Verisk to Acquire London-Based Complex Data Software Firm Sequel August 21, 2017 U.S.-based data analytics firm Verisk Analytics Inc. has agreed to acquire London-based insurance and software specialist Sequel from private equity...
JLT Re Taps Bardon as Bermuda Partner, Working with Industry Loss Warranty Team August 21, 2017 JLT Re, the London-based reinsurance broker and consultancy, has appointed Nicolas Bardon as a partner in JLT Re’s Bermuda operation...
Indian IPOs Headed for Record Year as Insurers Seek to Raise Funds August 21, 2017 By Anto Antony and George Smith Alexander Indian initial public offerings are headed for a record year, as a rush of insurers seek to ride a rally...
QBE H1 Profits Rise 73% on Australia/N. Zealand Rate Hikes, N. America Growth August 21, 2017 By L.S. Howard QBE reported a healthy profit hike during first half of 2017, despite heightened claims activity in its Emerging Markets’ division,...
A.M. Best América Latina Chief Resigns; Keenan Assumes Interim Role August 18, 2017 A.M. Best announced today that Manuel Agustin Calderón de las Heras has resigned from his position as managing director of...
Global Insured H1 Losses from Natural, Man-Made Disasters Were $23B: Swiss Re August 18, 2017 Global insured losses from natural catastrophes and man-made disasters in the first half of 2017 totaled US$23 billion, while economic...
XL Catlin Taps Willis Towers Watson’s Piper as UK Client & Distribution Director August 18, 2017 XL Catlin announced the appointment of Louise Piper as UK Client and Distribution director, effective Sept. 1, 2017. In this...
Group Led by Yunfeng Financial to Buy MassMutual’s Asia Unit for $1.7B August 18, 2017 By Katherine Chiglinsky and Natasha Rausch A group led by Yunfeng Financial Group Ltd., the company backed by billionaire Jack Ma, agreed to buy an Asian...
UK-EU Post-Brexit Trade Deal ‘Desirable but Not Essential’: Report August 18, 2017 By Charlotte Ryan A UK trade deal with the European Union after Brexit is desirable but not essential, the Institute of Economic Affairs...
5 Suspected Terrorists Shot Dead by Police After Barcelona’s Deadly Attack August 18, 2017 By Esteban Duarte, Todd White and Rodrigo Orihuela Five suspected terrorists were killed by police and six civilians were injured in a confrontation in a town south of...