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Insurance
Industry insured losses from Typhoon Mangkhut in mainland China, Hong Kong, and Macau will be between $1 billion and $2 billion, according to estimates by catastrophe risk modeling firm AIR Worldwide. 26 September 2018
Insurance
Insurance brokerage and risk management firm Arthur J Gallagher has signed a definitive agreement to acquire 100 percent of the equity interests of Pronto Holdco, the parent company of Pronto Insurance. 11 May 2018
Insurance
Bermuda-based Sirius International Insurance Group has highlighted the growth opportunities the firm faces as it revealed its merger agreement with special purpose acquisition firm Easterly Acquisition which will result in Sirius becoming a publicly listed company. 26 June 2018
Insurance
Thomas Miller P&I (protection and indemnity), a wholly owned subsidiary of Thomas Miller Holdings, has made a series of senior management changes including a new chief executive. 21 March 2018
Insurance
Bermuda-based Enstar Group, through its Lloyd’s managing agency StarStone Underwriting, has finalised a reinsurance-to-close transaction with AXIS Managing Agency for Novae's £840 million legacy business portfolio, according to a Jan. 29 press release. 29 January 2018
Insurance
Bermuda-based Sirius International Insurance Group has become a publicly listed company, trading on the Nasdaq, following the completion of its merger agreement with Easterly Acquisition. 6 November 2018
Alternative Risk Transfer
A record-high $1.6 billion of non-life insurance-linked securities (ILS) capacity was issued in Q3, 2018, according to Willis Re. 6 November 2018
Insurance
Global loss adjusting firm McLarens has promoted Susan Froman to senior vice president, business development – The Americas. 25 January 2018
Insurance
Global loss adjuster McLarens is expanding its offering in the UK’s Midlands with the opening of a new office in Nottingham, in addition to promotions in the region. 3 May 2018
Insurance
In the absence of clarity as to what a future trade deal will look like between the UK and the EU, affected insurers have accelerated their plans to establish new EU subsidiaries, according to AM Best. 3 August 2018
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