Articles

Insurance

Zurich acquires QBE Latin American operations

Zurich Insurance Group has entered into an agreement to acquire the operations of Australian insurer QBE in Latin America for a total aggregate price of $409 million.   26 February 2018

Insurance

Pioneer expands coverage for specialty contractors

Pioneer Special Risk has launched a new coverage option for specialty contractors to protect them against new risks arising from environmental and pollution damage.   15 August 2017

Insurance

Ironshore execs take on new product line roles

Bermuda-based Ironshore Specialty Casualty has named Dawn Puro and Sonny Powers to assume new product line responsibilities with immediate effect.   28 February 2017

News

Lloyd's receives reinsurance licence in Nicaragua

Lloyd’s of London has been granted a licence as a foreign reinsurer in Nicaragua by the country's insurance regulator Superintendencia de Bancos y Otras Instituciones Financieras (SIBOIF).   29 March 2017

Insurance

Chaucer hires senior exec from HDI Global to grow US general liability

Chaucer, an insurance group underwriting at Lloyd's, has appointed Joe Murphy as senior class underwriter in its casualty division.   29 March 2017

News

Scottish Re commences wind up in Bermuda and Cayman

Scottish Re Group, which went into run-off in 2008 after suffering substantial losses in 2007, has started voluntary provisional winding up proceedings in Bermuda, where it is headquartered, and filed for parallel winding up proceedings in the Cayman Islands, where it is incorporated.   24 May 2017

Insurance

R&Q writes $43m reinsurance loss portfolio transfer for Californian firm

Randall & Quilter Investment Holdings has written a loss portfolio transfer (LPT) reinsurance contract to cover approximately $43 million legacy liabilities for a California-based insurance group.   20 June 2017

Insurance

EPIC buys product warranty analytics specialist

EPIC, a US retail property/casualty insurance brokerage and employee benefits consulting firm, has acquired product warranty analytics firm After based in Norwalk, Connecticut.   20 June 2017

Insurance

Lincoln Financial Group tightens life insurance oversight

Lincoln Financial Group has appointed Randal Freitag to assume oversight responsibility for the company’s life insurance business.   20 June 2017

Insurance

Management shake-up follows CETA ownership change

Following a management buyout backed by Kester Capital, niche insurance distributor CETA Insurance is facing a management shake-up.   2 October 2017

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