Spain
News analysis: If PIB has reached an end game with Carlyle and Apax, what next?
As speculation mounts that PIB’s backers Carlyle and Apax want to cash in on their investments, content director Jonathan Swift explores how the broker’s strategy of overseas hubs and specialisms might dictate its value to new investors.
Liberty Mutual keeps Hughes in near £2bn assets sale to Generali
Liberty Mutual Insurance has held on to Northern Ireland-based broker Hughes Insurance as it struck a deal to sell its personal lines and small commercial operations in Western Europe to Generali for €2.3bn (£1.97bn).
Ardonagh expands into Greece
The Ardonagh Group has signed up to buy a majority stake in Athens-based SRS Group of Companies.
Ex-BGL boss Matthew Donaldson joins Prima as chair
The former CEO of BGL Group, Matthew Donaldson, has joined motor insurance specialist Prima Group as chairman.
PIB buys ABI in Italy
PIB Group has moved into the Italian market with its latest buy, expanding its portfolio, which already included offerings in Ireland, Germany, Poland, Spain and the Netherlands.
Zego doubling down on growth with 40 brokers
Zego is pursuing a route of working with brokers who “see how the future is evolving” rather than a working “with any broker” approach, CEO Sten Saar told Insurance Age.
PIB buys super yacht specialist Zorab Insurance Services
PIB has added to its specialisms division buying Zorab Insurance Services for an undisclosed sum.
PIB revamps top team with Amwins and Aon hires
PIB Group has promoted Ryan Brown to deputy CEO, appointed Onno Janssen as CEO for Europe, and recruited Matthew Crane as CEO for underwriting with Bernard Mageean retiring among a string of executive management changes, Insurance Age can reveal.
PIB adds to Spanish portfolio
PIB Group has bought Spanish broker Tractio.
PIB snaps up international wholesale specialty broker Guest Krieger
The London Market broker writes specialty business mainly emanating from Israel but also from more than 30 other countries.
PIB expands into Spain
Consolidator buys Cicor in its first acquisition in the Spanish market as it continues its European expansion.
José Manuel González to become Howden Broking Group CEO
David Howden remains with the firm as CEO of Hyperion Insurance Group.
New Ocaso UK boss spells out broker ambition
The new UK boss of Spanish insurer Ocaso has spelt out his ambition to boost broker business.
Ocaso unveils new UK boss as Kitteridge ends 23-year stint
Spanish insurer Ocaso has unveiled Tim Stemp as general manager of its UK arm following the decision of Graham Kitteridge to reduce his day-to-day involvement.
HCC posts $60m net earnings rise
Specialty insurance group HCC Insurance Holdings has posted net earnings of $176.1m (£112.7m) for the first six months of 2012, up on the $116.5m recorded for the same time last year.
UK brokers endure 3.9% annual revenue drop
UK brokers have seen their revenues fall every year since 2007, a report published today by market research agency Finaccord has found.
Dorset-based broker targets expats with home cover
A Dorset-based broker has teamed up with a Gibraltar counterpart to offer expatriates home insurance for overseas properties.
Mapfre hits out at credit rating agencies
Mapfre's general manager, Esteban Tejera, has criticised ratings agencies for failing to take the company's financial figures into account when downgrading them.
Liberty Mutual appoints head of claims
Liberty Mutual Insurance Europe has appointed Katie MacGregor as head of claims in London.
Majority of SMEs are risk averse, survey finds
The majority of SMEs buy more than the minimum insurance cover but 30% are still willing to take a chance, a recent survey has found.
Europe on the brink?
The UK is not immune from the sovereign debt crisis in the Eurozone, explains Scott Corfe