News
Insurance
Arch Insurance North America has entered into a definitive agreement to acquire insurtech managing general underwriter (MGU) Ventus Risk Management. 15 August 2019
Insurance
London-based McGill & Partners, a specialty risk solutions company, has signed an agreement with broker Marsh and JLT Specialty to acquire certain specialty business from Marsh in London. 15 August 2019
Insurance
Broker Willis Towers Watson has appointed Adam Garrard as new leader for the corporate risk & broking (CRB) segment, replacing Todd Jones who is joining specialist insurer QBE Insurance Group as CEO North America. 15 August 2019
Insurance
American International Group (AIG) has hired Munich Re's Richard Olsen as new chief actuary, general insurance, based in New York. 15 August 2019
Insurance
Challenging business conditions, coupled with cheap financing in the debt market, will continue to fuel mergers and acquisitions (M&A) activity and drive consolidation in the global reinsurance market, according to a new report from Standard & Poor (S&P). 14 August 2019
Insurance
AXIS Re, the reinsurance business segment of AXIS Capital Holdings, has appointed Gino Smith as head of property for Europe, the Middle East and Africa (EMEA) Latin America, effective November 2019. 14 August 2019
Insurance
Everest Insurance, the specialty insurance division of Bermuda-based Everest Re Group, has added two new senior executives to its US excess casualty group, following the recent team expansions in the Midwest and West regions. 14 August 2019
Insurance
Broker Brown & Brown has acquired substantially all of the assets of employee benefits firm Yozell Associates in the US. 14 August 2019
Insurance
Specialist re/insurance marketplace Lloyd's of London saw a significant increase in the use of placing platform PPL during the second quarter of 2019 with more than half of its in scope risks placed electronically. PPL board chair Bronek Masojada said the market has "genuinely adopted" e-placements and he hopes to achieve the same success in submission rates. 13 August 2019
Insurance
Globe Underwriting, the UK based managing general agent, has appointed Peter Rossell as head of engineering underwriting. 13 August 2019
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