Articles
Insurance
Marsh is combining the specialty teams of Marsh and Jardine Lloyd Thompson Group to create the Marsh-JLT Specialty unit, effective upon closing of the transaction between Marsh’s parent company, Marsh & McLennan Companies (MMC) and JLT. 13 November 2018
Insurance
Reinsurance broker JLT Re has launched JLT Re Iberia through the acquisition of JLT March Re. 13 November 2018
Insurance
London-based Iotatech, a developer of insurance software as a service platform, has secured its target of £1 million of second round funding following a private placement. 13 November 2018
Insurance
Lloyd’s of London has opened its insurance subsidiary in Brussels which is set to allow the market to continue operating and serving its clients in the EU after Brexit. 13 November 2018
article
Hannover Re’s long-serving executive board member Jürgen Gräber passed away suddenly and unexpectedly on Nov. 9, 2018, at the age of 62. 12 November 2018
Insurance
Germany-based Talanx Group increased net income to €51 million in the third quarter of 2018 from a loss of €19 million in the same period a year ago despite the “unsatisfactory performance” of the industrial lines business. 12 November 2018
Insurance
The insurer made a net profit of €1.9 billion in the third quarter, an increase of 23.6 percent compared with the same period the year before. 9 November 2018
Insurance
Bermuda-based Monument Re has acquired a run-off portfolio of traditional life and credit life business from Alpha Insurance, a Belgian composite insurance company and a wholly-owned subsidiary of Enstar Group. 8 November 2018
Insurance
Structured reinsurance solutions drove impressive growth at Hannover Re across the first nine months of the year as it also confirmed that it anticipates a profit of more than €1 billion this year, even making allowance for a one-time charge from its life and health reinsurance business. But its CEO also warned on what he called sustained intense competition. 8 November 2018
Insurance
Zurich Insurance Group posted a stable set of results for the first nine months of the year with its life business and Farmers Exchanges performing well though its CFO warned on the challenging environment it is seeing on the property/casualty side of things. 8 November 2018
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