Global Insurance Solutions is acquiring Vibe MGA Management, the MGA incubator business of Vibe UK, which owns Lloyd’s managing agent Vibe Syndicate Management.   25 April 2019

Insurance

Argo hires new Brazil CEO from Swiss Re to drive strategic expansion

Argo Seguros, the Brazilian underwriter of specialty insurance and reinsurance products and a member of Argo Group, has appointed Newton Queiroz as its new CEO.   25 April 2019

Insurance

Amynta Group appoints new chief executive officer from Bank of America Merrill Lynch

Amynta Group, a group of warranty, managing general agent (MGA) and specialty risk companies, has appointed Robert Giammarco as the new chairman and chief executive officer (CEO).   25 April 2019

Insurance

London market needs to invest in workforce to see digital transformation thrive

The insurance workforce needs to evolve to work effectively with new technologies as the London market embraces modernisation and transformation initiatives, suggests a new report by PwC and the Lloyd's Market Association (LMA).   15 April 2019

Insurance

Third Point Re poaches Allied World execs for specialty treaty division

Bermuda-based reinsurer Third Point Re has expanded its specialty treaty division with two new hires from Allied World Reinsurance Company.   11 April 2019

Insurance

Liberty Specialty Markets Pauline McNulty backs mental health tailblazer, InsideOut’s 2019 LeaderBoard

A Liberty Specialty Markets (LSM) executive is aiming to break the stigma around mental ill-health at work by talking about her own experiences as part of a pro-active mental health initiative.   1 April 2019

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