Articles

Insurance

Former Aon president McGill sees opportunity as M&As limit choice

Mergers and acquisitions in the insurance market have cut client choice to such an extent that industry veteran and former Aon group president Steve McGill spotted an opportunity for a new kind of venture.   7 May 2019

Insurance

Samsung acquires 'strategic stake' in Lloyd's insurer Canopius

Specialty re/insurer Canopius has signed an agreement with Korea's Samsung Fire & Marine Insurance (SFMI) that will see SFMI become a significant minority investor in the company.   3 May 2019

Insurance

The Hartford strikes $300m ADC deal for Navigators with Berkshire Hathaway

US-based property/casualty insurer The Hartford has agreed a $300 million aggregate excess of loss reinsurance treaty with National Indemnity Company (NICO), a subsidiary of Berkshire Hathaway.   2 May 2019

Insurance

BMS Capital Advisory swoops on JLT's Chris DeMuth as senior vice president

Specialist re/insurance broker BMS Group has appointed Chris DeMuth as senior vice president of BMS Capital Advisory, the company's investment banking division.   2 May 2019

Insurance

Aquiline-backed broker Relation beefs up leadership team to drive growth

US broker Relation Insurance Services has hired former Swiss Re executive Chris McKechnie as CFO and ex-Waller Helms managing director Tim Hall as head of M&A as it targets growth both organically and through accretive acquisitions.   2 May 2019

Insurance

Specialty insurance CRC Group buys MGA and surplus lines broker Argenia

US wholesale specialty insurance firm CRC Group has acquired Argenia, an MGA and surplus lines broker based in Arkansas, US.   2 May 2019

Insurance

Lloyd’s broker EC3 hires first head of broking from Integro

London-based EC3 Brokers has appointed James Murphy to the newly-created role of head of broking.   2 May 2019

Insurance

John Neal says 'Lloyd’s is changing' as he plots bold new strategy for future

Lloyd's has published its strategic plan of "transformational initiatives", including simplifying market access and lowering costs, to ensure the 333-year-old marketplace can thrive in an increasingly challenging environment.   1 May 2019

Insurance

Voce swings at Argo again with ‘roadmap to unlock shareholder value’

In another attack on Argo and its board, activist investor Voce Capital Management has published a detailed plan explaining how, it claims, Argo could “unlock substantial shareholder value”.   1 May 2019

Insurance

Willis Towers Watson launches $1bn political risk insurance programme

Broker Willis Towers Watson has launched a new political risk insurance programme supported with over $1 billion of market capacity.   1 May 2019

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