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August losses push 2016 aviation total over $700mn

The global aviation market was hit with over $126.85mn of losses in August, nudging the total figure for the year to $706mn, according to JLT.

Matthew Neill, 09 September 2016
S&P rates CCR Re A-

Ratings agency Standard & Poor's has assigned a preliminary A- rating to the new subsidiary of France's state-owned reinsurance giant Caisse Centrale de Reassurance (CCR).

Dan Ascher, 08 September 2016
Willis settles Stanford fraud case for $120mn

Willis Towers Watson has settled for $120mn litigation brought by a number of investors that were defrauded by disgraced financier Allen Stanford.

Dan Ascher, 08 September 2016
BMS Intermediaries buys rival Advocate

BMS Group’s US specialist insurance and reinsurance broking arm has bought rival Advocate Reinsurance Partners for an undisclosed sum.

David Bull, 08 September 2016
Euler Hermes launches CPPIC joint venture

Euler Hermes has partnered with China Pacific Property Insurance Company (CPPIC) to a launch a credit insurance joint venture in China.

Matthew Neill, 08 September 2016
IDB hires JP Morgan for Clal sale

Israeli conglomerate IDB Development Corp has appointed JP Morgan to find a buyer for the group's insurance subsidiary Clal Insurance

Matthew Neill, 08 September 2016
MGAA names new chairman

The Managing General Agents' Association (MGAA) has appointed Charles Manchester as its chairman after James Gerry decided to stand down

Winifred Okocha, 08 September 2016
JLT: Brexit had limited impact on M&A insurance demand

The UK's vote to leave the European Union has had a limited impact on the M&A insurance sector, with first half deal volume up 23.6 percent on the same period last year, according to JLT Specialty figures.

Catrin Shi, 08 September 2016
Antares launches A&H division

Qatar Insurance Company-backed Lloyd's carrier Antares has lured a brace of underwriters from ProSight to spearhead its entry into the accident and health (A&H) market, The Insurance Insider can reveal.

Charlie Thomas, 08 September 2016
Hermine cat impact limited: Fitch

The impact of Hurricane Hermine on reinsurers and cat bonds is likely to be limited, according to Fitch Ratings

Lucy Jones, 08 September 2016

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