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MGAs: riding the wave of popularity
Insurance
Managing general agents have been popular in the market recently, but what’s been driving this popularity? Intelligent Insurer speaks to a number of newly formed ventures to find out.   5 August 2019
Lloyd's broker SSL Endeavour launches in Cyprus and Greece in Brexit move
Insurance
Lloyd's broker and delegated authority specialist SSL Endeavour is expanding into Cypriot and Greek markets with the launch of SSL Endeavour Cyprus & Greece, pending regulatory approval.   2 August 2019
Global insurance M&As rise in 2019 marking 'biggest increase' since 2015, finds Clyde & Co
Insurance
Mergers and acquisitions (M&A) in the global insurance industry are at their highest level for four years up 13 percent to 222 deals completed worldwide in the first six months of 2019 from 196 deals in the six months before.   1 August 2019
Insurance
Specialist insurer Markel has acquired a minority ownership interest in managing general agent (MGA) The Hagerty Group for a total consideration of $212.5 million.   1 August 2019
Insurance
Broker Willis Towers Watson (WTW) reported “healthy growth” and expressed excitement about the completion of the TRANZACT acquisition, as the company unveiled its second quarter results for 2019.   31 July 2019
Insurance
Bermuda-based re/insurer AXIS Capital's CEO reports “strong” second quarter results were “made possible” by continuing improvement in core underwriting margins, operating return on equity of 12.3 percent, and a 6 percent growth in book value per share.   31 July 2019
Insurance
Broker Marsh & McLennan's chief executive Dan Glaser is "pleased" with the company's second quarter 2019 results, which include Jardine Lloyd Thompson (JLT) for the first time.   30 July 2019
Insurance
Broker Arthur J Gallagher saw “outstanding” results in the second quarter of 2019, while its half year figures, also ending June 30 2019, showed healthy growth in its brokerage segment.   29 July 2019
Insurance
Bermuda-based reinsurer PartnerRe enjoyed solid growth and improved non-life combined ratio in the second quarter of 2019. The results were driven by strong property/casualty performance and investment gains.   29 July 2019
Insurance
Investors splurged $1.41 billion on insurtech firms in the second quarter of 2019, marking the fourth consecutive occasion where investments exceeded $1.2 billion.   29 July 2019

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