Aon moves jurisdiction from UK to Ireland due to Brexit & more…Keep up with what’s been happening this week in our insurance news round-up…
Gallagher to buy reinsurance broker Capsicum Re
Arthur J. Gallagher & Co has agreed and signed head of terms for a deal that will see the global brokerage take 100% ownership of Capsicum Reinsurance Brokers LLP, a full-service international reinsurance broker.
Aviva Renewable Energy launches exclusively through UK brokers
Aviva has launched a renewable energy offering exclusively through UK brokers targeting renewable energy companies that operate domestically and abroad.
Investors underwhelmed by Aviva’s restructuring plans
Shares in Aviva slipped on Wednesday after the insurer announced plans to restructure its business and sell of its Hong Kong division in a bid to revive investor interest in the group.
Ledger’s Vault scores $150 million in crypto insurance from Lloyd’s Syndicate
Marsh has arranged a $150 million insurance policy from Lloyd’s of London syndicate Arch for users of the startup’s Ledger Vault technology platform, the companies announced Thursday.
Swiss Re’s net income up but catastrophes hit underwriting result
Global reinsurance giant Swiss Re has reported group net income of $1.3 billion for the first nine months of the year, supported by growth in reinsurance.
Aon moves jurisdiction from the UK to Ireland due to Brexit
Aon has revealed plans to move the jurisdiction of incorporation for its parent company from the UK to Ireland due to Brexit, according to a statement.
Willis Towers Watson announces three new cyber policies
Global insurance and reinsurance broker Willis Towers Watson has launched a range of new cyber insurance policies for clients in the U.S, Canada, the UK and Western Europe.