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M&As up 9% but uncertainty to bring lull, finds report
Insurance
Mergers and acquisitions grew 9 percent in the global insurance sector in 2018 as insurers looked to increase their access to customers and innovation, and benefit from greater scale, according to a Clyde & Co report out today (Monday 11 February).   11 February 2019
Allstate’s Wilson says personal protection growth strategy ‘working’
Insurance
US insurer Allstate Corporation said its strategy to grow its personal protection market share, including the acquisition of InfoArmo, is working as it reported its 2018 year end results.   8 February 2019
RenRe bolsters board with PepsiCo's Trudell as independent director
Insurance
Bermuda-based RenaissanceRe Holdings (RenRe) has appointed Cythnia Trudell to serve as an independent director of the company, following the retirement of Edward Zore.   8 February 2019
Insurance
Channel Syndicate 2015 at Lloyd’s has hired active underwriter Nick Forti from Brit syndicate 2988 as the company is looking to expand its London market profile as a specialist insurer.   8 February 2019
Insurance
Multiple winter storms and extreme cold driven by the polar vortex in January led to a billion-dollar economic cost in the United States, according to the Aon catastrophe report.   8 February 2019
Insurance
Beazley CEO highlights growth in US business and rise in gross premiums written in 2018 results despite depressed earnings as challenging market conditions take their toll.   7 February 2019
Insurance
Catastrophe losses drove a net loss of $147 million at Bermuda-based Aspen Insurance Holdings, which is to be acquired by alternative investment manager Apollo in a $2.6 billion deal signed in August 2018.   7 February 2019
Insurance
Bermuda-based White Mountains Insurance Group reported a "tough fourth quarter" with $141 million comprehensive loss attributable to common shareholders across its portfolio of businesses. This compares with a profit of $23 million for the same period in 2017.   7 February 2019
Insurance
Willis Towers Watson celebrate "outstanding finish to a strong year" as CEO highlights healthy revenue growth in 2018 results.   7 February 2019
Insurance
Non-life insurance and investment specialist Randall & Quilter Investment Holdings (R&Q) raised gross proceeds of approximately £100 million to support the development of its programme management business, and assist in maintaining the AM Best credit and financial strength ratings of the accredited companies.   7 February 2019

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