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Insurance
Bluefin Underwriting hires Dual exec as broker development exec
Bluefin Underwriting, the managing general agent (MGA) arm of Bluefin, has expanded its broker development team with the appointment of Jodie Gibbons as broker development executive in the Wales and South West region.   17 May 2016
Insurance
Profits dip at Hannover Re but it heralds ‘bottoming out’ of P/C rates
Profits and gross written premiums (GWP) for Hannover Re Group fell in the second quarter of 2016, largely due to the performance of its property/casualty reinsurance segment, which it stressed was facing challenging market conditions.   4 August 2016
Insurance
Ryan Specialty completes Hunter George acquisition
Ryan Specialty Group, the global specialty insurance services business based in Chicago, has completed its acquisition of Hunter George & Partners, the specialist managing general agent (MGA) focused on insurance solutions for mergers and acquisitions.   1 February 2016
Alternative Risk Transfer
Arch secures $375m ILS reinsurance for mortgage risk
Arch Capital Group’s US mortgage insurance operation Arch Mortgage Insurance Company (Arch MI) secured $374,460,000 of indemnity reinsurance from Bellemeade Re 2018-1, a special purpose insurer.   19 April 2018
Insurance
Charles Taylor agrees £261m deal to go private; firm says the offer was 'compelling'
Insurance services firm Charles Taylor has agreed to a "compelling" takeover deal by private equity firm Lovell Minnick Partners, which it hopes will deliver attractive returns to its shareholders.   19 September 2019
Insurance
Flood insurers in Florida have doubled thanks to technology
The number of companies writing flood insurance in Florida has doubled from 10 to 20 firms in the past year, mainly thanks to the use of new technology to better predict and price flood risk, according to a report by Lisa Miller & Associates.   20 July 2017
Insurance
1H insured losses 35% down on 10-year average
Global economic losses from natural disasters for 1H 2017 were estimated at $53 billion – 56 percent lower than the 10-year average of $122 billion and 39 percent lower than the 17-year average of $87 billion, according to Aon catastrophe report.   20 July 2017
Insurance
Cat losses hit profits at Blue Capital but rate declines slow
Profits at Blue Capital Reinsurance Holdings dipped sharply in the second quarter driven by higher levels of catastrophe losses globally. On a positive note, the company said declines in rates slowed in the mid-year renewals compared with a year earlier.   2 August 2016
Insurance
GRP completes fourth deal of the year, with Cavendish Munro investment
Global Risk Partners (GRP), an acquisitive insurance broking and managing general agent (MGA) investment vehicle, has completed its investment in Cavendish Munro Professional Risks, the specialist retail broker.   6 June 2016
Insurance
Lorega and Agenci win cyber award
Lorega, a UK managing general agent (MGA), and Agenci, a cyber security consultancy, have been awarded insurance product of the year at the Cyber Security Awards.   1 July 2016

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