Articles
Insurance
Aspen CEO Christopher O’Kane suggested that senior management will be allowed to stay as he is replaced with Brit chairman Mark Cloutier when Apollo takes control. 2 October 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
ProAssurance’s consolidated combined ratio for Q3 is 103.6 percent, a two-percentage point increase quarter-over-quarter. The company said this was primarily due to changes in the mix of premiums earned and a lower amount of prior accident year favourable development due to its perception of loss trends in the healthcare professional liability market. 7 November 2019
Insurance
Bermuda-based Everest Re Group has extended the employment agreement of president and chief executive officer Dominic Addesso to December 31, 2019. 21 November 2017
Insurance
Hive Aero, a new managing general agency (MGA) specialising in aviation hull war insurance, has appointed Will Gaunt as class underwriter. 3 July 2018
Insurance
London-based private equity firm Apax Partners is selling its entire stake in property/casualty broker AssuredPartners to an investor group led by Chicago-based PE firm GTCR. 21 February 2019
Insurance
The insured property market losses from extratropical cyclone Zeus, which primarily affected France on 6 and 7 March 2017, has reached €272 million, according to Zurich-based catastrophe insurance data provider PERILS. 6 March 2018
Insurance
Zurich North America has appointed David Putz to lead its alternative markets division. He will assume the role currently held by Kathleen Savio, who will transition to Zurich North America CEO. 9 November 2017
Insurance
Rating agency AM Best has downgraded Maiden’s rating outlook due to “a decline in balance sheet strength and the potential that continuation of recent underwriting and operating trends could lead to negative action on the rating”. 5 March 2018
Insurance
The chief executive of the London and International Insurance Brokers Association (LIIBA) has told insurance brokers that the key challenge facing them post-Brexit remains the uncertainty around the proposed models for brokers to maintain access to London for European risks. 1 November 2018
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