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UK Insurance broker Jelf has announced that its shareholders have approved the acquisition of the firm by Marsh and McLennan Companies (MMC). 30 October 2015
Insurance
Given some of the headlines and predictions of big rate hikes in the aftermath of the 2017 cat losses in the US, most buyers will be pleased with what remains a relatively stable environment for rates as they head to Monte Carlo, Mark O’Riordan, group reinsurance director at Ecclesiastical, told Monte Carlo Today. 9 September 2018
Insurance
Ironshore’s Pembroke Managing Agency has entered into a management agreement with Old Mutual Group to underwrite select specialty lines for African risks. 16 June 2016
Insurance
Insurance firm Beazley is expanding its fine art and specie capabilities through the hire of two Lloyd’s underwriters in the field, Mark Bosshard and Scott Sellick. 18 May 2016
Insurance
Despite higher revenues in the first quarter of 2017, broker Aon saw profits slide as expenses grew due to restructuring and M&A. 9 May 2017
Alternative Risk Transfer
The wide divergence in loss estimates given by the risk modelling community in the aftermath of the US hurricanes could prompt more re/insurers to invest in their own analytical capabilities and get a better handle on their data. 16 October 2017
Insurance
A one-size-fits-all regulatory approach and global regulatory convergence more generally is a big concern for the US property/casualty (P&C) industry, Jim Wallace, incoming chair of PCI and the chief executive of GuideOne Insurance, told PCI Today. 26 October 2015
Insurance
Ironshore has appointed Emily Merola as branch executive of the Western Pennsylvania and West Virginia region to lead development efforts in the newly established Pittsburgh office. 12 November 2015
Insurance
Some insurers are implementing only the minimum data protection standards as required in a jurisdiction—but this approach will cause problems for them, according to Darren Wray, CEO of consultancy firm Fifth Step. 13 September 2017
Insurance
Lloyd’s insurer Novae Group reported a loss in the first half of 2017 following the announcement that the business will be acquired by AXIS Capital Holdings. 2 August 2017
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