International
Stubben Edge looks to growth after £1.2m investment led by Saracens chairman
Exclusive: Tech firm and managing general agent Stubben Edge is seeking growth after a £1.2m raise led by Saracens chairman Nigel Wray and analyst Eamonn Flanagan.
CBL creditors owed in excess of £90m
Creditors of CBL Corporation, the parent company of CBL Insurance, are expected to be owed in excess of £90m.
Canopius attracts investment from Samsung
Canopius has partnered with Samsung Fire & Marine Insurance to offer “innovative customer-focused” insurance solutions across the globe.
Canopius and Amtrust Lloyd’s ink merger agreement
Canopius and Amtrust Lloyd’s have signed a merger agreement that is expected to see the combined operations become a top five Lloyd’s managing agent.
Lemonade raises $300m in latest funding round
US-based insurtech Lemonade has raised $300m in a Series D round, bringing its total funding to date to $480m.
Interview: Amanda Blanc, Zurich
Amanda Blanc’s move from Axa to Zurich was perhaps the most talked about people move of 2018. The Association of British Insurers chair spoke to Jen Frost about her plans for the business in the coming year
Marsh completes JLT acquisition
Marsh & McLennan has completed its $5.6bn acquisition of JLT.
This week in Post: Scraps, slurs and sexual harassment
Post held its reputation event this week, which felt somewhat prescient as parts of the industry were shamed on diversity and inclusion.
Trade voice: Airmic's John Ludlow on becoming risk partners
Insurers are expanding their services beyond products, but there is much more to do. Underwriters and risk managers should view each other as risk partners, says Airmic CEO John Ludlow.
Former Marsh and JLT employees air concerns over merger
Former employees have expressed concerns over the impact of the Marsh/JLT deal on the market and the brokers themselves, after a former main board director of JLT slated the deal as a potential ‘train wreck’ in a Linkedin blog.
Marsh gets regulatory green light for JLT acquisition
The European Commission has given the green light for Marsh's JLT acquisition.
Marsh raises further debt to fund JLT acquisition
Marsh & McLennan is looking to raise more capital to fund its JLT acquisition, having announced its second senior notes offering in the space of a week.
Driverless experts split over ‘manual’ driver premiums
A move towards autonomous vehicles could lower premiums for drivers of non-autonomous cars, but insurers remain split over the issue.
Blockchain still requires ‘element of faith’ from industry
(Re)insurers and brokers should not expect blockchain investment to provide ‘instant gratification’, but should instead be looking five years’ into the future for tangible return on investment, a panel heard.
So-sure plots home insurance launch early next year
Exclusive: Mobile phone insurance insurtech So-sure will look to branch out into home insurance early next year and is mulling international expansion.
Marsh looks to further €1.1bn of debt to fund JLT acquisition
Marsh is raising €1.1bn (£942m) through a senior notes offering, in addition to the $5bn (£3.8bn) it has previously announced.
Chubb lead insurer in Ethiopian Airlines crash: reports
Chubb is reportedly the lead insurer for Ethiopian Airlines, the airline which saw a tragic plane crash yesterday in which 157 people died.
Admiral profits benefit from anticipated Ogden rate change
Admiral has seen profit grow on the back of claims releases ahead of an anticipated change in the Ogden rate.
Blog: He won over brokers and the board, but can new Aviva CEO Tulloch win back investors?
Aviva's share price nudged up a few pennies on Monday as it announced Maurice Tulloch as its new group CEO. Post content director Jonathan Swift reflects on why - despite his initial cynicism - the British-Canadian boss might have the attributes to…
Court hears first installment in Besso and Bloody Bay legal action
Exclusive: The first hearing in the case of Besso v Bloody Bay was heard today in the commercial court.
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.