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Professional services firm Marsh & McLennan Companies increased revenue across its risk and insurance services in the second quarter of 2017, including reinsurance arm Guy Carpenter which grew 4 percent. 28 July 2017
Insurance
The executives driving any merger or acquisition must set out clear strategic objectives and deliver on them—or risk getting fired in the aftermath of a deal if they are not met, according to Paul Clark, partner and managing director at Boston Consulting Group and a specialist in change management, speaking to Intelligent Insurer on how the success—or failure—of such deals should be judged. 27 December 2016
Insurance
Insurance premium increases are a “near certainty” for shipping in the region of the strait of Hormuz after Iran seized UK-flagged oil tanker Stena Impero on Friday 19 July. 22 July 2019
Insurance
Re/insurer XL Catlin has launched its specialty aviation insurance offering in Mexico. The new product suite will initially focus on general aviation hull and liability risks. 22 June 2018
Insurance
Chinese financial heavyweight Guo Shuqing has been appointed head of the country’s newly merged regulator for the banking and insurance sectors, Reuters reported citing an online article by Financial News, the official newspaper of the central bank. 22 March 2018
Insurance
Apollo Global Management and Athene Holding have entered into a definitive agreement with GE Capital to buy PK AirFinance, an aviation lending business from GE Capital’s Aviation Services (GECAS) unit. 30 August 2019
Insurance
Bermuda-based re/insurer AXIS Capital has appointed the former chief financial officer (CFO) of Allied World to a new position of global corporate controller. 22 October 2018
Insurance
‘Transaction reflects a trend for trustees to seek guarantees for all of their risks.’ 14 November 2019
Insurance
American International Group (AIG) is acquiring Ellipse, a specialist provider of group life risk protection in the UK, from Munich Re. 20 June 2018
Insurance
RSA’s UK and London market business made an underwriting loss of around £70 million with a combined ratio of around 110 percent in the third quarter of 2018. 28 September 2018
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