News
Insurance
Global insurance broking and risk management firm Marsh has unveiled Joe Grogan as executive chairman of Marsh Ireland. It also announced that the current managing director of JLT Ireland Patrick Howett will become CEO of Marsh Ireland when the deal between Marsh’s parent company, Marsh & McLennan Companies and JLT, closes. 5 March 2019
Insurance
Amynta Group, a group of warranty, managing general agent (MGA) and specialty risk companies, has appointed Bob James executive vice-president, Managing General Agencies. 5 March 2019
Insurance
US insurer Chubb has increased its stake in the Chinese Huatai Insurance Group creating the “first domestic Chinese financial services holding company to convert to a Sino-foreign equity joint venture”, the company said. 5 March 2019
Insurance
London-based insurtech Zego has launched in Spain, with the opening of a new office in Madrid, to offer flexible pay-as-you-go insurance products to scooter delivery riders and private hire vehicle fleets in the country. 5 March 2019
Insurance
AXA has revealed its plan to expand into a new market through a partnership with mobile phone insurance provider Pier Insurance. 4 March 2019
Insurance
Bermuda-based mortgage insurance provider Essent Group, a subsidiary of Essent Guaranty, has secured $473.2 million of fully collateralised excess of loss reinsurance coverage. 4 March 2019
Insurance
Insurance firms in the Americas region will continue to “dominate” global M&A activity despite a predicted drop in deal-making for the first half of 2019, a report from law firm Clyde & Co has said. 4 March 2019
Insurance
Broker Arthur J Gallagher is acquiring the global aerospace operations of Jardine Lloyd Thompson Group (JLT). 4 March 2019
Insurance
UK government-backed terrorism mutual reinsurer Pool Re has completed a £2.3 billion terrorism retrocession placement led by Munich Re. 1 March 2019
Alternative Risk Transfer
The future of Markel CatCo looked less certain today as the company’s board said it would “recommend an orderly run-off” of the firm's portfolios. 1 March 2019
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