The Hartford has surprised the market with a $1.45bn move to acquire Aetna's US group life and disability business, despite widespread speculation that the company had been looking to transition to an almost pure-play P&C insurer.
Those waiting for signs of the impact on insurance rates from the spate of third quarter hurricanes will have to wait until the New Year, according to Brown & Brown CEO Powell Brown
Expansive insurance group Ardonagh is set to seal a deal to acquire UK motorcycle specialist Carole Nash for just over £60mn ($78mn) from French insurer Groupama, The Insurance Insider can reveal.
Enstar co-founder Nick Packer, who left the legacy giant at the end of last year, has resigned as CEO of total return reinsurer KaylaRe after less than a year in post, The Insurance Insider can reveal.
