Vindati

US MGA start-up Vindati hires Allianz exec

2018-10-23T10:56:00+01:00

Start-up US MGA Vindati has hired former Allianz executive John Barnwell to lead its new ocean marine line of underwriting.

Jay-Nichols

Nichols named interim CEO/chairman at Protective

2018-10-23T10:46:00+01:00

Jay Nichols has returned to a front seat position in the industry as chairman and interim CEO of specialist trucking and transportation carrier Protective Insurance Corporation.

Hurricane Michael

'Extremely dangerous' Category 4 Hurricane Willa nearing Mexico's Pacific coast

2018-10-23T08:12:00+01:00

Hurricane Willa is nearing the Pacific coast of Mexico as a Category 4 storm, bringing the potential for life-threatening storm surge, wind and torrents of rain.

Hurricane Irma boats

Universal passes reinsurers up to $315mn bill on Michael loss

2018-10-23T10:18:00+01:00

Floridian headquartered Universal Insurance Holdings is set to pass around $315mn of its losses from Hurricane Michael to its reinsurance panel.

Apollo-and-Aspen

Apollo lowered bid twice before agreeing Aspen deal

2018-10-22T22:52:00+01:00

Apollo Global Management lowered initial non-binding offers for Aspen twice before a counter-proposal from the Bermudian (re)insurer led to the all-cash transaction at $42.75 a share being agreed.

Brown & Brown

Brown & Brown to buy Hays Companies

2018-10-22T14:54:00+01:00

Expansive US retail broking giant Brown & Brown has agreed a deal to buy its smaller rival Hays Companies.

Combined-MMCJLT-cements-position-as-largest-intermediary-i

MMC-JLT deal makes space for Holborn as top-10 reinsurance broker

2018-10-23T06:08:00+01:00

MMC’s unexpected $5.6bn deal to acquire JLT, which will cement Marsh’s position as the world’s largest intermediary, will promote US broker Holborn into the number ten slot in Re-Insurance’s list of largest reinsurance brokers by revenue.

Apollo-and-Aspen

Apollo lowered bid twice before agreeing Aspen deal

2018-10-22T22:52:00+01:00

Apollo Global Management lowered initial non-binding offers for Aspen twice before a counter-proposal from the Bermudian (re)insurer led to the all-cash transaction at $42.75 a share being agreed.

Brown & Brown

Brown & Brown to buy Hays Companies

2018-10-22T14:54:00+01:00

Expansive US retail broking giant Brown & Brown has agreed a deal to buy its smaller rival Hays Companies.

Lloyd's, City of London

Miller snaps up London (re)insurance broker Alston Gayler

2018-10-22T10:25:00+01:00By Ryan Hewlett

Miller has confirmed it has entered into a definitive agreement to acquire Dutch-owned London market wholesaler Alston Gayler, as previously predicted by Re-Insurance.

220 scor logo

Q&A: Jean-Paul Conoscente, CEO of reinsurance at Scor Global P&C

2018-10-21T06:14:00+01:00

Jean-Paul Conoscente, CEO of reinsurance at Scor Global P&C on independence, M&A and his advice for the new CEO of Lloyd’s John Neal

Marsh&McLclennan, logo

Marsh appoints ex-AIG exec Tom Colraine to board

2018-09-24T10:14:00+01:00By

Marsh has appointed Tom Colraine as a non-executive independent member to its board of directors.

Hamilton

Catalina creates M&A role to ramp up US deals

2018-09-05T09:08:00+01:00By

Legacy acquisition heavyweight Catalina has appointed Parri Spector director of M&A and reinsurance transactions.