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Bermuda-based Assured Guaranty has entered into an agreement to purchase all of the outstanding equity interests in BlueMountain Capital Management and its associated entities for approximately $160 million. 8 August 2019
Insurance
Zurich Insurance has appointed Brandon Fick as new chief underwriting officer for Zurich North America. 12 September 2018
Insurance
Bermuda-based excess and surplus (E&S) lines carrier Colony Specialty, a member of Argo Group International Holdings, has appointed Jeff Canfield to serve as head of casualty. 12 September 2018
Insurance
Specialist insurer Hiscox is withdrawing from aviation hull and liability underwriting due to market conditions pressuring rates. 21 February 2018
Insurance
Broker Ed has hired a pair of experienced actuaries from Argo Group and AmTrust, respectively. 4 September 2018
Insurance
Reinsurance, wholesale and specialty broker Ed is setting up a new broking platform in Bermuda which it describes as an "important (re)insurance hub" to further expand its international footprint. 10 December 2018
Insurance
Two recent cases have resulted in important decisions by courts, which have ramifications on the way cedants allocate claim payments to their reinsurers post settlement. Robert W. Diubaldo explores the implications of the cases. 1 November 2011
Insurance
Bermuda-based Maiden Holdings as agreed to sell its US facultative business including its team of specialists to Japan-based Sompo Group. 10 October 2018
Insurance
Andrew Brooks, CEO of Ascot Underwriting, has been appointed the next chairman of the Lloyd’s Market Association (LMA) with effect from Jan.1, 2019. 10 October 2018
Insurance
Allianz Group's specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has strengthened its broker relationships team in the UK with a new hire from AIG and a promotion from within. 10 October 2018
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