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Insurance
Bermuda-based Maiden Holdings as agreed to sell its US facultative business including its team of specialists to Japan-based Sompo Group. 10 October 2018
Insurance
Andrew Brooks, CEO of Ascot Underwriting, has been appointed the next chairman of the Lloyd’s Market Association (LMA) with effect from Jan.1, 2019. 10 October 2018
Insurance
US-based enterprise risk management agency Cobbs Allen has formed a new specialty insurance brokerage and investment banking platform to serve corporates and private equity clients. The company believes that current consolidation in the marketplace has created a need for an independent platform with scalability and the ability to move quickly and nimbly. 16 August 2019
Insurance
Insurers and reinsurers exposed to hurricane Michael in Florida are likely to be only modestly impacted by hurricane Michael because of their typically high reinsurance protection, according to KBW. 9 October 2018
Insurance
Wu Xiaohui, the former chairman of Anbang Insurance Group, has appealed his conviction for fraud and embezzlement, the Financial Times reported on May 30 citing his lawyer. 30 May 2018
Insurance
Two subsidiaries of Sompo Japan Nipponkoa Insurance will merge as the companies seek to address “challenges” in the property/casualty insurance industry in Japan and create efficiencies and improved profits. 6 March 2018
Insurance
French reinsurer SCOR has appointed Jean-Paul Conoscente, currently CEO of reinsurance at SCOR Global P&C, as chief executive officer of SCOR Global P&C. 20 February 2019
Insurance
Player’s Health, a risk management firm specialising in sports, fitness, and wellness, has secured a Series A financing round from Eos Venture Partners, a specialist insurance venture capital investor, and Will Ventures, an investor focused on sports technology. 2 July 2019
Insurance
Total net earnings for Berkshire Hathaway Inc were up in the second quarter of 2019 and in the half year compared to 2018 but the firm’s reinsurance group reported significant pre-tax underwriting losses. 5 August 2019
Insurance
FanShield, an insurance agency wholly-owned by Protecht which also founded insurtech TicketGuardian in 2016, has entered into a partnership deal with specialist insurer Markel Corporation. 28 September 2018
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