Articles

News

JLT acquires Towers Watson’s reinsurance business

Jardine Lloyd Thompson Group (JLT) will acquire the reinsurance brokerage business of Towers Watson for a cash consideration of $250 million (£156 million).   20 September 2013

Awards

Wells Fargo voted Best Bank for Collateral Trusts by the readers of Intelligent Insurer

Wells Fargo has claimed the title of Best Bank for Collateral Trusts at Intelligent Insurer’s Global Awards event held in Monte Carlo on September 8, 2013.   20 September 2013

Awards

BlackRock voted Best Asset Manager by the readers of Intelligent Insurer

BlackRock claimed the title of Best Asset Manager at Intelligent Insurer’s Global Awards event held in Monte Carlo on September 8, 2013.   19 September 2013

Awards

RMS voted Best Risk Modelling Services Provider by the readers of Intelligent Insurer

RMS claimed the title of Best Risk Modelling Services Provider at Intelligent Insurer’s Global Awards event held in Monte Carlo on September 8, 2013.   19 September 2013

Awards

Aon Benfield voted Reinsurance Broker of the Year by the readers of Intelligent Insurer

Aon Benfield has claimed the title of Reinsurance Broker of the Year (with reinsurance brokerage revenues of more than $1bn) at Intelligent Insurer’s Global Awards.   19 September 2013

News

New capacity could drive run-off

One consequence of overcapacity in the market is that capital will ultimately exit the industry. While this could happen in a variety of ways, there could be a big uptick in the number of businesses being put into run-off.   18 September 2013

Insurance

York International strengthens London team

York International, a UK and international loss adjuster and subsidiary of York Risk Services Group and part of York Specialized Loss Adjusting, has appointed Marc Godfrey as associate technical director.   18 September 2013

Insurance

Omega deal enhances scale for Canopius

Canopius’ purchase of Omega has helped to deliver scale, which alongside strong organic growth and an active reduction in attritional losses, has led to a strong 2013 for Canopius.   18 September 2013

Insurance

Gallagher acquires specialist broker Belmont International

Arthur J. Gallagher has acquired passenger transport specialist, Belmont International, for an undisclosed sum.   18 September 2013

News

Catlin rebrands reinsurance units as Catlin Re

Catlin Group is to rebrand its reinsurance operations as Catlin Re. Matthew Paskin, executive director of group underwriting at Catlin, will become executive chairman of the newly formed unit.   18 September 2013

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