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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
Alleghany Corporation said on Sept. 13 that its subsidiary Alleghany Insurance Holdings is selling Pacific Compensation Insurance Company (PacificComp) to CopperPoint Mutual Insurance Company for $150 million of total cash consideration. 13 September 2017
Insurance
UK-based RSA is experiencing “challenges in wholesale and international commercial markets from US and Caribbean cat activity,” according to a Nov. 2, 2017 trading update. 2 November 2017
Awards
The votes are in and counted. Here, we reveal the winners, runners and riders in the Intelligent Insurer Global Awards 2012. 1 September 2012
Awards
We reveal the best reinsurers and reinsurance brokers in North America, based on significant research gained from Intelligent Insurer’s annual Global Reinsurance Research Survey. 20 November 2015
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
News
Mergers and acquisitions (M&A) in the global insurance industry rose in the first half of 2018 with 186 completed deals worldwide, up from 180 in the second half of 2017, according to Clyde & Co’s Insurance Growth Report mid-year update. 1 August 2018
Insurance
PERILS has released its second loss estimate for windstorm Thomas, which was also known as Doris. It hit the UK, the Netherlands, Belgium and Germany on 23 and 24 February 2017. 23 May 2017
Insurance
Specialist engineering and construction insurer HSB Engineering Insurance (HSB), part of Munich Re, has hired a senior loss control engineer. 9 March 2015
Insurance
Bermuda-based Aspen Insurance Holdings has appointed David Schick as group chief operating officer, replacing Richard Thornton who is leaving the business after almost four years. 6 December 2017
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