Aon’s joint venture with Global Insurance Services has come to an end after the Indian market broker concluded its deal to buy Aon’s 26% share in their tie-up.
Beazley's large specialty book delivered healthy returns as the London market re/insurer's combined ratio remained level.
German insurer Allianz will expand its partnership with Formula E electric motor racing, signing a deal until 2022.
Reinsurer Hannover Re said the acquisition would give it greater access to Lloyd’s and London market business.
Natural catastrophes and other weather-related losses hit Travelers during the second quarter of 2017, although the carrier did post a record level of net premiums written during the period.
Michelle McLaughlin will succeed Edward Radzinski who will retire at the end of this month after 39 years with the firm.
The proposed regulations address previous criticisms that approval of ILS vehicle sub-cells would take too long.
Insurance Australia Group has streamlined its operations in Australia as part of its plan to reduce costs by up to 10% by the end of the 20149 financial year.
One hailstorm in Colorado was the most damaging event for the insurer during the second quarter of 2017.