Articles
Insurance
Fast-growing US specialty insurer Palomar Holdings has filed for an initial public offering (IPO) on the Nasdaq stock exchange. It is looking to raise $50 million from the deal. 18 March 2019
Insurance
Last night the UK Parliament voted in favour of requesting an extension to Article 50 and consequently a delay to Brexit beyond the 29 March deadline. 15 March 2019
Insurance
Marsh & McLennan Companies is issuing €1.1 Billion senior notes to help fund its acquisition of re/insurance broker Jardine Lloyd Thompson Group (JLT). 15 March 2019
Insurance
Pioneer Underwriters, an underwriting group within Minova Insurance Holdings, has appointed Nick Greggains as new chief executive officer of its US operations. He joins from XL Catlin. 15 March 2019
Insurance
Bermuda-based specialty re/insurer Sompo International Holdings is launching a management assurance policy (MAP) in the US that expands its primary professional lines insurance offering for private companies to include commercial crime and cyber liability risks. 15 March 2019
Insurance
The insured property losses caused by the Townsville flood in Queensland, Australia from January 26 to February 10, 2019 is expected to be A$957 million ($678 million), according to PERILS. 15 March 2019
Insurance
Re/insurer Sava Re Group enjoyed a big increase in profits in 2018 as it also grew its gross written premiums despite slashing the size of its reinsurance book as it imposed much stricter underwriting discipline. 8 March 2019
Insurance
Voce Capital Management, the activist shareholder pushing for change in Argo Group partly by seeking to install a number of independent directors to its board, has launched a new website designed to communicate with other shareholders. 8 March 2019
Insurance
Broker Lockton has poached three senior executives from Guy Carpenter/Marsh to form a new global reinsurance business that it says will represent a critical pillar of its aggressive growth plans. 8 March 2019
Insurance
Insured losses from the Townsville flood in Queensland, Australia from January 26 to February 7 have has reached A$893 million ($627 million), according to Aon’s Impact Forecasting. 8 March 2019
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