News

Insurance

JLT sells global aerospace operations to Gallagher ahead of Marsh takeover

Broker Arthur J Gallagher is acquiring the global aerospace operations of Jardine Lloyd Thompson Group (JLT).   4 March 2019

Insurance

Munich Re leads Pool Re's £2.3bn terrorism retrocession placement

UK government-backed terrorism mutual reinsurer Pool Re has completed a £2.3 billion terrorism retrocession placement led by Munich Re.   1 March 2019

Alternative Risk Transfer

Markel CatCo board recommends run-off as future in question

The future of Markel CatCo looked less certain today as the company’s board said it would “recommend an orderly run-off” of the firm's portfolios.   1 March 2019

Alternative Risk Transfer

UnipolSai places €45m Atmos Re cat bond structured by Willis Towers Watson

UnipolSai Assicurazioni, one of the biggest insurers in Italy, has placed a €45 million catastrophe bond providing it with protection against perils in Italy including atmospheric phenomena, snow pressure and flood risks (including Vatican City and San Marino Republic).   1 March 2019

Insurance

Allianz appoints Hans-Joerg Mauthe as new AGCS Central & Eastern Europe CEO

Germany's Allianz has appointed Hans-Joerg Mauthe as regional CEO, Central & Eastern Europe (CEE), of its commercial insurance arm Allianz Global Corporate & Specialty (AGCS).   1 March 2019

Insurance

Allianz hires AIG's Claudia Salem as new CEO of property/casualty in Asia

Allianz has appointed Claudia Salem as its new chief executive officer, property & casualty for Asia Pacific.   1 March 2019

Insurance

TigerRisk recruits JLT Re's Florida market reinsurance expert David Unsworth

Reinsurance broking and risk/capital management firm TigerRisk Partners has hired a Florida market reinsurance veteran from Jardine Lloyd Thompson Group (JLT).   1 March 2019

Insurance

Cincinnati closes £102m acquisition of Munich Re subsidiary MSP Underwriting

Cincinnati Financial Corporation has completed the acquisition of MSP Underwriting from Munich Re. The all-cash transaction values £102 million.   1 March 2019

Insurance

Berkshire Hathaway 2018 results show P&C growth as Buffett criticises GAAP

Berkshire Hathaway stayed in the black in 2018 helped by its P&C and life and health insurance divisions, but its profits were hit by new accountancy rules that Warren Buffett, its chairman, criticised.   25 February 2019

Insurance

Insurtech Arceo.ai launches to bridge cybersecurity-insurance gap

San Francisco-based insurtech Arceo.ai, a provider of cyber resilience solutions, has launched with a debut platform that enables insurance carriers to automate and enhance their cyber insurance, while increasing the security of their insureds.   25 February 2019

Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.