Articles
Insurance
Bermuda-based Aspen Insurance Holdings has appointed Validus' Jonathan Ritz to the newly-created role of group president with immediate effect. 4 September 2019
Insurance
Bermuda-based Fidelis Insurance has hired Bob Clarkson to join its Fidelis Underwriting (FUL) London underwriting team as part of the group’s strategic initiative to further develop its focused offering of specialty insurance products. 4 September 2019
Insurance
Provider of commercial, contract, and international surety bonds Argo Surety has unveiled an increased Treasury listing capacity that means it can consider single bonds up to $100 million. 27 August 2019
Insurance
Bermuda-based Aspen Insurance Holdings suffered a net loss of $37.3 million in the first half of 2019, dropping from a net income of $16.1 million it made in the same period last year. 16 August 2019
Insurance
Bermuda-based Syncora Holdings has entered into an agreement to sell its New York financial guarantee insurance subsidiary to Star Insurance Holdings, a part of GoldenTree Asset Management, for $392.5 million in cash. 16 August 2019
Insurance
Canadian property and casualty insurer Intact Financial Corporation has entered into a definitive agreement with Princeton Holdings to acquire The Guarantee Company of North America, a specialty lines insurer in Canada and the US, and Frank Cowan Company, a managing general agent (MGA) focused on specialty insurance, for approximately C$1 billion ($750 million) in cash. 16 August 2019
Insurance
Allianz Insurance has appointed Shelley Hughes to the newly created position of digital claims propositions manager. 16 August 2019
Insurance
US-based enterprise risk management agency Cobbs Allen has formed a new specialty insurance brokerage and investment banking platform to serve corporates and private equity clients. The company believes that current consolidation in the marketplace has created a need for an independent platform with scalability and the ability to move quickly and nimbly. 16 August 2019
Insurance
Property/casualty insurer Travelers Companies has created a new position to lead its environmental, social and governance (ESG) efforts across the organisation. 16 August 2019
Insurance
Most of the top 20 reinsurers have switched strategy to take advantage of the price uptick, seen during the April, June and July 2019 renewals, by increasing their exposure to catastrophe risk, a report from S&P Global has found. 9 August 2019
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