News
Insurance
American International Group (AIG) is taking over Validus in order to diversify the business into reinsurance and to add a Lloyd’s syndicate, management suggested in a Jan. 22 conference call discussing the deal. 22 January 2018
Insurance
Lloyd’s chief financial officer has mooted the idea that brokers should reduce the commission they make on business placed in the market as a way of reducing the overall cost of using Lloyd’s. 26 January 2018
Insurance
COVID-19 drives shift in cyber attack behaviour. 10 June 2020
Insurance
US-based specialty insurer JenCap Holdings is to acquire Aran Insurance Services Group, a specialty programme administrator with offices in Arizona, Colorado, Massachusetts and New York. 22 August 2019
Insurance
American International Group (AIG) has appointed Marsh's David Batchelor as new non-executive chairman of Talbot Group, replacing the company's founder Rupert Atkin who is stepping down after 28 years. 9 May 2019
Insurance
The UK motor insurance market has reported a net combined ratio (NCR) of 96.8 percent in 2017, the best result since 1994 and the second best since records began, according to EY’s Annual UK Motor Insurance Results. 28 June 2018
Insurance
Insurtech veteran Martha Notaras has been hired as managing partner. 13 January 2020
Insurance
The software will stress test Hiscox’s book of global commercial insurance business. 13 January 2020
Insurance
The reinsurer claims to be in a 'very good position' to exploit current market opportunities. 2 December 2020
Insurance
Insurance services and investment company Randall & Quilter Investment Holdings (R&Q) has completed the acquisition of Global US Holdings from an investment vehicle managed by AXA Liabilities Managers (AXA LM). 8 May 2019
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