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JC Flowers completes acquisition of UK General

UK25-05-2017Insurance news

Private equity firm JC Flowers said that it finalized the acquisition of UK General Insurance Group on May 24, following regulatory approval.

CF Corporation in $1.84bn Fidelity & Guaranty Life acquisition

North America25-05-2017Insurance news

The boards of CF Corporation and Fidelity & Guaranty Life (FGL) approved a definitive merger agreement under which CF Corp. will acquire FGL for a total of approximately $1.84 billion, plus the assumption of $405 million of existing debt.

QBE Insurance appoints new group chief financial officer

Asia Pacific25-05-2017Insurance news

QBE Insurance Group has appointed Michael Ford as permanent group chief financial officer (CFO). He will be based in Sydney.

XL Catlin elevates McAdams to global marine CUO

London25-05-2017Insurance news, Reinsurance news

Re/insurer XL Catlin has promoted Rob McAdams to the position of chief underwriting officer for global marine.

Towergate parent in £800m capital raise

UK25-05-2017Insurance news

KIRS Group, the holding company being created to combine Autonet, Chase Templeton, Direct Group, Price Forbes and Towergate, is launching a secured bond offering for an aggregate principal amount of £800 million, alongside committing to enter into a £90 million super senior revolving credit facility.

Liberty Mutual appoints chief underwriting officer of energy unit

North America25-05-2017Insurance news

US-based insurer Liberty Mutual has appointed Jessica Dekermanji as senior vice president and chief underwriting officer of its national insurance specialty energy unit.

Dale Underwriting secures $200m backing from ProAssurance

London25-05-2017Insurance news

Dale Underwriting Partners, which is managed by Lloyd’s third-party managing agency Asta, has announce that its key capital provider ProAssurance Corporation has extended its commitment of $200 million of underwriting capital to Syndicate 1729, through to the 2022 year of account.

Aegon hires ACLI exec as global head of government and policy affairs

Europe25-05-2017Insurance news

Netherlands-based insurance group Aegon has appointed Maurice Perkins as senior vice president, global head of government and policy affairs, to oversee all aspects of the company's government relations in Europe, the Americas and Asia.

Ironshore enhances M&A and tax insurance capacity

North America25-05-2017Insurance news

Ironshore International’s mergers and acquisitions (M&A) and tax insurance unit has enhanced its consortium programmes.

Hannover Re CEO shuns alternative options to navigate soft market

Europe, North America25-05-2017Reinsurance news

While many of its rival reinsurers are seeking alternative growth opportunities through fee income relating to advisory services, technology or the use of alternative risk-transfer structures, Hannover Re’s chief executive officer Ulrich Wallin believes sufficiently profitable traditional risk transfer business will remain available for the foreseeable future.

Showing 1 to 10 of 10419 results

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