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Marsh hires cyber crime director as adviser

Marsh has appointed an ex-UK National Crime Agency (NCA) director of cyber crime to its London team, as the broker's cyber risk consultancy adds its second former intelligence official in London in as many years

Bernard Goyder, 23 October 2017
Ryan adds wholesaler Oxford to expand energy practice

Ryan Specialty Group has agreed to buy wholesale broker Oxford and named its CEO as president of its RT Specialty Houston office.

Ted Bunker, 23 October 2017
PCI Newsletter 2017 Day 1

Welcome to the first of our daily newsletters from this year's PCI conference, which took place on 15-17 October in Chicago.

Insurance Insider team, 23 October 2017
HW Wood expands London office

Lloyd's broker HW Wood, part of the HWI Group, has hired three senior figures from larger market rivals as it looks to grow its UK practice

Marcus Alcock, 23 October 2017
The Hartford Q3 pre-tax profits halve after hurricanes

Pre-tax income at The Hartford more than halved from $528mn in the third quarter of 2016 to $256mn in the same period this year, driven by a significant amount of P&C losses from hurricanes Harvey and Irma

Charlie Thomas, 23 October 2017
The Hartford to acquire Aetna’s US group life business for $1.5bn

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.

Marcus Alcock, 23 October 2017
Lloyd’s applies for Brexit hub licence

Lloyd's has filed an application with the Belgian regulator to form an insurance company that will allow it to continue to write European Economic Area business after Brexit takes effect

Laura Board, 23 October 2017
Hannover Re dampens German nat cat rating expectations

Hannover Re has dampened expectations of a widespread and significant uptick in catastrophe rates at the 1 January treaty renewals, saying prices for German nat cat covers "should at least remain stable".

Marcus Alcock, 23 October 2017
HIM drives QIC to underwriting loss over first nine months

Losses from hurricanes Harvey, Irma and Maria (HIM) and the UK change to the Ogden rate drove the Qatar Insurance Company (QIC) Group to an underwriting loss for the first nine months of 2017, it reported today

Charlie Thomas, 23 October 2017
The Hartford’s Aetna deal may damp takeout speculation

The Hartford’s $1.45bn deal to buy Aetna’s group benefits business likely dulled the carrier’s allure as a takeout target and that may explain a 4.3 percent drop in the company’s shares today.

Ted Bunker, 23 October 2017

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