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Aon-WTW acquisition mutually cancelled
27 July 2021
UK

Aon and Willis Towers Watson have mutually agreed to end their proposed acquisition following an “impasse” with the US Department of Justice

Direct Line partners with Motability Operations
26 July 2021
UK

Direct Line Insurance Group has partnered with Motability Operations to provide insurance coverage to the latter’s Motability Scheme for 10 years

CFSIC receives final fund installment for crumbling foundations
26 July 2021
Connecticut

The Connecticut Bond Commission has released the final $20 million allocation to the Connecticut Foundation Solutions Indemnity Company

RISCS establishes UK cell captive in Labuan
23 July 2021
Labuan

RISCS has established a new cell captive in Labuan for one of its UK-based clients, marking a world-first

Ryan Speciality launches initial public offering
23 July 2021
Chicago

Ryan Specialty Group has priced its initial public offering, totalling almost 57 million shares, between $22 and $25 per unit

KeyState adds to Vermont office
23 July 2021
Vermont

KeyState Captive Management has appointed Erin Duffy as assistant controller at the firm’s captive management team, based in Vermont

A.M. Best confident German insurers will cover flood losses
23 July 2021
Germany

A.M. Best predicts that German insurance carriers are “well-positioned” to absorb weather-related losses following the recent catastrophic flash floods

Liberty Mutual Re hires experienced chief actuary
22 July 2021
Singapore

Liberty Mutual Re has appointed Hetul Patel as chief actuary of reinsurance, initially be based in Singapore but with a planned relocation to Cologne later in the year

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