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Insurance
Insurance broker Charles Monat Associates (CMA), which has a prominent presence in Asia, has agreed to a management buyout (MBO) to acquire 100 percent of the global wealth solutions business of Willis Towers Watson. 11 May 2017
Insurance
Specialist insurer Tokio Marine Kiln (TMK) has added construction insurance to its portal enabling brokers to quote and bind risks online. 11 May 2017
News
Bermuda-based RenaissanceRe has seen its combined ratio deteriorate in the first quarter of 2017 due to the change of the personal injury Ogden discount rate in the UK and higher personal claims. 3 May 2017
Insurance
Bermuda-based Validus Holdings has completed the acquisition of Archer Daniels Midland (ADM) Company’s Crop Risk Services (CRS) business. 2 May 2017
Insurance
Property/casualty insurer Chubb has announced new management roles and promotions in the UK and Ireland to further build its presence in the middle market. 27 April 2017
Insurance
Bermuda-based Validus Holdings recorded a sharp drop in net income on lower underwriting income and a deteriorating combined ratio. 27 April 2017
Insurance
Specialty insurer Markel has seen its net income drop significantly in the first quarter of 2017 as the combined ratio jumped due to a reserve charge after the UK’s bodily injury Ogden discount rate change. 27 April 2017
Insurance
Insurance intermediary Towergate has managed the turnaround in 2016 while restructuring continues. 27 April 2017
Insurance
Syndicate Research Limited (SRL) downgraded the Continuity Opinion of Lloyd’s Syndicate 2001 due to its financial underperformance. 27 April 2017
Insurance
Hamilton Re, the Bermuda-based property/casualty reinsurer of Hamilton Insurance Group, has reshuffled certain senior management roles and hired new executives to diversify its portfolio. 27 April 2017
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