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Insurance
Reinsurers face $1bn Harvey claim from FEMA
The US Federal Emergency Management Agency (FEMA) is submitting a claim to recover the full $1.042 billion in reinsurance coverage under its 2017 Reinsurance Program.   6 December 2017
Insurance
AmTrust Reinsurance widens Maiden’s Q4 loss
The performance of Maiden’s AmTrust Reinsurance segment deteriorated in the fourth quarter 2017 and full year, impacting Maiden’s financial performance.   28 February 2018
Insurance
PartnerRe completes Aurigen acquisition
Bermuda-based PartnerRe has completed the acquisition of North American life reinsurance company Aurigen Capital, according to a statement.   4 April 2017
Insurance
CBL Insurance Europe goes into administration
The Central Bank of Ireland has appointed Kieran Wallace of KPMG as provisional administrator to CBL Insurance Europe (CBLIE), according to a Feb. 26 statement.   27 February 2018
Insurance
Towergate parent in £800m debt issuance
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.   25 May 2017
Insurance
Assurant appoints non-executive director to UK board
Assurant, a provider of risk management solutions, has appointed Colin Kersley as a non-executive director to its UK board, which heads its European operation.   22 May 2017
Insurance
Marsh reveals plans to merge Jelf and Bluefin business
Global insurance broking and risk management firm Marsh is combining its combined Jelf and Bluefin business in the UK from early 2018, and rebranding it as Jelf.   29 November 2017
Insurance
Ironshore International forms new office in Frankfurt, Germany
Ironshore International’s Mergers & Acquisitions and Tax Insurance unit has opened an office in Frankfurt, Germany, through Ironshore Agency in a move to expand its European presence.   7 July 2017
Insurance
Ryan Specialty Group acquires marine MGA Trident
Ryan Specialty Group (RSG) Underwriting Managers has signed an agreement to acquire specialty marine managing general agency (MGA) Trident Marine Managers.   27 February 2017
Insurance
Probitas unveils financial lines head
Probitas 1492, an underwriting syndicate at Lloyd’s, has appointed Charles Boorman to lead its financial lines team.   20 June 2016

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