News

Insurance

R&Q raises £100m in capital to fund growth and replenish liquidity

Non-life insurance and investment specialist Randall & Quilter Investment Holdings (R&Q) raised gross proceeds of approximately £100 million to support the development of its programme management business, and assist in maintaining the AM Best credit and financial strength ratings of the accredited companies.   7 February 2019

Insurance

AIG sells $502.5m in Arch shares

AIG is selling 5,674,200 shares in Arch Capital Group with a total value of $502.5 million.   13 March 2018

Insurance

Hot Asia M&A insurance market drives prices

Asia’s mergers & acquisitions (M&A) market is a “very hotly contested area” and this is driving prices up, Aviva Asia chief strategy officer Alex Kimura, told AM Best.   13 March 2018

Insurance

R&Q writes $70m adverse development cover

Randall & Quilter Investment Holdings (R&Q) has issued adverse development reinsurance covering medical professional liability and general liability risks providing $70 million of coverage to a US domiciled Risk Retention Group (RRG).   12 March 2018

News

Guy Carpenter names new head of credit, bond and political risk practice

Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies, has promoted Gregory King-Underwood to head of the credit, bond and political risk practice of Guy Carpenter International.   25 July 2018

Insurance

AI-powered insurtech FRISS enters UK to tackle insurance fraud

Insurtech FRISS, a provider of artificial intelligence-based fraud and risk solutions for the property/casualty (P&C) insurance industry, has opened its UK office led by Martyn Griffiths.   23 July 2019

Insurance

Microinsurance consortium adds ninth member

ASSA Compañía Tenedora is the ninth member joining Blue Marble, a consortium of insurers and reinsurers focused on providing insurance to the 2 billion people around the world facing financial protection gaps.   8 March 2018

Insurance

Lockton appoints new UK benefits leaders

Broker Lockton has appointed senior vice presidents Jon Green and Chris Rofe to jointly assume the leadership responsibilities for its UK and international benefits practice.   5 April 2018

Insurance

Marsh president steps down; successor named

Marsh has recruited Martin South as president of its US and Canada division.   22 July 2016

Insurance

Pioneer appoints chief operating officer from WTW

Pioneer Underwriters has appointed Simon Gaffney as group chief operating officer, effective immediately, based in London.   1 May 2018

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