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Insurance
Insured losses from The Camp and Woolsey Wildfires are expected to reach between $9 billion and $13 billion, according to data provider RMS. 19 November 2018
Insurance
Advent Capital Holdings and Brit, both units of Fairfax Financial Holdings, are planning to merge some of their Lloyd’s business and place the rest into run-off following a detailed portfolio review. 12 July 2018
Insurance
Aon Consulting has filed a lawsuit against Marsh over misappropriation of trade secrets, deceptive trade practices, unfair competition, and tortious interference with a prospective economic advantage. 10 October 2017
Insurance
Reinsurance broking and risk/capital management firm TigerRisk Partners has appointed Seth Ruff as partner and head of reinsurance solutions. 10 October 2017
Insurance
Property/casualty insurer Chubb is targeting major growth opportunities in the global middle market and small commercial business sector, CEO Evan Greenberg said in a letter to shareholders. 9 April 2018
Insurance
Tough market conditions for global reinsurers is forcing them to review their long-term relevance and many are resorting to M&A to build scale, acquire expertise, and diversify, according to S&P Global Ratings. 24 August 2018
Insurance
Specialist and corporate insurance provider Tokio Marine Kiln (TMK) has expanded its special risks division with the appointment of Gary Burke as a trade credit and political risk underwriter, based in London. 16 November 2016
Insurance
Bermuda-based financial guaranty insurance provider Assured Guaranty filed an adversary complaint against the Commonwealth of Puerto Rico, the financial oversight and management board for Puerto Rico (Oversight Board), Puerto Rico governor Ricardo Rosselló Nevares and others. 24 May 2018
Insurance
Brokerage and risk management firm Integro Insurance Brokers has hired Carol Roberts to lead its global super yacht specialty offering, based in New York. 9 August 2017
News
Peak Reinsurance is mulling over a possible flotation in Hong Kong to support the reinsurer’s long-term growth and development, AM Best said in its Sept. 5 Best Week Asia-Pacific edition, citing Fosun International chief financial officer Robin Wang. 6 September 2017
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