News

Insurance

Insurance M&A speeds up driven by scale, geographic reach

The second half of 2017 showed an uptick in insurance M&A deals globally for the first time since 2015 and was followed by a number of high profile transactions in 2018.   12 March 2018

Insurance

Commercial insurers must embrace technology or get left behind: Airmic CEO

The commercial insurance sector must adapt to the fourth industrial revolution if it is to remain relevant in five to ten years' time, said Airmic CEO John Ludlow.   11 June 2018

Insurance

XL Group expects $1.48bn in nat cat losses

Bermuda-based XL Group said on Oct. 11 that it expects net losses of approximately $1.33 billion relating to Hurricanes Harvey, Irma and Maria, with total catastrophe losses including smaller loss events at approximately $1.48 billion in the third quarter.   12 October 2017

Insurance

Neon names head of its new political violence team

Neon has expanded its political violence team with the appointment of Greg McPhee as its head, effective October 1.   17 August 2016

News

JLT Re grows Bermuda operation with Somerset hire

Reinsurance broker and consultant JLT Re has hired Somerset executive Nicolas Bardon as a partner in its Bermuda operations, reporting to head of the office Guy Hengesbaugh.   18 August 2017

Insurance

Colony Specialty appoints environmental leader amid reshuffle

Kelly Killimett has been appointed to lead the environmental business of Colony Specialty, a subsidiary of Argo Group International Holdings.   18 August 2017

Insurance

Ryan Specialty closes UK unit sale to Towergate parent KIRS

US-based Ryan Specialty Group has completed the sale of its UK insurance services and claims management subsidiary Ryan Direct Group (RDG) to newly-formed holding KIRS Group.   23 June 2017

Insurance

Commercial insurance rates decline for 17th consecutive quarter

The second quarter of 2017 marked the seventeenth consecutive quarter in which commercial insurance rates declined, according to the latest MARSH Global Insurance Market Index.   16 August 2017

Insurance

New Lloyd’s syndicate Blend launches in Australia following Beazley deal

Blend Insurance Solutions, a new Sydney-based Lloyd’s underwriting agency, has officially launched into the Australian market after securing an accident and health renewal rights deal with Beazley Underwriting.   24 May 2017

Insurance

CFC names claims director

CFC, a specialist lines underwriting agency, has appointed Margaret Murphy as claims director, based in London.   19 September 2016

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