QBE European Operations has hired an Euler Hermes exec as it targets growth in its UK and European surety portfolio.
Houston International Insurance Group (HIIG) has raised $70 million in additional capital from its shareholders to finance growth.
Backed by insurers, a new law which brings hope to defendants fighting fraudulent claim has been passed in Parliament.
Flood Re, the UK Government's scheme to pool flood risk, has appointed Guy Carpenter as its reinsurance broker.
Rating agency Standard & Poor’s (S&P) will pay $77 million to the Securities and Exchange Commission (SEC) to settle three cases involving fraudulent misconduct.
Tokio Marine Kiln, the dual platform provider of specialist and corporate insurance, has appointed Paul Woodward as head of liability for its company platform.
The proposed merger of PartnerRe and Axis Capital has caused mixed views from rating agencies some of which have raised concerns over a smooth integration.
Alsford Page and Gems, the parent of Lloyd’s re/insurance broker, Alsford Page & Gems (APG), has been purchased by a consortium of the company’s current management and privately owned investment firm, PSC Capital.
Compass Broker Services, the UK networks division of Arthur J Gallagher, has strengthened its motor division with two appointments.
Brown & Brown, the US independent insurance broker, has posted strong results for 2014 following its exit from the reinsurance brokerage space.