News
News
Munich Re has expanded the property/casualty (P&C) reinsurance business by 16 percent year on year in the first nine months of 2018 and chief financial officer Jörg Schneider is confident that this new business is of good quality. 7 November 2018
Insurance
The shareholders of re/insurance broker Jardine Lloyd Thompson Group (JLT) have approved the $6.4 billion acquisition deal of JLT by Marsh & McLennan Companies (MMC). 7 November 2018
Insurance
Markel International has signed a memorandum of understanding (MoU) with UAE export credit company Etihad Credit Insurance (ECI). 7 November 2018
News
Spanish re/insurer Mapfre embarked on an overhaul of its Global Risks business in July, which includes integrating some of the business into Mapfre Re. Eduardo Perez de Lema Holweg, chief executive and chairman of the management committee of Mapfre Re, explains the logic for the restructuring and his perspective on the industry’s health. 7 November 2018
News
Munich Re has taken advantage of organic growth potential in the property/casualty (P&C) reinsurance segment and expanded its portfolio significantly during the third quarter of 2018. 7 November 2018
News
Bermuda-based Third Point Re has seen its gross written premium (GWP) fall sharply by 82.8 percent in the third quarter of 2018 due to unsatisfactory underlying pricing, terms and conditions. 7 November 2018
Insurance
RSG Underwriting Managers (RSGUM), a subsidiary of Ryan Specialty Group, is merging its managing general underwriters (MGUs) ThinkRisk and EmergIn Risk to operate under a unified brand. 7 November 2018
Insurance
Broker Gallagher has acquired a controlling interest in Purple Bridge Group, the holding company of UK specialist property insurance provider Vasek Insurance Services. 7 November 2018
Insurance
American International Group (AIG) has completed its acquisition of Glatfelter Insurance Group following the receipt of regulatory approvals and other customary closing conditions. 7 November 2018
Insurance
Bermuda-based James River Group Holdings has appointed Christopher Harris and Sundar Srinivasan to its board of directors, and to its audit and investment committee, respectively. 7 November 2018
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