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Liberty Specialty Markets (LSM) has rebranded its reinsurance division as Liberty Mutual Re and launched a reinsurance operation in Italy for the first time. 3 July 2018
Insurance
Marsh & McLennan Agency (MMA), a middle market agency subsidiary of Marsh, has acquired Rockville, Maryland-based Insurance Associates, an independent insurance agency specializing in the construction industry. 3 July 2018
Insurance
Insurance broker Brown & Brown has acquired US-based Health Special Risk (HSR), a provider of third-party administration (TPA) and managing general underwriting (MGU) services for special risk and accident & health insurance. 2 July 2018
Insurance
Lloyd’s broker and delegated authority specialist Endeavour Insurance Services has signed an outsourcing agreement with Advent Insurance Management for its claims processing services. 2 July 2018
Insurance
The football World Cup will be watched by a billion people globally, but it is possible at all only thanks to the complex web of insurance policies underpinning its large and complex risks, from injured footballers to cyber and terrorism attacks. Intelligent Insurer reports. 2 July 2018
Insurance
Momentum for rate increases on loss-free reinsurance accounts dissipated during the June/July property catastrophe renewals, and in some cases, pricing declined, according to Willis Re. 2 July 2018
Insurance
When she took the reins in January 2014, Lloyd’s CEO Inga Beale became the first woman to head the 330-year old market for specialist insurance in London. She is stepping down while the modernisation process is very much a work in progress – a decision she has called tough – though most market participants credit her with having moved the market forward in a positive direction. 29 June 2018
Insurance
Inga Beale, the chief executive of Lloyd’s, will step down at the end of the year after four years in the role, according to market sources. 29 June 2018
Insurance
Digital all-round insurer ONE and Munich Re have created a joint venture called ONE Coach which will enable customers to monitor in real time how their individual lifestyle choices affect their risk assessment score, according to a company statement. 28 June 2018
Insurance
Athene Holding, the life insurance affiliate of private equity firm Apollo Global Management, has expressed interest in acquiring all or parts of General Electric’s troubled long-term care insurance business, according to a Financial Times report citing two people familiar with the matter. 28 June 2018
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