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Guy Carpenter revenues fall 20% in Q3
Insurance
Marsh & McLennan’s (MMC’s) reinsurance unit Guy Carpenter has seen its revenues fall by 20 percent year on year in the third quarter of 2018 to $215 million.   25 October 2018
Insurance
Activist investor Carl Icahn filed a lawsuit against AmTrust Financial Services and the family that controls the company, accusing them of trying to take the insurer private at the wrong time and at the wrong price, according to a Reuters May 21 report.   22 May 2018
Where is consolidation taking the sector, asks GC panel
News
The Guy Carpenter Baden-Baden 2018 Reinsurance Symposium has raised the question of where the recent wave of mergers & acquisitions (M&A) is taking the sector.   22 October 2018
Insurance
Skuld, a marine insurance provider, has appointed Paul Knighton as global head of marine cargo and marine property. He will join Skuld Syndicate 1897 in the summer.   19 January 2017
Insurance
Specialist insurer Markel International has appointed Amer Ibrahim as marine underwriter in Dubai to extend the range of its business in the MENA region.   10 May 2017
Insurance
The interconnectivity of devices and Internet of Things (IoT) can adversely impact insurers’ balance sheets and portfolios due to the nature of cyber risk aggregation.   10 May 2017
Insurance
Commercial property/casualty (P/C) rates declined on average by 2.5 percent in the first quarter of 2017, compared to 3.3 percent in the fourth quarter of 2016, according to The Council of Insurance Agents & Brokers’ Commercial P/C Market Survey.   10 May 2017
Insurance
Specialist re/insurance broker BMS Group has appointed Andrew Godden as chief executive officer (CEO) of Australia. He will be based in Sydney, and report directly to BMS CEO Nick Cook.   10 May 2017
Insurance
Lloyd's broker Bishopsgate, the London market business of Towergate Insurance, has appointed Robin Todd and Darren Conlon as energy directors.   10 May 2017
Insurance
The Insurance Regulatory and Development Authority of India (IRDAI) has formed a reinsurance expert committee to review the current regulatory framework for the market.   9 May 2017

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