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Apollo acquires Aspen for $2.6bn
Insurance
Alternative investment manager Apollo is offering $2.6 billion to buy Bermuda-based Aspen Insurance Holdings and take the insurer private.   28 August 2018
European insurers target high-margin lines, reduce cost
Insurance
European insurance companies are increasingly concentrating on high-margin lines and cost efficiencies in order to meet return on equity (ROE) targets, according to AM Best.   28 August 2018
Insurance
Specialty re/insurer Canopius has hired Sean Redden for a new London-based role as underwriting counsel for its specialty division, with a specific focus on credit and political risk.   28 August 2018
Insurance
Broker Aon has appointed Goldman Sachs' Joel Sulkes as global financial institutions leader, based in New York.   28 August 2018
Insurance
Specialty re/insurer Argo Group International Holdings has appointed Marsh Duncan to serve as senior vice president US specialty programmes.   28 August 2018
Insurance
Allied World Assurance Company Holdings has appointed Yeo Meng Wong as senior vice president & general manager, Asia Pacific treaty reinsurance division.   28 August 2018
Insurance
The US property/casualty industry’s net underwriting income improved in the first half of 2018 to $5.3 billion, compared with a $5.0 billion underwriting loss in the same prior-year period, according to data by AM Best.   24 August 2018
Insurance
Bermuda-based Aspen Insurance Holdings has granted its group chief financial officer Scott Kirk with a retention award in the amount of $2 million.   15 August 2018
Insurance
Fosun International vice president Li Tao has been appointed as chairman of the board of directors of Hong Kong-based Peak Reinsurance Company.   15 August 2018
Insurance
UK motor insurer Admiral Group grew profits and turnover in the first half of 2018 as its core business delivered.   15 August 2018

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