Liberty Mutual is set roll up its US specialty operation and fold it into recent acquisition Ironshore, in a move will create the sixth-largest US excess and surplus lines player with about $6.5bn in annual net written premiums.
Enstar's most senior dealmaker David Rocke is set to leave the firm, with former vice president Jonathan Zisaruk returning to the legacy giant to replace him, The Insurance Insider understands.
Organic growth figures posted by Marsh & McLennan Companies' (MMC) broking business ran ahead of those posted by its early-reporting smaller rivals in the first quarter after revenue increased in its international operations.
Funding for InsurTech ventures fell 64 percent to $283mn in the first three months of 2017 as transaction numbers dropped by over a third, according to a report from Willis Towers Watson.
Third Point Re's investment manager Third Point LLC posted a 1.6 percent return in April, beating the S&P 500 index's monthly return and analyst expectations
Aon's $4.8bn deal with private-equity firm Blackstone for the Aon Hewitt benefits administration and HR business process outsourcing platform has closed, according to the global broker.
