Articles
Insurance
Swiss Re is cutting back its business not only in property/casualty (P&C) but also in its favoured corporate solutions segment as rates reach intolerable levels and waits for the operating environment to improve. 24 February 2017
Insurance
Ironshore International’s Mergers & Acquisitions and Tax Insurance unit has opened an office in Frankfurt, Germany, through Ironshore Agency in a move to expand its European presence. 7 July 2017
Insurance
The re/insurance industry is in a much worse position than its bosses will admit and many carriers will be cashflow negative by the end of 2019, industry veteran Stephen Catlin has warned, in an explosive interview in which he stressed that any executive running a public company could not risk highlighting this reality to investors. 10 September 2018
Insurance
AmTrust Financial Services, multinational insurance holding company, has entered into an agreement to acquire specialty insurance company ANV Holdings and its affiliates from Ontario Teachers' Pension Plan for $218.7 million in cash. 20 April 2016
Insurance
New York-based insurance holding company AmTrust Financial Services is looking to sell a majority in its MGA network and warranty administration operations, CEO Barry Zyskind suggested during the company’s first quarter results conference call. 9 May 2017
Insurance
Blackstone Insurance Solutions, a new business launched by private equity group Blackstone, has hired the former president of New York Life’s Investments Group as its chief executive. 10 January 2018
Insurance
Twelve Capital, the independent investment manager specialising in insurance, has hired a new director within its portfolio management team who will have a principal concentration on catastrophe bond strategies. 9 May 2017
Insurance
Switzerland-based Allied World Assurance Company's shareholders have approved the merger transaction with Canada-based property/casualty re/insurer Fairfax Financial Holdings. 23 March 2017
Insurance
Broker Brown & Brown has acquired Pacific Resources Benefit Advisors, an independent employee benefits advisory firm, which had net revenues of $22.7 million in 2013. 28 April 2014
Insurance
Bermuda-based Everest Re Group has expanded the financial lines division of Everest Specialty Underwriters (ESU) with a private company/not-for-profit (PC/NFP) unit and multiple key hires, the re/insurer said in a Feb. 20 press release. 21 February 2018
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