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
Genworth Financial and China Oceanwide Holdings Group have said they are still hopeful a deal can be achieved – despite well over a year having passed since the companies first unveiled a deal that would see the Chinese company buy Genworth for $2.7 billion. 5 January 2018
Insurance
Willis Towers Watson has appointed Patrick Murphy as global head of cargo and specie, within its marine, corporate risk and broking division. 10 January 2018
Alternative Risk Transfer
Twelve Capital has completed a $35 million private catastrophe bond designed to cover second event risk across all natural perils in the US. 10 January 2018
Insurance
Markel is expanding and as a result is recruiting underwriters in Hong Kong, Mumbai, Shanghai and Singapore, following a strong performance in Asia in 2019. 29 October 2019
Insurance
The Corporation of Lloyd’s has set the targets for electronic placement for the first half of 2019 following approval from the Lloyd’s board and council. 20 December 2018
News
Everest Reinsurance (Bermuda) has appointed new senior underwriters, Luke Armitage and Emma Gairdner, in its London team. 12 October 2017
Insurance
The UK re/insurance market is likely to shrink due to the UK’s exit from the European Union as companies reorganize their operations to ensure access to the EU common market. Nevertheless, London is likely to remain an important re/insurance centre after the country exits the EU. 25 January 2017
Insurance
Bermuda-based insurer White Mountains has appointed Reid Campbell to become its chief financial officer (CFO). He succeeds David Foy who will remain an advisor to senior management through the end of 2017. 3 May 2017
Insurance
UK mutual reinsurer Pool Re has extended its retrocession programme cover to include material damage and direct business interruption (BI) caused by acts of terrorism using remote digital interference at renewal. 1 March 2018
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