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Travelers completes $490mn Simply Business deal
Travelers closed its $490mn acquisition of broker Simply Business today, saying the technology-based intermediary would remain a standalone unit serving the UK small business market.
Ted Bunker
,
05 August 2017
Kinsale gains 9.4% on earnings beat
Kinsale shares climbed 9.4 percent in New York trading today after the company posted a 36 percent surge in second quarter underwriting profit late yesterday.
Ted Bunker
,
05 August 2017
Aon: record cat bond quarter bolstered by large renewals
New cat bond issuances in Q2 were higher than any other quarter on record, as a number of $500mn+ deals boosted volumes, Aon Securities said in its latest quarterly ILS report.
Sofia Geraghty
,
04 August 2017
Binders team transfers to Bishopsgate from Ed
Expansive London market broker Bishopsgate has struck a deal with Ed to acquire a portion of its North American binders team and portfolio, The Insurance Insider can reveal.
Adam McNestrie
,
04 August 2017
Soft market and willing capital drive M&A: S&P
Expansive London market broker Bishopsgate has struck a deal with Ed to acquire a portion of its North American binders team and portfolio, The Insurance Insider can reveal.
Ted Bunker
,
04 August 2017
Covéa gearing up to sell Swinton
French mutual insurer Covéa is preparing to divest UK personal lines and commercial motor broker Swinton, The Insurance Insider can reveal.
Adam McNestrie
,
04 August 2017
Opinion: AIG's change in tack
Brian Duperreault's first earnings call as AIG's new chief was met with a neutral response from investors.
David Bull
,
04 August 2017
OneBeacon posts Q2 underwriting loss
US specialty insurer OneBeacon has reported a Q2 underwriting loss as increased catastrophe and underlying losses pushed the combined ratio up by 4 percentage points to 106.9 percent.
Matthew Neill
,
04 August 2017
Aon swings to a loss on restructuring costs
Aon fell to a $118mn operating loss in the second quarter as it absorbed a series of restructuring costs relating to the sale of parts of consultancy arm Aon Hewitt and an efficiency programme.
Bernard Goyder
,
04 August 2017
Dubai Torch Tower blaze puts (re)insurers on watch
(Re)insurers are set to be hit with more claims from skyscraper fires in Dubai after the Torch Tower caught fire yesterday for the second time in two years.
Matthew Neill
,
04 August 2017
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