MMC agrees to buy JLT in $5.7bn deal

Florence insured losses estimated at $2.5bn

Insured losses resulting from Hurricane Florence will be about $2.5 billion, according to catastrophe modellers Karen Clark...

Premia acquires Alan Gray

Bermudian-based property and casualty insurance and reinsurance run-off group, Premia Holdings Ltd, has announced the...

Faries and Fox to speak at Alarys

Appleby Bermuda’s Tim Faries and Eduardo Fox will be speaking at the Alarys and Apogeris Congress in Portugal today.

S&P: Florence will not test reinsurers

Hurricane Florence will be an earnings rather than a capital event for the reinsurance industry, according to ratings agency...

Diversity festival to spark call for action

An annual event to raise awareness of the need for diversity and inclusion in the workforce will this year also kick-start a...

Catlin: market worse than executives admit

Stephen Catlin has warned that the re/insurance industry is in a much tougher market than industry executives will...

AIG working on legacy risk unit build-out

It could take 18 months to build the necessary independent infrastructure for American International Group’s...

Watson sees great insurtech potential

Insurers have a great opportunity to benefit from fintech innovation — but there are so many insurtech start-ups that some...

Twelve people to lose jobs at Markel

Twelve people are to lose their jobs at Markel Bermuda in the insurer’s accounting and finance department.

A source said...

Axa completes acquisition of XL Group

French insurance giant Axa has completed its $15.3 billion acquisition of XL Group, a deal that was announced in...