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Bluefin Network has acquired Obsbornes Insurance Oxford, an independent insurance broker, as part of its expansion in the Oxford area. 8 July 2016
Insurance
Reinsurance rates will increase almost across the board in the aftermath of losses from hurricanes Harvey, Irma and Maria as reinsurers “refill the buckets” in anticipation of future cat losses, Axel Freiboth, managing director, North America, Hannover Re, told PCI Today. 16 October 2017
Insurance
The US property/casualty market must focus on a number of long-term challenges that threaten insurers and reinsurers, according to David Sampson, the president and chief executive officer of the Property Casualty Insurers Association of America (PCI). 16 October 2017
Insurance
The recent hurricanes have turned the spotlight on to the importance of flood modelling, which has come a long way in a short amount of time, Pete Dailey, vice president and head of global flood models at RMS, told PCI Today. 16 October 2017
Insurance
S&P Global Ratings has announced that it expects US property/casualty (P/C) insurers’ credit to be resilient in the face of hurricanes Harvey, Irma and Maria (HIM) in its latest rating report. 16 October 2017
Insurance
James River Group (JRG) has reported an increase in its net income of 16.8 percent to $14.6 million in the second quarter of 2016, compared with $12.5 million in the same period of 2015. 4 August 2016
Insurance
Harrington Reinsurance Holdings, together with its subsidiary Harrington Re, has completed a capital raise of approximately $550 million of equity and $50 million of debt, including a $100 million equity investment by a subsidiary of AXIS Capital and an approximately $50 million equity investment by affiliates of The Blackstone Group. 6 July 2016
Insurance
Re/insurance law firm Kennedys has expanded in Latin America with a new office in Mexico and the appointment of three new partners to lead it. 12 January 2017
Insurance
Independent proxy advisory firm Glass Lewis has recommended that AmTrust Financial Services stockholders vote “FOR" the company's merger agreement at the special meeting of stockholders on June 4, 2018, according to a May 25 AmTrust statement. 29 May 2018
Insurance
Harrington Re, the new reinsurance venture by AXIS and alternative asset manager Blackstone, which raised $600 million in July this year, has been warmly received by potential clients so far as it moves into its first renewals, Jay Nichols, the chief executive of AXIS Re, told PCI Today. 24 October 2016
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