News

Insurance

AXA XL hires Zurich's Saverio Longo as new Italy country leader

AXA XL Insurance has hired Saverio Longo as country leader for its Italian operations, succeeding Simona Fumagalli, who was appointed head of international financial lines, Europe in July.   25 September 2019

Insurance

Davies Group acquires FWD Training and Consultancy in UK

Insurance service provider Davies Group has made a new strategic acquisition amid rebrand and simplification of its wider consulting operations.   24 September 2019

Insurance

Mutual insurers in good shape with higher capital adequacy ratios: Aon and Namic

Mutual insurance companies in the US are in strong financial shape and less leveraged than those quoted on the stock exchange.   24 September 2019

Insurance

Lloyd’s survey reveals 500 workers witnessed sexual harassment in past year

Lloyd’s of London has pledged to change its ways dramatically after a survey found that nearly 500 workers had witnessed sexual harassment in the space of a year.   24 September 2019

Insurance

Former JLT Specialty USA chief Rice to lead newly-launched Cobbs Allen unit CAC Specialty

Specialty insurance brokerage and investment banking business CAC Specialty, a part of US risk management and insurance brokerage Cobbs Allen, has hired JLT's Michael Rice II as its chief executive officer (CEO).   24 September 2019

Insurance

Turkish insurers held back by underwriting losses and economic volatility: AM Best

Sentiment on the Turkish insurance market has become less optimistic in recent times, as it has generated poor underwriting performance for most market participants.   23 September 2019

Insurance

HDI reshuffles Italian management; managing director Semprini departs after 13 years

Industrial lines insurer HDI Global SE's managing director Francesco Semprini is leaving after almost 13 years by "amicable and mutual agreement" to purse new opportunities outside the company.   23 September 2019

Insurance

Motor insurer Granite Underwriting to recruit 300 people in Liverpool as business grows

Motor insurer Granite Underwriting is looking to hire 300 people to help grow its business and that of its subsidiary Acorn.   20 September 2019

Insurance

Charles Taylor agrees £261m deal to go private; firm says the offer was 'compelling'

Insurance services firm Charles Taylor has agreed to a "compelling" takeover deal by private equity firm Lovell Minnick Partners, which it hopes will deliver attractive returns to its shareholders.   19 September 2019

Insurance

Gallagher acquires Allied Insurance Brokers and Ascinsure Specialty Risk in the US

Broker Arthur J Gallagher has acquired Pennsylvania-based Allied Insurance Brokers and its subsidiary Ascinsure Specialty Risk.   19 September 2019

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