News

Insurance

Fidelis underwriter joins Liberty Specialty Markets in London

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Jennifer Wilson as an underwriter in its global financial risks team in London.   17 August 2017

Insurance

AmTrust sells management policy system for $200m

Property/casualty insurer AmTrust said on Sept. 14 that it sold a personal lines policy management system to National General for $200 million.   14 September 2017

Insurance

Insurance M&A deal values to more than double in 2018

Deal values across property/casualty (P&C) and life insurance are expected to more than double in 2018, marking the second-busiest year since 2005, according to S&P Global Market Intelligence.   9 October 2018

Insurance

California wildfire losses to reach up to $13bn: RMS

Insured losses from The Camp and Woolsey Wildfires are expected to reach between $9 billion and $13 billion, according to data provider RMS.   19 November 2018

Insurance

Fairfax mulls Advent-Brit synergies at Lloyd’s as it faces 'considerable challenges'

Advent Capital Holdings and Brit, both units of Fairfax Financial Holdings, are planning to merge some of their Lloyd’s business and place the rest into run-off following a detailed portfolio review.   12 July 2018

Insurance

Aon sues Marsh over misappropriation of trade secrets

Aon Consulting has filed a lawsuit against Marsh over misappropriation of trade secrets, deceptive trade practices, unfair competition, and tortious interference with a prospective economic advantage.   10 October 2017

Insurance

Chubb CEO Greenberg sees “tremendous opportunity” in middle market, SMEs

Property/casualty insurer Chubb is targeting major growth opportunities in the global middle market and small commercial business sector, CEO Evan Greenberg said in a letter to shareholders.   9 April 2018

Insurance

TigerRisk hires Swiss Re exec to head reinsurance unit

Reinsurance broking and risk/capital management firm TigerRisk Partners has appointed Seth Ruff as partner and head of reinsurance solutions.   10 October 2017

Insurance

Reinsurers see M&A as solution for tough markets

Tough market conditions for global reinsurers is forcing them to review their long-term relevance and many are resorting to M&A to build scale, acquire expertise, and diversify, according to S&P Global Ratings.   24 August 2018

Insurance

Assured Guaranty files lawsuit against Puerto Rico

Bermuda-based financial guaranty insurance provider Assured Guaranty filed an adversary complaint against the Commonwealth of Puerto Rico, the financial oversight and management board for Puerto Rico (Oversight Board), Puerto Rico governor Ricardo Rosselló Nevares and others.   24 May 2018

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