Articles

Insurance

FedNat gains approval for $51m Maison deal

US insurer FedNat Holding Company has secured regulator approval to close the acquisition of Maison Insurance Company and other homeowners insurance entities from 1347 Property Insurance Holdings (1347 PIH) in a $51 million deal.   14 August 2019

Insurance

Risk Strategies hires former IMA, Aon exec to lead professional liability group

US insurance brokerage and risk management firm has appointed Darren Black to lead its national professional liability practice group.   14 August 2019

Insurance

IAG appoints Peter Horton as group general counsel

Insurance Australia Group (IAG) has appointed Peter Horton as new group general counsel.   12 August 2019

Insurance

ArgoGlobal appoints new active underwriter for Lloyd's Syndicate 1200

Lloyd's insurer and member of Argo Group, ArgoGlobal, has appointed John Moffatt to serve as active underwriter for Syndicate 1200, replacing Steve Eccles who is leaving the company immediately.   29 July 2019

Insurance

Tokio Marine expands professional risks unit with key new hires

Specialty insurance group Tokio Marine has appointed Stuart Wolstenholme and Lucy Smith to further expand its international media, film & TV capabilities within its professional risks division.   25 July 2019

Insurance

Moody's goes negative on 19 Argentine insurers and financial guarantors' outlook

Rating agency Moody's has revised the outlook of 13 insurers and six financial guarantors in Argentina to negative from stable due to concerns over their asset quality, profitability and capital adequacy, following the change in Argentine's sovereign rating.   17 July 2019

Insurance

Hurricane Barry insurance losses at least $300 million, says risk modeller KCC

Insured losses from storm system Barry, which was briefly a hurricane, will be close to $300 million, according to Karen Clark & Company (KCC).   17 July 2019

Insurance

Blockchain insurance initiative B3i confirms John Carolin as CEO

B3i Services, the blockchain insurance industry initiative, has appointed John Carolin as its chief executive officer (CEO).   17 July 2019

Insurance

Markel agrees out of court deals with former CatCo CEOs over ‘wrongful termination’ claims

Markel has reached an out of court agreement with two former CatCo executives to resolve claims for a total of $73.4 million for alleged “wrongful termination” of employment.   17 July 2019

Insurance

Allianz appoints Linda Regner Dykeman to lead AGCS Canadian business

Allianz Group's specialist corporate insurer Allianz Global Corporate & Specialty SE (AGCS) has appointed Linda Regner Dykeman as its new chief agent of Canada.   17 July 2019

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