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Arthur J. Gallagher & Co will acquire specialist UK insurance broker Stackhouse Poland Group in a deal expected to close in the first quarter 2019. 7 January 2019
Insurance
As India opens its market to international reinsurers, major foreign players are applying for licences to take advantage of the country’s strong growth potential. But they will encounter a fairly soft market with prices likely to depreciate further due to the additional inflow of capacity, and a paramount state-run competitor, experts believe. 13 October 2016
Insurance
As the Indian market opens up to foreign reinsurers, it can offer opportunities for long-term growth but also risks for reinsurers that are unprepared. Only players with technical expertise and a long-term plan will prosper, says Philip Chung, director at S&P Global Ratings. 12 October 2016
Insurance
Although the term ‘insurtech’ can be a bit of a distraction, it is clear that all aspects of insurance will be fundamentally impacted by developments in data and analytics that improve decision-making, and by the technology that makes it all happen smoothly. 23 October 2018
Insurance
General insurer Insurance Australia Group (IAG) has appointed Peter Harmer as chief executive of IAG labs, with responsibility for driving digital and innovation across IAG and its brands. 31 July 2015
Insurance
Everest Insurance has partnered with cybersecurity firm Soteria to help private equity policyholders build safer and more secure internal networks. 2 May 2017
Insurance
AM Best has assigned a Financial Strength Rating (FSR) of B (Fair) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “bb+” to UK-based Folgate Insurance Company. The outlook assigned to these Credit Ratings (ratings) is stable. 22 November 2018
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Specialist insurer Markel International has acquired managing general agent and specialist insurer MDT Makler der Touristik GmbH Assekuranzmakler. 8 October 2014
Insurance
Insurance broker Lockton has hired a new producer from Aon to join its Kansas City operation and manage client risks. 31 August 2017
Insurance
RPC Consulting, the insurance consultancy arm of law firm RPC, has hired two executives from Willis Towers Watson to expand its consulting business in London. 12 December 2016
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