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Recent Blackstone-led investment will partly fund M&A: Acrisure CEO
Roughly $240mn of that preferred equity investment will serve as “dry powder” for upcoming deals.
Adam McNestrie
,
19 December 2018
Holm leaves Asta to offer MGA consultancy
The former banker has left the managing agent and will carry out consultancy work in the New Year.
John Hewitt Jones
,
19 December 2018
Swiss Re takes Axa XL aviation underwriter
The appointment of Cyril Serinet comes amid uncertainty over the future structure of the aviation divisions of Axa Corporate Solutions and XL Catlin.
John Hewitt Jones
,
19 December 2018
RSA names Strickland as commercial customer experience chief
The appointment comes amid a restructuring of the carrier's London market operation.
John Hewitt Jones
,
19 December 2018
D&I actions key to senior managers’ ‘fitness and propriety’: FCA’s Woolard
The regulator’s strategy and competition director puts executives on notice ahead of the roll-out of the tough new SM&CR conduct and governance regime.
Laura Board
,
19 December 2018
Aon to launch $250mn terrorism facility Irongate
Liberty Luxembourg is lined up to lead the vehicle, which will target SMEs in Europe and the US.
Bernard Goyder
,
19 December 2018
UK competition regulator calls for action on insurance pricing
The antitrust authority wants the Financial Conduct Authority to clamp down on “price walking”.
Laura Board
,
19 December 2018
China Re gains EU clearance for Chaucer acquisition
The Brussels competition regulator sees no cause for concern arising from “horizontal overlaps” between the two entities.
John Hewitt Jones
,
19 December 2018
An upcoming Lloyd's edict will leave both brokers with no excuses for inaction on electronic placement
Be warned brokers, if you’re not already electronically placing business in London, you’ll have to be by next summer – or face having your Lloyd’s licence taken away.
Charlie Thomas
,
19 December 2018
Alera Group acquires Avon-Dixon assets for $26.9mn
The deal is set to complete at the end of the 2018 fiscal year.
John Hewitt Jones
,
19 December 2018
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