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Insurance
Federated National Holding Company (FNHC) has acquired the interests in Monarch Delaware Holdings (MDH) held by its joint venture partners and the repayment of debt, according to a Feb. 22 press release. 23 February 2018
Alternative Risk Transfer
The African Risk Capacity (ARC) agency has launched the first ever African catastrophe insurance pool. The deal is underpinned by $55 million of index-based reinsurance capacity from the international weather risk markets secured by Willis. 15 May 2014
Insurance
The industry increased its holdings in structured notes by one-third over a three-year period 26 November 2019
Insurance
Hannover-based insurance Group Talanx on November 28 successfully placed a hybrid bond with a volume of €750 million, issued primarily to international and domestic institutional investors. 29 November 2017
Insurance
Specialty re/insurer Brit has appointed Tony Medniuk as non-executive chairman of its Lloyd’s managing agent Brit Syndicates, which is responsible for managing Syndicates 2987 and 2988. 23 July 2018
Insurance
French insurer AXA has entered into an agreement to sell its whole of market intermediary, Health and Protection Solutions, trading as The Health Insurance Group. 12 June 2018
Insurance
Tokio Marine Holdings and Intact Financial are leading a $90 million investment in San Francisco-based startup MetroMile, according to a July 23 Bloomberg News report. 24 July 2018
Insurance
Coverys Syndicate 1975 has received approval from Lloyd’s to begin underwriting business with effect from Jan. 1, 2018. 19 December 2017
Alternative Risk Transfer
Brazilian reinsurer Terra Brasis Resseguros has renewed a cat bond that provides it with protection against certain types of property-catastrophe risk in Latin America on an indemnity basis. 6 March 2018
Insurance
A court case brought by Arthur J Gallagher (AJG) against the Ardonagh group, for allegedly poaching a team of employees, has highlighted “hostile, unguarded” internal exchanges at AJG. 14 March 2019
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