News

Insurance

Willis Towers Watson swoops on Marsh financial institutions trio for Canada expansion

Broker Willis Towers Watson has recruited three senior executives from Marsh & McLennan to lead its expansion into the Canadian financial institutions (FI) market.   18 July 2019

Insurance

BMS gets long-term capital infusion from BCI and PCP at £500m valuation

Specialist re/insurance broker BMS Group has secured a significant long-term investment from British Columbia Investment Management Corporation (BCI) and Preservation Capital Partners (PCP).   6 June 2019

Insurance

AmTrust at Lloyd’s expands into new line of business with Novae hire

AmTrust at Lloyd’s (ATL) has appointed Lucy Forcey as senior underwriter of North American property catastrophe treaty, a new line of business for ATL Syndicate 1861.   26 October 2018

Insurance

Lockton hires Hartnett and Spears as new producers in US

Insurance broker Lockton has hired Chris Hartnett in its Nashville office, and James Spears in St. Louis Series, as new producers.   18 July 2017

Insurance

Arch Insurance appoints new head of US property from AIG

Arch Insurance, part of Bermuda-based re/insurer Arch Capital Group, has hired AIG's Valerie Turpin as executive vice president (EVP) and head of US property.   6 September 2018

Insurance

Companies House data reveals 21st century insurance firms outnumber incumbents two to one

Two in five insurance businesses in the life and non-life insurance sectors have emerged in less than a decade, since 2010, according to a study of Companies House data by digital home insurer Policy Expert.   12 July 2019

Insurance

AIG makes Chubb hire to 'tell the story of the company's next chapter'

American International Group (AIG) has recruited property/casualty insurer Chubb's Anita Williamson as global head of employee communications.   15 August 2017

Insurance

Willis Re appoints new global CEO as Cavanagh steps down

Willis Re, the reinsurance business of broker Willis Towers Watson, has revealed that James Kent will succeed John Cavanagh as its global CEO.   6 July 2017

Insurance

AIG expects up to $1.7bn cat loss for Q3

American International Group (AIG) expects to report third quarter 2018 pre-tax catastrophe losses, net of reinsurance, of approximately $1.5 to $1.7 billion.   19 October 2018

News

Softbank seeks reinsurance tie-ups after Swiss Re deal dropped

Japanese conglomerate Softbank Group continues to hunt for ways to accelerate the digital upheaval in the insurance industry, including tie-ups with unspecified reinsurance players, said David Thevenon, dealmaker of the company’s Vision Fund, according to a Reuters Oct. 16 report.   18 October 2018

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