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MDP and HPS funds take minority equity stake in UK-broker Ardonagh Group
Insurance
Two investment funds have agreed to buy a £92million ($117 million) stake in independent broker the Ardonagh Group.   21 May 2019
MS Amlin acquires strategic stake in specialist reinsurance MGA Envelop Risk
Insurance
Global re/insurer MS Amlin has acquired an equity stake in specialist reinsurance managing general agent (MGA) Envelop Risk.   21 May 2019
Greenlight Re invests in online insurance dispute resolution business FairClaims
Insurance
The Cayman Islands-based reinsurer Greenlight Re's insurtech unit has made a strategic investment in an online insurance and consumer dispute resolution start-up FairClaims.   20 May 2019
Insurance
Specialist reinsurance broker Capsicum Re has appointed Tom Mills to its Bermudian operation, in a move aimed at growing its presence on the island as it enters fifth year of trading since opening its office in 2014.   20 May 2019
Insurance
Rating agency AM Best has revised the outlook of Bermuda-based reinsurer Third Point Re to negative from stable, expressing "concerns over the company’s business profile", its ability to make underwriting profits, and the recent changes in its senior management including the departure of its CEO Robert Bredahl.   17 May 2019
Insurance
US-based property/casualty insurer The Hartford has received all regulatory approvals necessary for the closing of its acquisition of global specialty insurance holding The Navigators Group.   17 May 2019
Insurance
Average commercial insurance prices globally enjoyed their biggest increase since 2012 in the first quarter of 2019, according to Marsh’s Global Insurance Market Index.   17 May 2019
Insurance
Re/insurance broker Aon has made several organisational changes within its global reinsurance clients team co-led by Brad Melvin and Bruce Selby Bennett, in a move it hopes will help better align and integrate with the wider firm, and increase value to its clients.   17 May 2019
Insurance
German reinsurer Deutsche Rück Group's profits soared in 2018 but its book shrank due to a restructuring of a business segment within the group of German public insurers.   17 May 2019
Insurance
DataCubes, an automation platform for commercial P&C underwriting, has partnered with Synergy Coverage Solutions, a niche workers’ compensation MGA operating primarily in the Southeast and Midwest.   17 May 2019

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