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Lancashire warns on Q3 profit after marine and cat losses

Shares fall more than 5 percent in early trading after the carrier warns of up to $75mn in losses from marine events and natural catastrophes.

Laura Board, 08 October 2018
S&P affirms Marsh’s A- credit rating following JLT acquisition

The ratings agency says it believes Marsh will be able to de-lever back to the “mid-2x area” over the next two years after it acquires JLT.

Laura Sanicola, 06 October 2018
Allstate finalises InfoArmor acquisition

The $525mn cash transaction was announced in August.

Marissa Page, 06 October 2018
Maiden Holdings board to launch formal sale process

Enstar and Catalina have made approaches to buy the remainder of Maiden.

Adam McNestrie, 05 October 2018
InsurTech Cover raises $16mn in Series B round

The round brings Cover’s total funding to $27mn.

Marissa Page, 05 October 2018
Aon restructures Asia Pacific business

Sandeep Malik will become CEO of the combined operation, while Geoff Blampied takes the role of chairman.

John Hewitt Jones, 05 October 2018
Waymark leaves Aegis A&H team

The class underwriter for accident and health had worked at the carrier since 2009.

Charlie Thomas, 05 October 2018
JLT veteran Lloyd to depart

John Lloyd leaves the broker after serving more than 45 years in the (re)insurance industry.

Charlie Thomas, 05 October 2018
HDI Global stops underwriting in Bahrain

The branch reported gross written premiums of EUR18mn in 2017.

John Hewitt Jones, 05 October 2018
Maiden CEO paid $2.2mn on departure

Art Raschbaum retired from the firm on 1 September.

Catrin Shi, 05 October 2018

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