JLT Towers Re has appointed former Guy Carpenter head, David Flandro, as global head of strategic advisory.
Berkshire Hathaway has been granted a licence to operate within Brazil as an “eventual reinsurer” by the country’s insurance regulator Susep, according to reports.
Former Beecher Carlson executives Bret Quigley and Adam Meyerowitz have secured up to $200 million of equity backing to launch insurance distribution firm Prime Risk Partners.
Arthur J. Gallagher (AJG) has acquired Florida-based MGA Insurance Group.
Xuber, Xchanging’s insurance software business has launched a new software offering in partnership with Moore Stephens Consulting.
Broker Jardine Lloyd Thompson (JLT) has launched a Brisbane-based China desk to capitalise on the more than $40 billion two way investment flows between the two countries.
Heritage Insurance raised just $66 million from its initial public offering (IPO) on the New York Stock Exchange.
ACE Group has appointed Huang Lijia as its casualty manager for South Asia.
Germany’s Finance Minister Wolfgang Schaeuble has rejected comments that his overhaul of the way insurers meet obligations to policyholders will scare off investors.
Munich Re and RIB have signed an agreement to jointly develop the first global IT-based insurance product for large construction projects that covers elements of unplanned increase in construction cost.