Enstar no longer selling Atrium, StarStone
Bermuda-based run-off specialist Enstar Group is no longer pursuing the sale of its active underwriting businesses, Atrium and StarStone.
R&Q ups FY profit expectations due to Global Re US acquisition
Bermuda-based R&Q Investment Holdings, an underwriting management and legacy acquisitions specialist, expects full year 2018 profits to substantially exceed market expectations due to significant legacy acquisitions.
Hurricane Florence losses estimated at up to $4.6bn
Industry insured losses resulting from Hurricane Florence’s winds and storm surge will be between $1.7 billion and $4.6 billion, according to estimates by catastrophe risk modelling firm AIR Worldwide.
AFL acquires US based Zodiac in MGA expansion move
Independent Lloyd’s broker AFL Insurance Brokers has acquired a majority stake in New Jersey-based Zodiac Insurance Services as it expands into the managing general agent (MGA) space.
R&Q snaps up Global US from AXA for $80.5m
Insurance services and investment company Randall & Quilter Investment Holdings (R&Q) has revealed two new legacy deals including a US-based subsidiary of AXA Group.
Lloyd’s publishes policy documentation for Brussels unit
Lloyd’s and the Lloyd's Market Association (LMA) have published a new suite of policy documentation to support the underwriting of risks from the European Economic Area (EEA) by the new Lloyd’s Brussels unit.
Marsh CEO expects faster growth through JLT acquisition
Broker Marsh & McLennan Companies (MMC) CEO Daniel Glaser expects that the group will accelerate the pace of growth through the Jardine Lloyd Thompson Group (JLT) acquisition.
AXIS appoints new CEO of Irish subsidiaries
Bermuda-based re/insurer AXIS Capital Holdings has appointed Helen O’Sullivan as the CEO of AXIS Specialty Europe and AXIS Re.
Berkshire swoops for AIG, Chubb, Zurich talent in Dubai
Berkshire Hathaway Specialty Insurance Company (BHSI) has expanded its leadership team in Dubai with the appointment of AIG, Chubb, AXA, QBE, Allianz and Zurich executives to fill key product line and service posts.
Chubb hires AXA US CEO Miller for Continental Europe
Insurer Chubb has hired the former US president and CEO of AXA Insurance Company for a newly-created role in Continental Europe.
