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Insurance
Specialist insurer Life Company Consolidation Group (LCCG) has agreed to acquire UK's mutual life insurer Equitable Life. The transaction is expected to complete towards the end of 2019. 18 June 2018
News
Bermuda-based PartnerRe’s balance sheet strength and risk-adjusted capitalisation are said to be at the strongest level, according to rating agency AM Best. 18 June 2018
Insurance
UK independent insurance broker Ardonagh Group has appointed former Lloyd's CEO Richard Ward as executive chairman of its specialty & international and MGA segments that include Bishopsgate and Price Forbes. 18 June 2018
Insurance
Risk advisor and broker JLT Specialty, a subsidiary of Jardine Lloyd Thompson Group, has appointed Hayley Tennant as partner within its mergers & acquisitions (M&A) insurance practice. 18 June 2018
Insurance
Credit insurer Coface has elected François Riahi, chief executive officer of Natixis, as the chairman of its board of directors. 18 June 2018
Insurance
Rating agency AM Best has placed under review with negative implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Mapfre Insurance Company of New York. 18 June 2018
Insurance
US-based Sequoia Reinsurance has begun operations focusing on HMO reinsurance and provider excess, while appointing former PartnerRe executive Dan Bolgar as its CEO. 15 June 2018
Insurance
Ryan Specialty Group (RSG) has appointed Katie Davies to join an RSG affiliate as president and CEO of a new property catastrophe managing underwriting facility. 15 June 2018
Insurance
Lloyd’s managing agency AEGIS London has appointed two new non-executive directors, Gregory Abel and Thomas Farrell II, to its board. 14 June 2018
Insurance
The new US Tax Cuts and Jobs Act will have meaningful implications for tax-advantaged securities, particularly municipal bonds, as Sean Conaghan, Sean Coughlin and Harold Hawkins of NEAM explain. 14 June 2018
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