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Insurance
Broker Aon is to acquire US-based real estate and investment management firm Townsend Group, majority owned by Colony NorthStar, for $475 million. 4 September 2017
Insurance
Hurricane Harvey will be a top three loss event for the National Flood Insurance Program (NFIP), according to analysis by risk modelling firm RMS. 4 September 2017
Insurance
Insurer Chubb has made two appointments for its regional cyber team in Asia Pacific. 4 September 2017
Insurance
Randall & Quilter, the specialist non-life legacy insurance investor, posted a strong set of results for the first six months of 2017 as it benefitted from a robust pipeline of legacy business and the impact of simplifying the business, which has included some disposals. 4 September 2017
Insurance
JLT Re has poached a senior broker from Willis Re to join its London and International Markets (LIM) division. 4 September 2017
Insurance
Re/insurance legacy specialist Compre has provided a legacy solution to a portfolio of AXA Insurance, a unit based in Switzerland that was formerly called Winterthur Swiss Insurance Company. 4 September 2017
Insurance
Charles Taylor Group has acquired Southern California third party claims administrator Metro Risk Management (MRM) from Nautilus International Holding Corporation. 4 September 2017
Insurance
Re/insurer XL Catlin's global excess casualty insurance business has realigned its US Central region and announced the appointment of new regional underwriting managers. 4 September 2017
Insurance
Ratings agency AM Best said on September 1 that it has upgraded the Financial Strength Ratings (FSR) to A+ (Superior) from A (Excellent) of SCOR and its main operating subsidiaries citing its operating strength as a driver for the move. 1 September 2017
Insurance
Insurers are expected to weather losses stemming from Hurricane Harvey relatively well in part thanks to the better reinsurance deals many have secured during the soft market, according to AM Best. 1 September 2017
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