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Bermuda-based specialty re/insurance provider Fidelis Insurance is expanding its niche specialty offerings by sponsoring Rob Ashton in his aspirations to establish an MGA (managing general agent) in partnership with Nexus. 2 May 2017
Insurance
Probitas 1492, an underwriting syndicate at Lloyd’s specialising in property, construction and casualty insurance and reinsurance solutions, said July 6 that it hired Stephen Johnson as property underwriter, and Jim Meakins as casualty underwriter. 7 July 2017
Insurance
The marine, energy and aviation markets have allowed themselves to slip into low single-digit return on equities, and must push back on rates to return to double digits, Adrian Poxon, executive vice president and head of global specialty reinsurance at Sompo International, told Baden-Baden Today. 24 October 2017
Insurance
AmTrust Financial Services, a multinational insurance holding company headquartered in New York, has completed the acquisition of AmeriHealth Casualty Insurance Company from Independence Health Group for approximately $92.8 million in cash. 3 March 2017
Insurance
Beach & Associates has appointed Daniel Shaw as senior vice president to lead its wholesale property and casualty treaty division in London. 6 July 2017
Insurance
A drop in underwriting profit and a deterioration of the combined ratio have made net profit at Dubai-based International General Insurance Holdings (IGIH) decline in the first six months of 2017. 21 August 2017
News
Global reinsurers' first half 2017 results provide further evidence of continuing pressure on pricing and earnings, Fitch Ratings said on Aug. 21. 21 August 2017
Insurance
German insurer Allianz has entered into agreements to purchase all outstanding shares of trade credit insurer Euler Hermes that it does not already own. 27 November 2017
Insurance
The re/insurance industry loss from ex-hurricane Ophelia is estimated at €60 million, according to the Zurich-based catastrophe insurance data provider PERILS. 27 November 2017
Insurance
Specialty re/insurer Lancashire Holdings reported a net loss of $139.0 million for the third quarter compared to a net profit of $40.1 million in the same period a year ago. 2 November 2017
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