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Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies, has launched a new unit offering dedicated retrocession services to clients in the Asia Pacific region. 29 June 2017
Insurance
Marsh has appointed Robert Makhoul to the position of executive chairman, Marsh Middle East and North Africa (MENA). Steve Lundin, currently general manager of Marsh China, succeeds him as chief executive officer, Marsh MENA. 17 June 2014
Insurance
New Zealand-based credit and financial risk re/insurer CBL Corporation is set to acquire US insurer Affirmative Direct Insurance Company for $5.7 million. 27 March 2017
Insurance
There will be less talk of rate reductions in Baden-Baden this week as buyers and brokers have both accepted that further reductions will not help the market, Geoffrey Peach, executive vice president of TransRe Europe and chief executive of TransRe London, told Baden-Baden Today. 24 October 2016
Insurance
Randall and Quilter Investment Holdings (R&Q) has completed the sale of its Lloyd's managing agency to US medical professional liability insurer Coverys, after receiving all regulatory approvals. 1 December 2017
Insurance
Arthur J. Gallagher (AJG) has built a new collective identity for its UK managing general agencies to build on the creation of a single MGA operating model established earlier this year. 21 August 2014
Insurance
New York-based insurance holding company AmTrust Financial Services saw its profits plummet in the second quarter of 2017 as the cost of a retroactive reinsurance agreement weighs on results and the combined ratio deteriorates. 9 August 2017
Insurance
Barbican Protect, the UK retail arm of Barbican Insurance Group, has appointed Rob Wadey as head of casualty. 3 March 2016
News
JLT has expanded its Latin American presence by establishing JLT Re Argentina based in Buenos Aires, The new venture will be headed by Matias Rosales, formerly general manager of Cooper Gay Argentina. 7 March 2014
Insurance
Swiss Re CEO Christian Mumenthaler hinted at the benefits of a potential deal that would see Japan’s SoftBank acquiring a stake in the reinsurer during the full-year 2017 results presentation. 26 February 2018
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