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Aon reinsurance reveals UK leadership changes; hires Guy Carp Bermuda CEO
Insurance
Broker Aon’s reinsurance solutions business has made a new senior hire and a series of role changes within its UK leadership team based in London.   7 September 2018
Tokio Marine acquires $328m stake in Hollard
Insurance
Japan's property/casualty insurer Tokio Marine Holding has entered into a definitive agreement to acquire a 22.5 percent stake in South African insurer Hollard Holdings and Hollard International for 5 billion rand ($328 million) in cash and is looking for additional M&A targets.   7 September 2018
Alternative Risk Transfer
The catastrophe bond limit on-risk has reached $30 billion during the 12 months to June 30, 2018 – an increase of $4.2 billion from the prior year period, and a new record for the sector, Aon noted in the report titled 'Alternative Capital Fortifies Its Position'.   7 September 2018
Insurance
California’s Carr and Mendocino complex fires’ claims top $845 million and are now counted among the most destructive wildfires in the state's history, according to California’s Insurance Commissioner Dave Jones.   7 September 2018
Insurance
Triton Audit, part of service provider Triton Global, has expanded its audit and inspection services to the insurance market, with the offering of a US domiciled audit service.   2 September 2014
Insurance
Specialty re/insurer MS Amlin has bolstered its Asia Pacific underwriting team based in Singapore with three new hires from Swiss Re, Marsh and Singapore War Risks Mutual.   8 June 2018
Insurance
AXIS has revealed the timeline for it to complete its acquisition of Novae following consultation with the European Commission and other regulators.   26 September 2017
Insurance
Berkshire Hathaway’s recent arrangement with Aon, whereby it takes a 7.5 percent quota share on all retail subscription business with some Lloyd’s participation, has caused controversy in the industry. Intelligent Insurer asked a range of industry figures: “Do you believe it represents an innovative blueprint of things to come in the industry, or a potential threat to underwriting expertise?”   1 September 2013
News
As part of a reorganisation of its Global P&C operations, SCOR has revealed a number of key appointments.   5 September 2018
Insurance
A mid-June storm affecting parts of Saskatchewan and Manitoba resulted in more than C$90 million ($68.4 million) in insured damage, according to data from Catastrophe Indices and Quantification.   23 July 2018

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