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Marsh buys $130mn J Smith Lanier

Marsh has agreed to buy J Smith Lanier & Co (JSL) in a deal that will expand the broker's middle-market agency operations in the US southeast.

Dan Ascher, 13 January 2017
Bahamas First cuts Matthew loss estimate by 20%

Bahamas First has reduced its Hurricane Matthew loss estimate by a fifth to $80mn, before reinsurance recoveries.

Ted Bunker, 13 January 2017
US-EU talks yield covered agreement for insurers

US and European negotiators have reached a covered agreement to harmonise regulation of insurers and reinsurers and remove barriers to transatlantic business.

Ted Bunker, 13 January 2017
Trundle swaps AIG aviation for Starr

AIG's top airline underwriter Andy Trundle has left the company to take up a senior aviation underwriting role at Starr, The Insurance Insider understands

Adam McNestrie, 13 January 2017
UK motor rates at four-year high: Willis Towers Watson

UK motor insurance rates rose 14 percent year-on-year in 2016, according to a report by price comparison site Confused.com and Willis Towers Watson.

Matthew Neill, 13 January 2017
ITI Re to launch by end of January

ITI Re, India's first private reinsurer, is to begin operating by the end of the month after receiving full regulatory approval.

Catrin Shi, 13 January 2017
Onex puts $4bn price tag on USI: report

Private equity firm Onex is targeting a $4bn valuation in the sale of USI, the American insurance broker it bought in 2012, according to a report from Reuters.

Dan Ascher, 13 January 2017
Alliant targets $100mn energy and marine book

Specialty broker Alliant has set its sights on developing a $100mn business from its newly expanded US energy and marine team.

Ted Bunker, 13 January 2017
K2 buys three Alteris programmes

Private equity-backed K2 Insurance Services has acquired a trio of programmes from Argo's Alteris platform.

David Bull, 13 January 2017
Vale adds AIG duo for programme start-up

Vale Insurance Partners has hired a duo of executives from AIG as it looks to expand the staff and infrastructure of its new programme insurance venture, The Insurance Insider can reveal.

David Bull, 13 January 2017

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