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US insurance broking group Acrisure is to acquire reinsurance intermediary Beach & Associates. It will buy-out private equity firm Aquiline Capital Partners as part of the deal. 10 January 2018
Insurance
New York-based insurance startup Sure has raised $8 million in a series A round of funding led by IA Capital, with contributions from Menlo Ventures, FF Venture Capital, Nationwide Ventures, Assurant, and AmTrust. 15 June 2017
Insurance
Beazley, a provider of specialist environmental liability insurance, has increased its capabilities with the hire of two new environmental underwriters in the US. 17 May 2017
Insurance
Pioneer Underwriters has launched a new business in Latin America. It has opened a regional hub in Mexico City and appointed four senior insurance professionals as senior vice presidents. 8 January 2018
Insurance
The US Federal Emergency Management Agency (FEMA) has increased the amount of reinsurance coverage protecting the National Flood Insurance Program (NFIP) by almost 40 percent. 8 January 2018
Insurance
eReinsure.com, now part of AmWINS Group, will now offer blockchain service linked to its proven reinsurance platform. 8 January 2018
Insurance
Claims management firm Cunningham Lindsey has appointed Stephen Foster as marine technical director in the UK. Foster replaces Ray Saunders, who is retiring at the end of the year. 10 July 2017
Insurance
German insurer Allianz is launching a further tender offer for the remaining 5 percent of Euler Hermes shares held by minority shareholders that would result in a squeeze-out procedure and delisting of the trade credit insurer's shares from the Euronext Paris stock exchange. 23 February 2018
News
Bermuda-based RenaissanceRe Holdings (RenRe) has estimated that the pre-tax impact of the Ogden rate change on its carried reserves is approximately $30 million, and will be recognised in the first quarter of 2017. 13 April 2017
Insurance
Markel Corporation has appointed Glenn Mozingo to the newly-created role of managing director, global insurance business development and corporate account executive. 13 April 2017
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