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Bermuda-based Arch Capital Group has agreed to acquire Barbican Group Holdings from funds managed by US alternative asset management firm Carlson Capital, in a move aimed at expanding its Lloyd’s and London market footprint. 31 July 2019
Insurance
Markel’s co-chief executives pointed to “outstanding performance” in the insurer’s investment portfolio, with more than $1 billion of net investment gains in the first half of the year, as the company released its second quarter and half year results for 2019. 31 July 2019
Insurance
Broker Marsh & McLennan's chief executive Dan Glaser is "pleased" with the company's second quarter 2019 results, which include Jardine Lloyd Thompson (JLT) for the first time. 30 July 2019
Insurance
Bermuda-based specialty re/insurer Sompo International Holdings has entered into a strategic partnership with VGM Insurance & Financial Solutions (VGM) to offer its insurance products to golf courses and country clubs. 30 July 2019
Insurance
Broker Arthur J Gallagher saw “outstanding” results in the second quarter of 2019, while its half year figures, also ending June 30 2019, showed healthy growth in its brokerage segment. 29 July 2019
Alternative Risk Transfer
Hiscox has delivered profits in its results for the first six months of 2019 “despite a more challenging claims experience”, said Bronek Masojada, chief executive at the re/insurer. 29 July 2019
Insurance
Bermuda-based reinsurer PartnerRe enjoyed solid growth and improved non-life combined ratio in the second quarter of 2019. The results were driven by strong property/casualty performance and investment gains. 29 July 2019
Insurance
US-based independent agency Cobbs Allen has launched a specialty insurance brokerage business with the hiring of senior insurance executives Paul Sparks and Darren Sonderman. 29 July 2019
Insurance
Property/casualty insurance holding company Kingstone, through its wholly-owned subsidiary Kingstone Insurance Company (KICO), has signed new reinsurance treaties with multiple carriers for the treaty year beginning July 1, 2019. 26 July 2019
Insurance
Blue Capital Reinsurance Holdings has decided to cease active operations and pursue an orderly run-off of its liabilities and in-force portfolio and return capital to shareholders as it winds up operations. 26 July 2019
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