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Insurance
As the re/insurance sector faces another year of soft pricing environment in 2017, market participants fear that large losses could significantly hit profits, which have been protected by the benign cat environment in recent years. 27 December 2016
Insurance
JLT Specialty has poached over 20 Willis executives to fill its specie, fine art and jewellery ranks. 2 April 2015
Insurance
Terrorist groups such as Islamic State have shed light on gaps in the offering of terrorism insurance which offers an opportunity to grow for some carriers. 26 December 2016
Insurance
Wilton Re, a US life re/insurer, has completed the previously announced acquisition of Continental Assurance Company (CAC) from CNA Financial Corporation (CNA). 4 August 2014
Insurance
The Hartford has entered into a definitive agreement to sell its run-off life and annuity businesses Talcott Resolution to a group of investors for a total value of around $3 billion. 4 December 2017
Insurance
Willis has appointed Philip Smaje as chief broking officer for Willis GB, the operating segment that includes Willis’s UK retail insurance business, facultative and London specialty businesses. 20 January 2015
Insurance
Law firm Drinker Biddle & Reath has added two US lawyers to its London Office. 9 March 2015
Insurance
Law firm Clyde & Co has hired Andrew Gray as a partner in its global marine team in its Singapore office. He will join in early 2016.
He joins Clyde & Co from Hill Dickinson where he was a partner in the Marine, Trade and Energy team. 11 November 2015
Alternative Risk Transfer
Independent insurance manager Horseshoe Group has acquired IKONIC Fund Services, a fund administrator, to form an independent fund administrator and insurance manager dedicated to both the insurance linked securities (ILS) and the alternative fund markets. 13 June 2016
Insurance
Arthur J Gallagher (AJG) has appointed Grahame Chilton as chief executive officer (CEO) of the company’s UK-based international brokerage division. 20 February 2015
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