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Canada-based life insurer Sun Life Financial is in “a strong capital position” to pursue merger and acquisition (M&A) opportunities, CEO Dean Connor told AM Best. 3 July 2018
Insurance
Marsh & McLennan Agency (MMA), a middle market agency subsidiary of Marsh, has acquired Rockville, Maryland-based Insurance Associates, an independent insurance agency specializing in the construction industry. 3 July 2018
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Dutch insurance group Aegon has signed an agreement to expand its partnership with Banco Santander in Spain. 3 July 2018
Insurance
Pool Re, a UK mutual commercial reinsurer whose members include insurers and Lloyd’s syndicates, has appointed Tracey Paul to the newly-created role of chief strategy and communications officer. 3 July 2018
Insurance
Independent Lloyd's broker AFL Insurance Brokers has acquired a controlling stake in specialist employer protection managing general agency (MGA) Concordia Employment Services (Concordia). 3 July 2018
Insurance
Lloyd’s broker and delegated authority specialist Endeavour Insurance Services has signed an outsourcing agreement with Advent Insurance Management for its claims processing services. 2 July 2018
Insurance
Specialist Lloyd's insurer Neon has launched Orca Insurance Agency, a Lloyd’s approved coverholder that will underwrite on behalf of Neon Syndicate 2468. 2 July 2018
Insurance
When she took the reins in January 2014, Lloyd’s CEO Inga Beale became the first woman to head the 330-year old market for specialist insurance in London. She is stepping down while the modernisation process is very much a work in progress – a decision she has called tough – though most market participants credit her with having moved the market forward in a positive direction. 29 June 2018
Insurance
Lloyd’s CEO Inga Beale is stepping down next year after leading the global insurance and reinsurance market for five years. 29 June 2018
Insurance
Inga Beale, the chief executive of Lloyd’s, will step down at the end of the year after four years in the role, according to market sources. 29 June 2018
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