Liberty hires ex-AIG James Goodliffe to strengthen trade credit multi-buyer product line
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, has appointed James Goodliffe to the role of senior underwriting officer within its financial risk solutions (FRS) multi-buyer trade credit practice.
Lloyd's broker Tysers expands into Bermuda with Richard Tomkins at helm; move part of strategic growth plan
UK-based Lloyd's broker Tysers, part of Integro Insurance Brokers, has launched a hub in Bermuda under the leadership of Richard Tomkins, in a move aimed at expanding its global footprint and capitalising on the attractive market opportunities available on the island.
Berkshire's BHSI adds automatic reinstatement to Asia D&O amid "targeted and aggressive" regulatory environment
Berkshire Hathaway Specialty Insurance (BHSI), a wholly owned subsidiary of Warren Buffett’s Berkshire Hathaway, has added automatic reinstatement provision to its executive first directors & officers (D&O) liability insurance offering in Asia.
QBE North America appoints Eric Sanders as head of claims
Specialist insurer QBE North America has appointed Eric Sanders as head of claims.
FedNat gains approval for $51m Maison deal
US insurer FedNat Holding Company has secured regulator approval to close the acquisition of Maison Insurance Company and other homeowners insurance entities from 1347 Property Insurance Holdings (1347 PIH) in a $51 million deal.
Risk Strategies hires former IMA, Aon exec to lead professional liability group
US insurance brokerage and risk management firm has appointed Darren Black to lead its national professional liability practice group.
Concord Specialty boosts reps and warranty practice with new hire
Concord Specialty Risk, a transactional risk insurance and loss mitigation specialist which is a series of RSG Underwriting Managers, has appointed Ilan Peress as vice president, representations and warranty insurance underwriter.
Maiden posts $15.4m loss in second quarter 2019; CEO Metz remains poised for recovery
Bermuda-based re/insurer Maiden Holdings' losses almost tripled in the second quarter of 2019 compared to a year ago despite numerous strategic measures to strengthen its capital position and speed up recovery.
Aon advises HSBC Bermuda on £7bn longevity swap with Prudential
Re/insurance broker Aon has advised HSBC Bermuda on a recently completed £7 billion longevity swap, involving the HSBC Bank (UK) Pension Scheme and Prudential Insurance Company of America (PICA), said to be the second largest ever deal of its type.
Swiss Re to set up new Ivory Coast reinsurance underwriting office to expand in Middle East and Africa
Global reinsurer Swiss Re is establishing an underwriting office in Abidjan, Ivory Coast to expand its services in the Middle East and Africa region. The office is expected to be fully operational by 1 October 2019.
