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Insurance
Arthur J Gallagher (AJG) has appointed Grahame Chilton as chief executive officer (CEO) of the company’s UK-based international brokerage division. 20 February 2015
Insurance
Marsh & McLennan Companies has unveiled the details of its second two-day global forum and gala evening in June. 20 February 2015
Insurance
Financial services company Fairfax has entered into a C$650 million ($521 million) deal to part fund its acquisition of insurer Brit. 20 February 2015
Insurance
Insurance services firm Charles Taylor has taken substantial stakes in two Standard Club businesses in a deal that will allow it to offer managing agency services to new syndicates. 20 February 2015
Insurance
General insurer Insurance Australia Group (IAG) has said that it has increased its loss reserves in relation to the 2010 and 2011 Canterbury earthquakes by NZ$950 million ($713.6 million). 19 February 2015
Insurance
Tokio Marine Kiln’s three Lloyd’s syndicates have all reported profits for the 2012 year of account, with two forecast to deliver profits for 2013 and 2014. 19 February 2015
News
Swiss Re faced a tough year in 2014 as losses in its life and health reinsurance (L&H Re) segment drove down profits. 19 February 2015
Insurance
Rating agency Fitch has placed insurer Brit on negative watch, following the announcement of the insurer’s sale to Fairfax for £1.22 billion. 19 February 2015
Insurance
PERILS, the Zurich-based organisation that provides catastrophe insurance data, has released its initial loss estimate for windstorm Elon-Felix. 19 February 2015
Insurance
Brit’s acquisition by financial services company Fairfax has highlighted the trend of increasing buyer demand facilitating private equity (PE) exits. 18 February 2015
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