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Insurance
Ascent appoints former Arch Europe CEO as non-exec chair
Managing general agent (MGA) Ascent Underwriting has appointed James Weatherstone as non-executive chairman.   22 March 2018
Insurance
US tax reform to lift P&C insurance earnings 14%: Morgan Stanley
The proposed House bill calls for 20 percent corporate tax rate, which could lift earnings of US property/casualty (P&C companies) by around 14 percent on average, according to Morgan Stanley analysts.   6 November 2017
Insurance
Hurricane Irma could cause industry loss above $100bn
Investors fear that a major hurricane hitting Miami area could lead to around $100 billion or higher industry losses, analysts wrote in a Sept. 6 Morgan Stanley research note.   7 September 2017
Insurance
Mapfre in €546m acquisition in Brazil
Spain’s insurance group Mapfre is acquiring full control of the Brazilian non-life and life businesses of its strategic venture with Banco do Brasil for €546 million.   27 June 2018
Insurance
Preservation Capital has completed its acquisition of MGA Ascent
Ascent Underwriting, a specialist managing general agent underwriting on behalf of a number of Lloyd's Syndicates, has been acquired by mid-market private equity firm Preservation Capital Partners.   25 January 2018
Insurance
Willis Towers Watson boss Aubert reappointed as LMG chair
The London Market Group (LMG) has reappointment Nicolas Aubert, head of Great Britain for Willis Towers Watson, as its chairman for another term.   28 April 2017
Insurance
SCOR agrees on cat excess of loss deal with Iran
SCOR has reached an agreement concerning a cat excess of loss deal with the Iranian insurance regulator Bimeh Markazi Iran, the organisation said in a Sept. 29 press release.   2 October 2017
Insurance
Berkshire-backed new motor MGA launched in Gibraltar
Hedgehog, a new online motor insurance provider targeting drivers who face higher than average premiums has been launched in Gibraltar.   24 September 2018
News
Munich Re expands P&C by 21% in Q3
Munich Re has taken advantage of organic growth potential in the property/casualty (P&C) reinsurance segment and expanded its portfolio significantly during the third quarter of 2018.   7 November 2018
Insurance
Talbot makes Singapore, London appointments for political risk, credit expansion
Validus Holdings unit Talbot Underwriting has hired from Zurich Insurance and Ironshore as it expands the global political risk and credit operations.   3 May 2018

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