JLT Specialty, a US subsidiary of Jardine Lloyd Thompson (JLT), has appointed Robert Battenfield as senior vice president and leader of downstream energy.
Iberian Insurance Group (IIG), a specialist managing general agent (MGA), has been launched to focus on the growing small to medium-sized (SME) insurance market in Spain.
Private equity group Blackstone is set to acquire Chicago’s Willis Tower.
Insurance outsourcing firm Quindell has confirmed that it is in acquisition discussions regarding its professional services division with law firm Slater & Gordon.
The World Bank Group is developing a pandemic emergency facility, which will rapidly disburse payouts to countries hit by such as crisis.
American International Group (AIG) is set to acquire a controlling stake in NSM Insurance Group, through a non-operating holding company, NSM Investments.
Specialist lines underwriting agency, CFC, has launched two new products from its recently established contingency team.
The World Bank Group, the Global Facility for Disaster Reduction and Recovery (GFDRR) and the UK Department for International Development (DFID) have joined forces to launch a new fund.
Lloyd’s has opened a branch office in Beijing, in a bid to access new business and forge closer links with business partners in China’s capital.
Rating agency Standard & Poor’s (S&P) has removed Axis Capital and PartnerRe from credit watch negative and affirmed the pair’s ratings, with a stable outlook.