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Liberty Mutual enjoyed strong growth and a big increase in profits in the second quarter boosted by its acquisition of Ironshore and better investment returns. But these masked an underlying deterioration in its underwriting performance. 4 August 2017
Insurance
Insurance brokerage and risk management firm Arthur J Gallagher has acquired retail insurance broker GPL Assurance in Quebec to further expand and diversify its footprint in Canada. 4 August 2017
Insurance
Allianz’s profits soared in the second quarter of 2017 driven by a strong performance in its property/casualty segment, which benefited from lower losses from natural catastrophes and lower attritional losses. 4 August 2017
Insurance
Speciality re/insurer Brit posted solid growth in the first six months of 2017 but its profits dipped on lower investment returns and a continued softening of rates, which were 2.2 percent down overall during the period. 4 August 2017
News
Bermuda-based Athene Holding has entered into a flow reinsurance treaty with US-based Lincoln Financial Group. 4 August 2017
Insurance
Broker Willis Towers Watson has appointed John Campbell as corporate risk and broking (CRB) market leader and construction leader for St. Louis. 4 August 2017
News
Bermuda-based RenaissanceRe (RenRe) has appointed Duncan Hennes and Valerie Rahmani to serve as independent directors. 3 August 2017
Insurance
Atlanta-based Crawford & Company, a provider of claims management solutions, has appointed Rahul Patel as an independent director of the firm. 3 August 2017
Insurance
Insurance software solutions provider Fadata as acquired Munich-based insurance technology specialist IMPEO, along with its subsidiaries. 2 August 2017
Insurance
Alesco Risk Management Services, a specialist insurance and risk management broker, has made a series of senior hires for its energy division. 2 August 2017
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