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Insurance
US-based property/casualty insurer The Hartford has agreed a $300 million aggregate excess of loss reinsurance treaty with National Indemnity Company (NICO), a subsidiary of Berkshire Hathaway. 2 May 2019
Insurance
Specialist re/insurance broker BMS Group has appointed Chris DeMuth as senior vice president of BMS Capital Advisory, the company's investment banking division. 2 May 2019
Insurance
Insurance broking veteran of 40 years and former group president at Aon Steve McGill has partnered with global private equity firm Warburg Pincus to launch a specialty risk solutions business named McGill & Partners. 2 May 2019
Insurance
US broker Relation Insurance Services has hired former Swiss Re executive Chris McKechnie as CFO and ex-Waller Helms managing director Tim Hall as head of M&A as it targets growth both organically and through accretive acquisitions. 2 May 2019
Insurance
US wholesale specialty insurance firm CRC Group has acquired Argenia, an MGA and surplus lines broker based in Arkansas, US. 2 May 2019
Insurance
London-based EC3 Brokers has appointed James Murphy to the newly-created role of head of broking. 2 May 2019
Insurance
Bermuda-based White Mountains Insurance Group has appointed Frank Bazos as executive vice president and head of M&A (mergers and acquisitions). 1 May 2019
Insurance
London-based law firm Devonshires is planning to enter the insurance market, and has hired a senior executive from CMS to develop its new practice. 1 May 2019
Insurance
The market is now well overdue a fundamental correction in pricing, something Stephen Catlin will look to capitalise on with his new venture Convex Group, unveiled yesterday (Tuesday May 1). He claims that losses in the industry have been so severe in recent years they are on the verge of destroying capital – something that should prompt a radical change. 1 May 2019
Insurance
Reinsurance sector earnings have remained buoyant in the face of unprecedented natural catastrophe losses over the past two years, Aon’s Reinsurance Aggregate (ARA) report has found. 1 May 2019
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