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Australia’s QBE has warned the markets that it expects to report a full year 2017 after tax loss of around $1.2 billion due to catastrophe losses, reserve strengthening and write-downs. 23 January 2018
Insurance
Specialist insurer Beazley has strengthened its international specialty lines teams across Europe with a series of hires from Aon, Chubb and Tokio Marine, among others. 23 January 2018
Insurance
Australia-based QBE Insurance Group is replacing its group chief financial officer (CFO) Michael Ford who has assumed the role only in September 2017. 11 April 2018
Insurance
Private equity firm Oak Hill Capital Partners has acquired a "controlling equity position" in EPIC, a US retail property/casualty insurance brokerage and employee benefits consulting firm, from The Carlyle Group. 28 July 2017
Insurance
Ratings agency S&P Global has lowered its long-term counterparty credit and senior unsecured debt ratings on Markel Corporation to 'BBB' from 'BBB+' following its recent M&A activity. The outlook is stable. 28 July 2017
Insurance
Bermuda-based Sirius International Insurance Group plans to merge with special purpose acquisition firm Easterly Acquisition in a deal which will result in Sirius becoming a publicly listed company. 25 June 2018
Insurance
Berkshire insurance subsidiaries have reached an agreement with California’s Department of Insurance by committing to lower rates, improved disclosures, and limiting sale of their worker’ compensation insurance. 9 June 2017
Insurance
Dual, the underwriting arm of the Hyperion Insurance Group, has launched mergers and acquisitions (M&A) insurance operations in Frankfurt and London. 9 June 2015
Insurance
Heavy losses mainly from hurricanes Harvey, Irma and Maria hit the results of the XL Group hard in the third quarter – the re/insurer posting a sizable loss. But the company also enjoyed positive growth in the period. 25 October 2017
Insurance
AXA Insurance has expanded its London-based commercial real estate team through the appointment of Anneke Sims as underwriting manager. 15 July 2016
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