Lloyd’s insurer ERS, formerly Equity Red Star, has made a half year profit for the first time in five years.
Business processing provider, Xchanging, posted a 24 percent reduction in Q2 profits, but says that it remains on par to reach its end of year target.
Specialist listed Lloyd’s insurer Novae Group has appointed William Alderton as unit head of its newly formed international property binder unit.
Bermuda-based Arch Capital posted increased profits and a 20 percent increase in gross premiums written in Q2, focusing heavily on the convergence space and US mortgage business.
Arthur J. Gallagher has acquired US employee benefit consultation firm Insurance Point.
The Hartford has made a number of changes to its senior leadership team.
Aon has appointed John Bruno as executive vice president (EVP) of enterprise innovation and chief information officer.
Xchanging the business process, procurement and technology services provider, has appointed Richard Cornish as head of internet of things (IoT) to steer the company’s services in the IoT space and drive strategic growth for Xchanging Technology Services.
IronHealth, the specialty healthcare unit of Ironshore, will offer the first insurance Medi-Care Set-Aside liability policy.
Insurer Allstate produced a strong set of results for the second quarter as profits increased by 41.5 percent, despite being hit by higher cat losses.