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White Mountains Solutions, the specialist runoff acquisition subsidiary of the White Mountains Insurance Group, is to acquire American General Indemnity Company and American General Property Insurance Company from American General. 27 June 2012
Insurance
There are a number of actions captive owners can take to expand and add more risk to their captives in order to make it a bigger and better tool – and there are every more sophisticated methods of figuring out the costs of any particular risk the owner is worried about. 9 August 2017
Insurance
Insurance company ACE has hired Anders Mølbjerg Hofman-Bang as casualty manager in Denmark. He joins from AIG Denmark where he was casualty team leader. 26 February 2014
Insurance
UK-based insurance start-up Gryphon Group Holdings has raised £180 million of investment capital from investors Leadenhall Capital Partners and Punter Southall Group. 20 June 2017
Insurance
As carriers reassess their priorities and refocus on making underwriting profits, the use of technology and data science will become key to achieving this, and give companies with these capabilities an advantage, Pina Albo, chief executive of Hamilton Insurance Group, told Baden-Baden Today. 24 October 2018
Insurance
Lower than expected increases in claims costs as a result of changes to the Ogden discount rate boosted the results of UK insurer Direct Line in the first half of 2017. 1 August 2017
Insurance
Chubb has appointed Joe Fernandez as financial lines product manager for Eurasia and Africa, as it continues to invest in building its insurance capabilities in its newest business region. 24 May 2016
News
Bermuda-based Everest Re has made several new additions to its executive solutions group, a division of Everest Specialty Underwriters (ESU). 3 December 2015
Insurance
Insurers are preparing for a surge in demand for cyber cover in personal lines as the awareness of the risk grows in the population and cybercrime cases jump. 16 June 2017
Insurance
The LMA Wordings Forum has revealed it has drafted a ‘cold zone variant’ of its model exclusion wording, which would make it easier for underwriters to cover construction projects in the nuclear sector, a move prompted by recent growth in the construction of nuclear power stations and a requirement to make wordings more appropriate for the nuclear industry of the future. 14 March 2017
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