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Insurance
The boards of CF Corporation and Fidelity & Guaranty Life (FGL) approved a definitive merger agreement under which CF Corp. will acquire FGL for a total of approximately $1.84 billion, plus the assumption of $405 million of existing debt. 25 May 2017
Insurance
A new reinsurer that will initially target the Florida property/casualty insurance market has been formed on the Cayman Islands. 15 September 2016
News
Hannover Re’s profits slipped slightly in the first quarter but the reinsurer enjoyed strong growth driven by structured reinsurance demand for reinsurance solutions providing solvency relief and growing demand for cyber coverage. 10 May 2017
Insurance
Top cyber insurance writers have shifted their writings to standalone policies and away from packaged policies, according to a June 22 AM Best report. 23 June 2017
Insurance
Hamilton Underwriting, the managing agency of Lloyd’s Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, has appointed Adrian Daws as deputy active underwriter and head of specialty. 8 January 2016
Insurance
Susan Chmieleski, president of Allied World North American Healthcare, will retire from her role, effective June 30, 2016. 7 June 2016
News
Citing Charles Darwin, SCOR CEO Denis Kessler believes that only the companies most responsive to change will survive in an increasingly complex and dynamic operating environment for reinsurers. 14 November 2018
Insurance
ICAT Syndicate 4242 of Lloyd’s of London has issued its first catastrophe bond Buffalo Re Series 2017-1 that will offer indemnity reinsurance coverage for storms and earthquakes occurring in the US. 20 March 2017
Insurance
ICAT, a provider of property insurance in catastrophe exposed regions of the US, has received in principle approval for a special purpose syndicate (SPS) at Lloyd’s. 31 March 2015
Insurance
Four of American International Group (AIG)’s senior executives, including its CEO, Robert Benmosche, have been awarded cash bonuses after they exceeded their targets last year. 14 March 2014
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