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R&Q closes largest legacy acquisition deal with AXA; CEO Randall says '2019 pipeline is strong'
Insurance
Insurance services and investment company Randall & Quilter Investment Holdings (R&Q) has completed the acquisition of Global US Holdings from an investment vehicle managed by AXA Liabilities Managers (AXA LM).   8 May 2019
Munich Re expects €1bn profit in second quarter 2019 due to lower expenditure and high reserve releases
Insurance
Germany-based global reinsurer Munich Re expects to report a consolidated result of approximately €1 billion for the second quarter of 2019.   19 July 2019
AFL taps UIB senior brokers Ritson and Draper to lead property and energy expansion
Insurance
Independent Lloyd’s broker AFL Insurance Brokers has hired experienced brokers Mark Ritson and Peter Draper as directors of international property and energy.   19 July 2019
Insurance
US-based specialty insurer JenCap Holdings is to acquire Aran Insurance Services Group, a specialty programme administrator with offices in Arizona, Colorado, Massachusetts and New York.   22 August 2019
Insurance
COVID-19 drives shift in cyber attack behaviour.   10 June 2020
Insurance
Nirvana Risk Partners has launched as an underwriting cell on the Castel Underwriting Agencies MGA (managing general agent) formation platform to target media, technology and cyber liability risks.   21 April 2017
Insurance
Broker Marsh has reached an agreement with AXA Group to acquire Bluefin Insurance Group (Bluefin), a broker network and managing general agent business owned, which is a subsidiary of AXA UK.   14 November 2016
Insurance
A modeled single-event cyber catastrophe would generate “meaningful to significant” gross losses for three of the top 20 cyber insurance providers, ranging from 15 percent to 119 percent of these companies’ estimated 2022 policyholder surplus under a stress-test scenario, according to AM Best.   21 August 2018
Insurance
Insurtech veteran Martha Notaras has been hired as managing partner.   13 January 2020
Insurance
Addressing sustainability and ESG is not simply a matter of complying with the rules—it’s essential for insurers’ survival, as panellists in a recent webinar held by global law firm DLA Piper discussed.   26 January 2021

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