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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
Reinsurance
The new venture was brought together by Howden Reinsurance Broking. 21 December 2020
Insurance
SRG was formed by Pollen Street Capital through the acquisition of Miles Smith in 2018. 21 December 2020
Insurance
The company claims more than 150 investors based in France, Europe and Asia took part in the placement. 15 July 2020
Insurance
Liberty Specialty Markets has appointed a new head of casualty Germany. 15 July 2020
Insurance
Third Point Re shareholders did not approve one proposal that it says will not impact the merger. 25 November 2020
Insurance
International General Insurance (IGI) experienced steady growth and a substantial increase in net profits in the first half of 2016, despite difficult market conditions. 30 August 2016
Insurance
Shareholders representing 39 percent of the equity have voted against the continuation of the Blue Capital Alternative Income Fund at the annual general meeting and the company’s board is recommending an orderly run-off of the company. 11 May 2018
Insurance
Litigation finance is the key to understanding the developing litigation environment in the US, Robert Reville, chief executive officer of risk modeller Praedicat, told Intelligent Insurer. 12 September 2022
Insurance
Covéa’s acquisition of PartnerRe means the reinsurer can put a period of uncertainty behind it—something that cannot be said for many other reinsurers in a time of insecurity and volatility for the industry that could drive more consolidation. 12 September 2022
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