News

Insurance

MetLife Japan CEO Shah departure causes leadership reshuffle

Insurer MetLife has appointed new leaders for Japan and the EMEA region following the departure of Sachin Shah, chairman, president and CEO of MetLife Japan.   5 December 2018

Insurance

JLT secures broking licence extension in China

Jardine Lloyd Thompson (JLT) has been granted a licence to cover all lines of insurance brokerage business in China.   6 June 2018

Insurance

JLT taps Beazley, Marsh, Aon for European cyber expansion

JLT Specialty, a subsidiary of Jardine Lloyd Thompson Group, has expanded its European cyber practice based in London and Stockholm with the appointment of four new members.   23 July 2018

Insurance

US insurers retain coal support

While most of the leading European insurers have by now taken action on coal, none of the nine US insurers assessed have taken any steps, according to the Unfriend Coal campaign.   3 December 2018

Insurance

Wildfires sweep through California’s vineyards

Wildfires swept through Northern California’s world-famous wine country, destroying homes and businesses, Reuters reported on Oct. 9.   10 October 2017

Insurance

Standard Life Aberdeen sells £3.24bn insurance business to Phoenix

Standard Life Aberdeen is selling its insurance business to UK-based insurance services provider Phoenix Group for a total consideration of £3.24 billion.   23 February 2018

Insurance

Aon forms new ventures group, appoints CIO and leadership team

Broker Aon has established a new ventures group as part of its growth strategy and assigned members of its senior leadership team to oversee it.   19 October 2018

Insurance

Apax sells AssuredPartners to original owner GTCR Group

London-based private equity firm Apax Partners is selling its entire stake in property/casualty broker AssuredPartners to an investor group led by Chicago-based PE firm GTCR.   21 February 2019

Insurance

Aviation insurance market rates harden further

The aviation insurance market faced further upwards pricing pressure in the first half of 2018 driven by “on-going underwriting discipline and three-tier market conditions,” according to the JLT’s most recent Airline Insurance Market Update.   18 July 2018

Insurance

Arch board member Kewsong Lee resigns

Bermuda-based Arch Capital Group said that Kewsong Lee has resigned from its board of directors because of the expansion of his duties at Carlyle Group following his recent promotion to co-CEO effective January 1, 2018.   3 November 2017

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