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Insurance

Arch acquires Barbican Group as it deepens 'commitment to Lloyd’s and London'

Bermuda-based Arch Capital Group has agreed to acquire Barbican Group Holdings from funds managed by US alternative asset management firm Carlson Capital, in a move aimed at expanding its Lloyd’s and London market footprint.   31 July 2019

Insurance

Specialty insurer Newline joins Lloyd’s Mexico, expands global footprint

London-based specialty insurer Newline Group is expanding its global footprint by joining Lloyd’s representative office in Mexico City, to serve clients in Latin America and the Caribbean.   31 July 2019

Insurance

Markel CEOs Gayner and Whitt highlight ‘outstanding performance’ in investment portfolio in H1/Q2 2019 results

Markel’s co-chief executives pointed to “outstanding performance” in the insurer’s investment portfolio, with more than $1 billion of net investment gains in the first half of the year, as the company released its second quarter and half year results for 2019.   31 July 2019

Insurance

Generali unveils new structure in Italy to create 'faster and more agile' organisation

Generali Country Italy and Global Business Lines has unveiled a new structure as part of its strategy to create a faster and more agile organisation.   31 July 2019

Insurance

Asian insurer FWD partners with Pacific Life Re on automated underwriting technology

Asian insurer FWD partners with Pacific Life Re on automated underwriting technology   30 July 2019

Insurance

Nexus acquires London-based financial and professional lines MGA Plus Risk

Specialty managing general agent (MGA) Nexus Group has acquired Plus Risk (PRL), a London-based financial and professional lines MGA providing management liability and niche professional indemnity insurance.   29 July 2019

Insurance

AXA XL partners with insurtech MGU Vindati on Ocean Cargo insurance for SMEs

Insurer AXA XL has partnered with insurtech managing general underwriter (MGU) Vindati to offer Ocean Cargo insurance for small and middle-sized businesses in the US.   26 July 2019

Insurance

Chubb Q2 2019 profits slip slightly; CEO Greenberg highlights improved pricing environment

The second quarter of 2019 was about "growth and pricing" for Chubb chief executive officer Evan Greenberg, who noted that the company benefited from an improved pricing and underwriting environment.   25 July 2019

Insurance

Reinsurer SCOR ‘delivers strong performance’ in 2019 H1 results, says Denis Kessler CEO and chair

The 2019 half year results for French reinsurer SCOR “deliver a strong performance”, according to Denis Kessler, company chairman and CEO.   25 July 2019

Insurance

ABI welcomes UK government’s new chancellor Sajid Javid

As Prime Minister Boris Johnson started selecting his cabinet yesterday, after being chosen as leader of the Conservative party, his choice of Sajid Javid for chancellor was welcomed by the Association of British Insurers (ABI).   25 July 2019

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