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Hartford Financial Services Group is acquiring The Navigators Group for $2.1 billion in a move that will see the US insurer expand its offerings and underwriting risk appetite. 22 August 2018
Insurance
Accredited Surety and Casualty (ASC), a property/casualty insurer a subsidiary of Randall & Quilter (R&Q), has entered the surety market in the US thanks to a new underwriting agreement. 15 July 2016
Alternative Risk Transfer
The chairman of the CATCo Reinsurance Opportunities Fund is expecting further rate decreases in the January 2019 renewals following challenging 2018 renewals. 20 August 2018
Insurance
Guy Carpenter, the reinsurance subsidiary of broker Marsh & McLennan Companies, has appointed Tony Gallagher as CEO of the Asia Pacific region and Richard Jones as the region chairman, both effective immediately. 2 August 2017
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, has promoted José Ernesto Ospina, formerly LSM’s general manager for Colombia, to the newly-created role of LatAm reinsurance regional manager. 25 September 2017
Insurance
Bermuda-based holding company Fidelis Insurance has promoted Ian Turner to the position of group chief actuary. 5 July 2017
Alternative Risk Transfer
Jardine Lloyd Thompson Capital Markets (JLTCM), part of JLT Towers Re, has closed a $44 million private placement catastrophe bond. 10 June 2014
Insurance
Argo International, the Lloyd’s insurer and member of Argo Group, has appointed Rebecca Harrison as mortgage impairment and real estate owned (REO) underwriter. 3 September 2014
Insurance
UK-based insurance intermediary Towergate, part of the newly-formed Ardonagh Group, has launched Geo Specialty, a London MGA (managing general agent) business with a new team of market specialists. 1 August 2017
Insurance
China's insurance regulator has barred Anbang Life Insurance from applying to issue new products for three months, the latest move in an industry-wide crackdown, Reuters reported May 5. 8 May 2017
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