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Marsh in talks to acquire UK broker Jelf
Mid-sized UK independent broker Jelf today (19 August) announced that it is in discussions with Marsh about a possible takeover.
Charlie Thomas
,
19 August 2015
Admiral’s H1 boosted by reserve releases
UK motor specialist Admiral produced solid numbers for the first half of the year, with pre-tax profits up 1 percent to £186.1mn ($291.6mn)
Charlie Thomas
,
19 August 2015
AIG divests remaining stake in Aercap
American International Group (AIG) is set to sell its remaining stake in AerCap Holdings, which will generate net cash proceeds of $500mn, it announced today (19 August).
Catrin Shi
,
19 August 2015
Hallmark launches new property unit headed by former Torus exec
Texas-based insurer Hallmark Financial Services (HFS) has launched a new specialty property unit headed by former Torus executive Gerald Dupre Jr.
David Bull
,
19 August 2015
Everest adds casualty leaders to US insurance platform
Everest Re has continued to build out its US insurance platform with two casualty leadership hires from Ace and Global Special Risks.
David Bull
,
19 August 2015
Double-digit aviation rate falls at July: JLT
The combined renewal rate for aviation policies fell again in July, with JLT's latest Plane Talking report recording risk-adjusted falls of around 13 percent
Charlie Thomas
,
18 August 2015
QBE’s agg cover takes $213mn hit
QBE's expanded aggregate cover shouldered $213mn of losses in the first half of 2015, including $106mn of catastrophe claims, to help the carrier soften the blow from multiple adverse weather events in Australia
Karina Whalley
,
18 August 2015
Towergate boosts London market division
UK broker aggregator Towergate has reinforced its London market division with the hires of Tim Simpson-Lee and Richard Turner.
Charlie Thomas
,
18 August 2015
UK PI market reaches £1bn: Timetric
The UK professional indemnity (PI) market is now worth £1.17bn in premiums and is expected to reach £1.6bn by 2019, according to a report by financial data analyst Timetric
Charlie Thomas
,
18 August 2015
Asia to have highest windstorm insured exposures by 2070: AGCS
Asia is set to overtake the US as the region with the potential to generate the worst insured losses from windstorm events over the next 50 years, according to a study by Allianz Global Corporate and Specialty (AGCS).
Catrin Shi
,
18 August 2015
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