International
Reg UK CEO Michael Phair appointed chair of Children and Families Across Borders
Michael Phair, founder and CEO of Reg UK, last week became chair of children’s charity Children and Families Across Borders.
David Duclos appointed NED at Lloyd’s Global Network
David Duclos has been appointed non-executive chairman of Lloyd’s Global Network.
Q&A: Paul Mang, Guidewire
Aon's former CEO of analytics, Paul Mang has been tasked with bringing together Guidewire's Analytics and Data Services division. Mang spoke to Post about cyber risk, data, and lifted the lid on Guidewire's $275m purchase, data tool Cyence.
Cloutier steps up at Aspen as Apollo deal completes
Aspen’s chairman Glyn Jones and group CEO Chris O’Kane have stepped down, with the completion of Apollo’s acquisition of the Lloyd’s insurer.
This week in Post: Couples and coupes
With Valentine’s Day yesterday, the Post team started the week by bracing ourselves for an inevitable slew of romance-related press releases. We weren’t disappointed.
UK insurtech attracts $1bn of investment in 2018
UK insurtechs saw over $1bn (£780m) of funding in 2018, up from $792m the previous year.
BGC president reveals high hopes and further acquisitive growth for Ed
BGC’s broking arm, which currently comprises of Ed Broking and Besso, will seek acquisitive growth in 2019.
Scor's Kessler takes aim at Covéa CEO Derez over 'repeated misconduct'
Scor CEO Denis Kessler has slammed Covéa SGAM CEO Thierry Derez alleging that he is guilty of “repeated misconduct” and claiming he has the emails to prove it.
Insurers face Part VII transfer delays as Brexit looms
Exclusive: The government is mulling an extension to the deadline for insurers to get legal permission to move books of business from the UK to Europe.
Zego eyes up Europe with French MGA deal
Gig economy broker Zego will target transport services across Europe, following a deal with La Parisienne Assurances.
Scor CEO bites back at activist investor over Covéa legal action
Scor CEO Denis Kessler has hit back following a letter from activist investor CIAM accusing him of acting in his personal interests by scuppering a takeover move by Covéa and bringing a criminal suit against the French insurer.
Revenue up at Aon as net income dips
Aon saw revenue increase by 8% in 2018, while its net income dropped by 7%.
Gallagher sets sights on further ‘tuck-in’ acquisitions as growth continues
Gallagher saw total revenue growth of 10.8% in 2018 across brokerage and risk management, with 5.8% of this coming from organic growth.
Scor shareholder hits out as the reinsurer brings legal action against Covéa
Scor shareholder and activist investor CIAM has hit out at the reinsurer, following its issuing of legal proceedings against Covéa, its former director and Barclays and Rothschild.
Marsh sees revenue grow 4% in 2018
Marsh parent Marsh & McLennan saw underlying revenue grow 5% in its 2017/18 year.
Duck Creek looks to break into London Market with messaging deal
Duck Creek Technologies hopes to attract new London Market clients following a partnership with Web Connectivity Limited.
Axa-backed Setoo plots UK Q1 launch
Exclusive: Axa-backed broker Setoo expects to launch in the UK next month, and has outlined further fundraising plans for later this year.
Marsh soon to launch $5bn senior notes offering to fund JLT acquisition
Marsh parent Marsh & McLennan has revealed the pricing structure of a $5bn senior notes offering, prior to the completion of its acquisition of JLT.
Nicholas Gartside to join Munich Re board of management as chief investment officer
JP Morgan Asset Management managing director, Nicholas Gartside is set to start as Munich Re’s chief investment officer on 18 March 2019.
Gable disputes £8.8m worth of claims in bankruptcy hearing
Failed unrated insurer Gable has disputed 100 claims totaling CHF 10.9m (£8.8m) in its first bankruptcy court hearing.
Besso faces near $10m lawsuit over ‘secret profits’ extracted by rogue former director
Exclusive: Besso is facing an almost $10m lawsuit from a group of hotel companies in the Caribbean, after an ex-director was alleged to have concealed brokerage.
Analysis: Jumping into 2019
2019 is sure to be mostly about Brexit but, as Sam Barrett explains, there will be other challenges and opportunities for insurers as well
Blog: The future landscape for AI claims around the world
Governments around the world are looking to regulate artificial intelligence and as Lee Gluyas, partner, and Stefanie Day, associate with law firm CMS, explain those that get there first will be the ones to benefit.
Updated: Mass leadership reshuffle to follow Marsh/JLT acquisition
Global broker Marsh has unveiled a ream of senior people moves, effective once the JLT deal has completed.