Marsh & McLennan’s acquisition of JLT has been on the cards for some time. While the two players complement each other in many areas, Marsh has taken on a lot of debt to finance the deal—which may cause it problems. Intelligent Insurer reports.
Public-private enterprises must adapt—and terrorism pools are illustrating just how efficiently this can be done as they too adjust to the demands of a modern and rapidly changing world, says Emma Karhan of Aon Benfield.
Automation in the commercial insurance space has taken longer to evolve than in personal lines because the data is less homogenous, but the pace is now accelerating and technology is set to transform the job of underwriters, as Intelligent Insurer finds out.
Lloyd’s profitability review is being described as the biggest shakeup of the market since reconstruction in the 1990s. As syndicates are forced to pare back capacity, it could have far-reaching consequences well beyond the market itself, as Intelligent Insurer reports.
The Hartford’s move to acquire its close neighbour Navigators Group has taken many by surprise—but it could make good strategic sense for the company, which can now target global growth. Its aspirations for the reinsurance side of its new business will also raise a few eyebrows in the market, as Intelligent Insurer finds.
Ryan Specialty Group has a growing presence in the marine market — a confluence of market conditions and its own strategic decisions could mean further growth, as Intelligent Insurer finds out.
Insurtech companies have a unique opportunity to engrain diversity into their businesses from an early stage, says Gareth Eggle, principal, Eggle Consulting, who will chair a panel at Intelligent InsurTECH Europe 2018.
Continental Europe is ripe for an expansion of managing general agents (MGAs) and Ryan Specialty Group (RSG) is willing to take advantage of the growth potential for niche products in the region, Michael Rice, chairman and CEO of RSG Underwriting Managers (RSGUM), and Peter McKenna, CEO of RSG Europe, tell Intelligent Insurer.
Insurtech, new risks and the growing involvement of the capital markets are all making the re/insurance industry more attractive to young people—and they look increasingly critical to its future. As part of a wider feature available online, Intelligent Insurer speaks to 45 young executives—all under 35—destined for success within this evolving sector.
Regulatory issues and heightened monitoring by regulators and stakeholders are impacting bank boards in Greece, says Konstantine Antonopoulos of Matrix Insurance & Reinsurance Brokers.