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Insurance
Reinsurance, wholesale and specialty broker Ed has been granted a commercial insurance intermediary license by the Guernsey Financial Services Commission. 6 September 2017
Insurance
Specialist insurer Beazley has appointed Andrew Mehrhoff as head of broker relations for its north central region in the US. 6 September 2017
Insurance
Randall & Quilter Investment Holdings has written a loss portfolio transfer reinsurance contract to assume a bonds portfolio issued by an undisclosed Fortune 500 Insurance Group. 19 June 2017
Insurance
Berkshire Hathaway recorded an overall net loss from insurance underwriting of $1.44 billion in the third quarter of 2017 compared to a net income of $272 in the same period a year ago. 6 November 2017
Insurance
Broker Marsh is “simplifying” the business structure, a move that is expected to profitability and allow for investments, management explained during the group’s second quarter 2018 earnings call. 27 July 2018
Insurance
Re/insurer QBE has appointed Chris Kurinsky as CEO of QBE Insurance (Malaysia) Berhad. 11 August 2017
Insurance
AM Best has placed the financial strength rating and the long-term issuer credit ratings (ICRs) for Maiden Reinsurance, and its affiliate Maiden Reinsurance North America under review with negative implications following the announcement that the renewal rights for its US diversified business were being sold to TransRe. 31 August 2018
Insurance
Bermuda-based holding company Fidelis Insurance has hired Ian Burford to join its London underwriting team as chairman of specialised risks. 30 August 2017
Insurance
Legal expenses insurer Elite Insurance said July 5 that it is ceasing to write new business. Elite offered legal expenses insurance, professional indemnity insurance and general insurance. 5 July 2017
Insurance
Bermuda-based specialty re/insurer Lancashire Holdings has decided against paying a special dividend in 2017 and instead to deploy the capital in a hardening market but analysts commented that the company also faces higher retrocession rates, Bernstein analysts wrote in a note. 6 November 2017
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