Articles
Insurance
Fast-growing US specialty insurer Palomar Holdings has filed for an initial public offering (IPO) on the Nasdaq stock exchange. It is looking to raise $50 million from the deal. 18 March 2019
Insurance
Private equity firm Preservation Capital Partners has finalised its investment in US construction-focused MGA Cove Programs. 18 March 2019
Insurance
Losses increased at Bermuda-based Maiden Holdings despite taking several strategic measures to de-risk its balance sheet in an "extremely difficult year", but its CEO Lawrence Metz believes that the performance will start to improve in 2019 as it nears the end of its review process. 18 March 2019
Insurance
Marsh & McLennan Companies is issuing €1.1 Billion senior notes to help fund its acquisition of re/insurance broker Jardine Lloyd Thompson Group (JLT). 15 March 2019
Insurance
Pioneer Underwriters, an underwriting group within Minova Insurance Holdings, has appointed Nick Greggains as new chief executive officer of its US operations. He joins from XL Catlin. 15 March 2019
Insurance
Bermuda-based specialty re/insurer Sompo International Holdings is launching a management assurance policy (MAP) in the US that expands its primary professional lines insurance offering for private companies to include commercial crime and cyber liability risks. 15 March 2019
Insurance
Bermuda-based specialty re/insurer Sompo International is looking to expand its professional liability product and service offerings with the recruitment of Steven Grippo from AIG. 14 March 2019
Insurance
Hub International, a global insurance brokerage, has acquired Rockville, Maryland-based Insurance Exchange, one of the largest independent insurance agencies in the Mid-Atlantic region. 14 March 2019
Insurance
Bermuda-based Validus Reinsurance, a part of American International Group (AIG), is planning to establish a new reinsurance branch in Canada. 13 March 2019
Insurance
Specialist re/insurance broker BMS Group posted a 25 percent increase in its 2018 revenues, mostly driven by growth in its London wholesale and US reinsurance businesses, according to CEO Nick Cook. 13 March 2019
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