A handful of London insurance firms are being investigated for bribery and corruption by the UK’s Serious Fraud Office, according to people familiar with the probe. The fraud cops are examining the way firms, including Marsh & McLennan Cos.’ Jardine …
Reinsurance broker Guy Carpenter & Co. announced the formation of a new Global Capital Solutions Group as well as a series of leadership appointments that will become effective upon the closing of the acquisition of Jardine Lloyd Thompson Group plc. …
JLT Re’s global property-catastrophe reinsurance index fell 1.2 percent in Jan. 1 policy renewals, the broker said on Wednesday, dashing the industry’s hopes of higher reinsurance premiums after a second straight year of big losses. Reinsurance prices, chiefly set in …
Reinsurance broker JLT Re North America is partnering with Pact Insurance, a personal auto insurtech company, to develop digital insurance products for mobility risks. Pact is a managing general agency headquartered in San Francisco and currently offers low cost, on-demand …
Guy Carpenter & Co., the global risk and reinsurance specialist and a wholly owned subsidiary of Marsh & McLennan Cos. (MMC), announced a new leadership appointment from Jardine Lloyd Thompson Group plc (JLT). Effective upon closing of the transaction between …
JLT Re, the global reinsurance broker and consultant, announced the launch of JLT Re Iberia, which follows the acquisition of JLT March Re, the fourth largest Spanish insurance broker, from financial group Banca March. Previously, the two companies operated JLT …
JLT Fac, a division of reinsurance broker JLT Re North America, has appointed Joe Ameruoso as head of North America Construction Casualty, Facultative. Ameruoso joins from Starr Insurance Cos. where he was for more than six years, most recently as …
Catastrophe-bond investors are trying to assess the potential fallout from Hurricane Florence that may force them to hand over cash. If the storm’s path of destruction — which is aimed at Georgia and the Carolinas — causes enough damage in …
Global reinsurance broker JLT Re announced that Martin Blackwell will be joining the firm as a partner, Capital Solutions, next month. Blackwell brings 40 years of market experience to JLT Re. He has served as head of Client Management at …
JLT Re (North America) has appointed Scott MacColl as head of Credit and Surety for North America. In addition to his role in North America, he will be working with global teams to help build out this specialized practice area …
