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White Mountains buys minority stake in ILS manager Elementum
With more than $4bn of assets under management, Elementum was the third-largest independent ILS firm left in the market.
Fiona Robertson
,
03 June 2019
AJ Gallagher completes JLT aerospace deal
JLT agreed to sell the division in order to receive regulatory approval for its purchase by MMC.
Samuel Casey
,
03 June 2019
AJG-Capsicum talks intensify midway through buyout window
If a deal is inked it would be the New York-listed broker’s third multi-hundred-million-dollar agreement this year.
Adam McNestrie
,
03 June 2019
MMC launches UK redundancy consultation for Guy Carpenter and JLT Re
Some of the largest teams – including fac, marine and non-marine specialty – are in scope.
Catrin Shi
,
03 June 2019
Insider 50 hit by global stock market malaise
The index escapes the full extent of benchmark losses with a 1.2 percent decline.
Khilan Shah
,
03 June 2019
Venice crash cruise ship covered by West of England P&I
Gard provides hull and machinery cover for the 66,000-tonne vessel.
John Hewitt Jones
,
03 June 2019
PG&E subrogation pursuit gains pace
Chubb, Allstate and Liberty Mutual are among insurers seeking reimbursement for claims from the utility.
Bernard Goyder
,
03 June 2019
Catco 2018 loss worsens by 11% amid Jebi and Michael creep
The deterioration pushed the retro fund’s 2018 loss to 46.7 percent for C shares.
Emmanuel Kenning
,
03 June 2019
For carriers that launched InsurTech initiatives, the constant round of failures and non-starters may not be worth it
Now that InsurTech funding seems to be on a distinctly downward trajectory, where will the backing for innovation come from in the future?
Matthew Neill
,
03 June 2019
Zurich closes $2bn life purchase from ANZ Banking Group
The acquisition takes Zurich’s share of the Australian retail life market to around 20 percent.
John Hewitt Jones
,
03 June 2019
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