Hyperion has £300m to spend and around 20 deals in its mergers and acquisitions pipeline, group chief financial officer Mark Craig told Post as the group announced its 2019 results.
Mapfre chairman and CEO, Antonio Huertas, has urged insurers, governments, international organisations, the private sector, academia and civil society to deliver a combined approach to meet the challenge of climate change.
Hyperion is raising an additional $130m (£100m) debt to fund its acquisitions war chest.
Mapfre has appointed Chris Smith to the newly-created position of chief global brokers officer.
Marsh expects to save around $250m in “cost synergies” from the acquisition of JLT, with up to 3750 jobs at risk.
Overall, top-line growth for the 30 largest European insurers has been steady, reflecting the underlying economic conditions throughout Europe, explain Tim Prince and Yvette Essen, director of analytics and director of research at AM Best
Hyperion-owned broker Howden has named José Manuel González as CEO of Howden Broking Group.
Charles Taylor Insuretech Limited has acquired Latin American insurance technology software provider Inworx.
GBGI has reported a sharp decrease in its pre-tax profits during the year 2017, which fell from $11.2 million in 2016 to $3.6 million in 2017.
Insurers and reinsurers sponsored $3.1bn (£2.2bn) in catastrophe bonds in the first quarter of 2018, up 34% from the first quarter of 2017, according to data analytics provider PCS.
Warranty and indemnity insurance has seen significant growth in the real estate sector over the last few years. And, with the cover offering significant advantages to those involved in real estate deals, many expect it to become a standard part of any…
Australian insurance giant QBE is looking to turnaround its Asia-Pacific operations after announcing expected 115% COR in 2017.
Australian giant QBE is expecting a combined operating ratio of 104% and $1.2bn (£858m) loss for 2017's financial year.
Senior executives of major financial businesses admit they were unprepared for the spate of costly natural catastrophes that hit the American coastline at the tale end of last year.
The value of the global non-life discontinued business market exceeds $700bn, according to research from PWC.
Charles Taylor Adjusting has opened a new office in Leeds focusing on construction professional indemnity.
Scor estimates the cost of the Harvey, Irma and Maria hurricanes and the mexico earthquakes at €430m.
Hurricane Nate, the fourth hurricane to make landfall in the US in the past two months, has weakened to a tropical depression.
Mapfre Global Risks is working on a UK retail proposition, says Chris Smith, chief regions and markets officer – International.
There was some good news and some bad news this week for the insurance industry.
Axel Theis, Allianz SE board member, global insurance lines and anglo markets, explains why premiums are tipped to grow over the next decade.
JLT is likely to make strategic acquisitions in the second half of 2017.
JLT saw total revenue growth of 11% in H1 2017, up to £689.9m from £619.4m for the same period last year.
To maintain its competitive position, the London insurance market needs to become a truly global hub, write Chris Beazley, CEO of the London Market Group, and Paul Clark, partner at the Boston Consulting Group