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Third Point Re returns beat S&P 500 in April

Third Point Re's investment manager Third Point LLC posted a 1.6 percent return in April, beating the S&P 500 index's monthly return and analyst expectations

Dan Ascher, 02 May 2017
Aon closes $4.8bn sale of benefits operation

Aon's $4.8bn deal with private-equity firm Blackstone for the Aon Hewitt benefits administration and HR business process outsourcing platform has closed, according to the global broker.

Dan Ascher, 02 May 2017
Willis Re veteran Ridge to exit

Willis Re's chairman of global specialty, Jerry Ridge, is set to leave after a career with the firm that has spanned four decades, The Insurance Insider can reveal.

Adam McNestrie, 02 May 2017
Liberty Mutual completes Ironshore acquisition

Liberty Mutual Insurance has completed its $2.9bn purchase of Ironshore from Chinese conglomerate Fosun.

Matthew Neill, 02 May 2017
Brown & Riding taps Partners brokers for Cal office

Expansive wholesale broker Brown & Riding has swooped on rival Partners Specialty Group (PSG) to make another trio of hires, this time for a newly opened Sherman Oaks, California office, The Insurance Insider can reveal.

David Bull, 02 May 2017
London market ‘finding the bottom’: Noonan

The speed of rate reductions on Lime Street has showed clear signs of slowing this year, according to Validus CEO Ed Noonan.

Adam McNestrie, 02 May 2017
Validus wraps up $127.5mn CRS crop deal with ADM

Validus Holdings took formal control of Crop Risk Services (CRS), a primary agricultural insurer with $555mn in gross premiums last year, from ag giant Archer Daniels Midland (ADM) to complete a $127.5mn transaction announced in January.

Ted Bunker, 02 May 2017
AmWins buys California’s Networked Insurance Agents

Acquisitive wholesale broker AmWins has added another group of agencies to its fold, this time buying Networked Insurance Agents, an aggregator with 1,100 affiliates in 11 western states.

Ted Bunker, 01 May 2017
Markel wraps up SureTec acquisition

Specialty carrier Markel has completed its $250mn acquisition of SureTec Financial, transferring the surety provider’s entire staff to its US insurance segment under the continuing leadership of CEO John Knox Jr in Houston.

Ted Bunker, 01 May 2017
AIG closes Fuji Life sale to FWD

AIG closed its sale of AIG Fuji Life Insurance Company in Japan to FWD Group, completing a transaction announced late last year as part of a drive to streamline the global carrier’s sprawling operations.

Ted Bunker, 01 May 2017

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