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Insurance
US-based re/insurance broker Brown & Brown has increased organic revenue by 5.2 percent year on year in the second quarter of 2018 to $472.7 million on an adjusted basis and excluding a new revenue standard.   24 July 2018
Willis Re North America appoints EVP and head of global accounts
Insurance
He will report to the newly appointed president   8 November 2019
Munich Re expects €1bn profit in second quarter 2019 due to lower expenditure and high reserve releases
Insurance
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
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
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has expanded its liability team by creating two new senior underwriting roles.   19 July 2018
Alternative Risk Transfer
State Compensation Insurance Fund, California’s largest provider of workers’ compensation insurance, has completed its second cat bond.   29 September 2014
Insurance
Specialty insurance group Tokio Marine HCC has acquired 100 percent of NAS Insurance Services, a US-based cyber and professional liability specialist.   2 April 2019
Insurance
Profits at Italian insurer Generali soared in 2018 as the company exceeded all its targets for the past three years, attributed to improvements in all group business segments including life, property/casualty and asset management.   14 March 2019
Insurance
Run-off specialist DARAG has completed the acquisition of SOBC Services, a company focused on the sourcing, acquisition and management of insurance entities and portfolios in run off in the US, Bermuda and Caribbean.   20 November 2018
Insurance
AXIS Re, the reinsurance business segment of Bermuda-based AXIS Capital Holdings, has expanded its strategic partners business with the appointment of Daniel Osterrieder as strategic account executive for North America.   7 February 2019

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