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Homeowners' re/insurer HCI has proposed to acquire Federated National Holding Company (FedNat) for $257 million which was not accepted by the Federated National board and HCI CEO Paresh Patel is now looking for similar takeover targets. 2 May 2018
Insurance
Lloyd's underwriting syndicate Probitas 1492 has opened a regional office in Mexico City to serve the Latin American markets. 29 January 2018
Insurance
The recent US tax change and the significant natural catastrophe losses that hit the market in 2017 are expected to trigger consolidation in the re/insurance sector with a particular focus on Bermuda. 26 January 2018
Insurance
XL Catlin's insurance operation has appointed Nancy Bewlay as global chief underwriting officer (CUO) of casualty with effect from April 17. 11 April 2017
Insurance
Re/insurer XL Group is to acquire a 20 percent stake in India’s Mahindra Insurance Brokers (MIBL), according to an Oct. 16 press release. 17 October 2017
Insurance
Charles Taylor-managed Standard Syndicate 1884 has appointed Ian Smith to the role of hull class underwriter, and Courtney Naylor as head of reinsurance. 17 October 2017
Insurance
Ascot Group has formed a new standalone managing general agent (MGA) and hired two senior executives from WKFC Underwriting Managers, part of Ryan Specialty, including its CEO to run it. 22 August 2017
Insurance
XL Catlin’s insurance operation has appointed of Thomas Götting as country manager for Germany. 20 November 2017
Insurance
Australia-based cover holder Epsilon Underwriting Agency is forming a new accident and health division under the leadership of Tim Curling. 20 November 2017
Insurance
Mergers and acquisitions (M&A) in the global insurance industry are at their highest level for four years up 13 percent to 222 deals completed worldwide in the first six months of 2019 from 196 deals in the six months before. 1 August 2019
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