Articles

Insurance

BMS gets long-term capital infusion from BCI and PCP at £500m valuation

Specialist re/insurance broker BMS Group has secured a significant long-term investment from British Columbia Investment Management Corporation (BCI) and Preservation Capital Partners (PCP).   6 June 2019

Insurance

JLT poaches aerospace specialist from Willis Towers Watson

JLT Specialty USA, a subsidiary of Jardine Lloyd Thompson Group (JLT), has appointed Glenn Beadling as executive vice president of JLT US aerospace team.   11 June 2018

Insurance

Randall & Quilter reveals two legacy deals

Randall & Quilter Investment Holdings (R&Q) has revealed its first transaction with a self-insurer in California, and a captive reinsurance transaction for a large US corporate airline.   11 June 2018

Insurance

AIG expects up to $1.7bn cat loss for Q3

American International Group (AIG) expects to report third quarter 2018 pre-tax catastrophe losses, net of reinsurance, of approximately $1.5 to $1.7 billion.   19 October 2018

News

Softbank seeks reinsurance tie-ups after Swiss Re deal dropped

Japanese conglomerate Softbank Group continues to hunt for ways to accelerate the digital upheaval in the insurance industry, including tie-ups with unspecified reinsurance players, said David Thevenon, dealmaker of the company’s Vision Fund, according to a Reuters Oct. 16 report.   18 October 2018

Insurance

Allstate pays $525m to acquire InfoArmor

US personal lines insurer Allstate Corporation is acquiring employee identity protection provider InfoArmor for $525 million in an all-cash transaction.   28 August 2018

Insurance

Paul Jardine favoured as new Lloyd’s CEO

Paul Jardine, previously Catlin’s chief operating officer and now responsible for XL Group’s communications & marketing function, claims and distribution strategy, is the favourite candidate for Inga Beale’s successor as CEO of Lloyd’s of London, according to a survey by Intelligent Insurer.   6 July 2018

Insurance

Allianz appoints London head of property from RSA

Allianz Group's specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has appointed Tim McGain as regional head of property in London.   4 July 2018

Insurance

PartnerRe acquires Canada's Claim Analytics to expand life and health business

Bermuda-based PartnerRe has acquired the assets of Claim Analytics, a Canadian provider of predictive analytics solutions to the insurance industry.   7 June 2018

Insurance

Zurich appoints new head of Oak Underwriting following takeover

Zurich Insurance Group has appointed Mark Peters as the new head of Oak Underwriting, a UK-based high net-worth insurance specialist, which it acquired from RSA Insurance.   3 July 2018

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