News

Insurance

Brown & Brown acquires US broker WBR Insurance

Broker Brown & Brown has has acquired substantially all of the assets of Virginia-based independent insurance broker WBR Insurance, which operated until recently as part of Nationwide Mutual Insurance Company’s exclusive distribution model.   9 August 2019

Insurance

Gallagher Bassett acquires Adjusting Associates for UK expansion

Risk management firm Gallagher Bassett (GB) is acquiring the assets of loss adjusting and claims management firm Adjusting Associates to further expand its size and offerings in the UK.   5 August 2019

Insurance

Gallagher acquires P&C broker Gillis, Ellis & Baker

Broker Arthur J Gallagher has acquired US-based commercial retail property/casualty broker Gillis, Ellis & Baker.   31 July 2019

Insurance

LMG urges ministers to back Brexit deal based on 'equivalence'

As Michael Gove, a senior minister in Prime Minister Boris Johnson’s new government, told the UK’s Sunday Times newspaper that the government was working to the assumption of a no-deal Brexit, the London Market Group (LMG) has published its Brexit update report ‘A new relationship with the European Union’.   29 July 2019

Insurance

Catalina appoints Armour's Steve Ryland as UK chief executive

Bermuda-based Catalina Holdings has appointed Steve Ryland as chief executive of its UK operations as part of the company's effort to strengthen its global management team.   19 July 2019

Insurance

Generali expands into Portugal with two acquisitions worth €600m in total

Global insurer Generali has agreed two acquisition deals worth a total of €600 million to become the second largest non-life group in Portugal with a market share of 18.7 percent, making it the third largest business in the market.   19 July 2019

Insurance

Munich Re expects €1bn profit in second quarter 2019 due to lower expenditure and high reserve releases

Germany-based global reinsurer Munich Re expects to report a consolidated result of approximately €1 billion for the second quarter of 2019.   19 July 2019

Insurance

Lockton snags Willis Towers Watson cyber chief Anthony Dagostino to expand practice

Re/insurance broker Lockton has hired Willis Towers Watson cyber expert Anthony Dagostino to further expand its cyber and technology practice, and develop analytics-driven tailored solutions for clients that target their real, underlying cyber risk.   19 July 2019

Insurance

RMS: Hurricane Barry insured losses will not top $500m in US

Insured losses from Hurricane Barry, the second named storm of the 2019 North Atlantic hurricane season, will not top $500 million, global risk modeling and analytics firm RMS has said.   19 July 2019

Insurance

AFL taps UIB senior brokers Ritson and Draper to lead property and energy expansion

Independent Lloyd’s broker AFL Insurance Brokers has hired experienced brokers Mark Ritson and Peter Draper as directors of international property and energy.   19 July 2019

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