Articles

Insurance

Marsh enjoys solid revenue growth in Q2

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

Willis Re hires former Trans Re exec into global engineering practice

Willis Re has appointed Andrew Vince as deputy head of its global engineering practice.   4 May 2018

Insurance

Typhoons put pressure on Tokio Marine, MS&AD, Sompo

The recent run of large natural disasters to hit Japan has put downward pressure on the creditworthiness of the nation's three largest non-life insurance groups, S&P Global Ratings suggested in a briefing.   3 October 2018

Insurance

Managing agents prefer Lloyd’s Brussels

Managing agencies slightly favour the use of the Lloyd's Brussels subsidiary (57 percent) over the creation of their own EU subsidiary (43 percent), according to a survey with Lloyd’s market chief operating officers (COOs) commissioned by the Lloyd’s Market Association (LMA).   25 June 2018

Insurance

Phinsys and PWC unite to deliver tech tools to manage rise in regulatory demands; IFRS17

A partnership between finance automation software provider Phinsys and consultants PwC has developed technology to enable finance transformation and streamlined IFRS 17 projects.   23 July 2019

Insurance

US insurers brace for $3bn winter storm damage

A series of winter storms in the US have caused a total combined economic damage of around $3 billion, according to Aon Benfield estimates.   5 April 2018

Insurance

UIB launches Colombian retail broker operation; appoints CEO

Re/insurance broker UIB has launched a retail broking business in Colombia to be headed by Yolanda Guerra as chief executive officer.   5 April 2018

Insurance

Marine insurance premium rise ‘near certainty’ as hostility escalates over Iran-UK tanker seizure

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

Apollo, Athene to buy GE Capital’s aircraft lending unit PK AirFinance

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

XL Catlin launches specialty aviation insurance in Mexico

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

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