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Insurance
UK-based personal lines insurer esure has received £1.2 billion acquisition offer from private equity firm Bain Capital in a deal that would take esure private. 14 August 2018
Insurance
Monsanto has been ordered to pay $289 million damages to a man who claimed herbicides containing glyphosate had caused his cancer in a court ruling that sets worrying precedent for insurers, according to law firm Clyde & Co. 14 August 2018
Insurance
New York-based Mutual insurer of US municipal bonds Build America Mutual (BAM) is expanding its claims-paying resources by $100 million through a collateralized reinsurance agreement with Fidus Re, a special-purpose insurer created solely to provide collateralized reinsurance protection to BAM. 17 April 2018
Insurance
Insurance broker Charles Monat Associates (CMA), which has a prominent presence in Asia, has agreed to a management buyout (MBO) to acquire 100 percent of the global wealth solutions business of Willis Towers Watson. 11 May 2017
Insurance
Despite a growing appetite in small and medium-sized enterprise (SME) insurance products there remains a clear gap between the experiences and expectations of SMEs in the UK when it comes to making a commercial insurance claim, according to a survey of SME insurance customers, commissioned by UK MGA Lorega. 3 August 2017
Insurance
Specialist insurer Beazley has appointed Santiago Jaramillo as engineering focus group leader for the US and Latin America, based in Miami. 3 August 2017
Insurance
Atlanta-based Crawford & Company, a provider of claims management solutions, has appointed Rahul Patel as an independent director of the firm. 3 August 2017
Insurance
A subsidiary of Enstar Group has completed a transaction to reinsure the US multi-line property/casualty business of QBE Insurance Group. The company has obtained the regulatory approval. 12 January 2017
Insurance
Two large typhoons in Japan as well as earthquakes and heavy rainfall experienced in Japan have recently revealed the growth potential for business interruption cover in the country’s commercial insurance market, Ken Motoda, president of AGCS Japan, the local unit of Allianz’s commercial insurer, told SIRC Today. 31 October 2018
Insurance
The overall impact of catastrophe losses on property rates was muted at the January 1, 2019 reinsurance renewals, according to Guy Carpenter. 14 January 2019
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