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Insurance
Castel Specialty, a division of MGA formation platform Castel Underwriting Agencies, has added a global property facultative reinsurance offering to its portfolio while appointing a senior executive from Pen Underwriting. 3 April 2018
Insurance
US-based Integro Insurance Brokers is acquiring 100 percent of Hawkes Bay Holdings (HBH), the privately-owned principal parent company of Lloyd’s accredited broker Tysers. 29 March 2018
Insurance
Lloyd’s Acappella syndicate 2014 has appointed David Jones as active underwriter and Matthew Bellamy as deputy active underwriter. 29 March 2018
Alternative Risk Transfer
Cybersecurity is a generational exposure, according to Rick Welsh, CEO of Sciemus, but Bermuda has a chance to lead in dealing with it—and ILS could have a part to play. 29 March 2018
Insurance
The Hanover Insurance Group is "exploring strategic alternatives" for its international specialty business, including a sale of its Lloyd's insurance unit Chaucer. 29 March 2018
Alternative Risk Transfer
2017 was a record-breaking year for ILS—and Bermuda again led from the front in terms of being both the domicile of choice for the special purpose vehicles issuing ILS and a hub of innovation for new structures and risks. 28 March 2018
Insurance
Bermuda-based AXIS was hit hard by natural catastrophes 2017 but CEO Albert Benchimol believes that the financial impact of the year’s challenges on the company do not explain the 23 percent drop in the firm’s share price and suggested that it was further exacerbated by questions relating to the Novae acquisition. 27 March 2018
Insurance
Hank Greenberg, the former chairman of American International Group (AIG) now the chairman and CEO of the Starr International, has failed in a bid to rekindle a long-standing lawsuit in which he is arguing that the federal government illegally bailed out AIG during the 2008 financial crisis at the expense of shareholders. 27 March 2018
Insurance
US-based Assurant, a provider of risk management solutions, will move closer to completing its acquisition of The Warranty Group, a provider of protection plans, for some $2.5 billion if it succeeds in completing a $900 million senior debt sale this week. 27 March 2018
Insurance
Broker Ed has bolstered its risk solutions team by hiring the former head of US property at Lloyd & Partners. 27 March 2018
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