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Insurance
Re/insurance broker Aon has reported a slight dip to its net income for the first quarter of 2016, to $315 million, compared with $328 million for the prior year quarter. 29 April 2016
Insurance
Insurance group The Hartford has reported a 31 percent decrease in its first quarter 2016 net income, down to $323 million, compared to $467 million in the first quarter of 2015. 29 April 2016
Insurance
Professional services firm Marsh & McLennan Companies (MMC) has reported a net income of $481 million for the first quarter of 2016, a slight fall compared with net income of $482 million in the first quarter of 2015. 29 April 2016
Insurance
Arthur J Gallagher & Co (AJG) has reported a 12 percent increase in adjusted total revenues for its brokerage segment for the first quarter of 2016, up to $823.3 million. 29 April 2016
Insurance
Towergate Underwriting has announced a new claims legal panel following a competitive tender. 29 April 2016
Insurance
Global Risk Partners (GRP), an acquisitive insurance broking and managing general agency (MGA) investment vehicle, has agreed to back the management buyout (MBO) of Lonmar Global Risks (Lonmar), a specialist Lloyd’s broker. 27 April 2016
Insurance
Ryan Specialty Group (RSG) has appointed marine insurance executive Jorge Pecci as president and chief executive officer of the newly formed specialty marine underwriting manager, Safe Waters. 26 April 2016
Insurance
Randall & Quilter (R&Q), a specialist non-life insurance investor, reported a pre-tax profit of £2.8 million for 2015, a dramatic improvement from its loss of £1.6 million in 2014. 25 April 2016
Insurance
Asta, a third party managing agent (MGA) at Lloyd’s, has promoted Clare Barley to chief risk officer (CRO) and Matthew Lane to chief information officer (CIO). 25 April 2016
Insurance
Tokio Marine Kiln (TMK), a provider of specialist and corporate insurance, has appointed Mike Crabtree as a product recall underwriter in its London office, and Tom Yarrow as a property underwriter in its Singapore office. 25 April 2016
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