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Insurance
Taking into consideration a Deutsche Bank valuation of AmTrust Financial Services, the insurer’s shares should be worth between $26.06 and $31.86, and not the $13.50 that is being offered to take the company private, billionaire investor Carl Icahn argued in a May 23 presentation. 23 May 2018
Insurance
Bermuda-based Argo Group International Holdings has appointed Ron Vindivich to lead its US excess and surplus (E&S) lines division, which includes the company's cornerstone Colony Specialty business. 18 August 2017
News
Specialist property/casualty reinsurer Greenlight Re Ireland, a subsidiary of Greenlight Capital Re, has appointed Sean Rocks as a consultant. 3 April 2017
Insurance
American International Group’s (AIG) US casualty business resulted in a $3 billion loss in the fourth quarter of 2016 and in the resignation of CEO Peter Hancock. 9 March 2017
Insurance
Talbot Underwriting, a subsidiary of Bermuda-based Validus Holdings, has promoted David Morris to the position of active underwriter. 2 March 2017
Insurance
Broker Willis Towers Watson has appointed Sampath Soysa as claims manager – Northern and Southern region Australia, within its Corporate Risk and Broking (CRB) team. 27 September 2017
Insurance
Specialist Lloyd's insurer Neon has expanded its mergers and acquisitions (M&A) consortium capacity from £50 million to £75 million, starting January 2017. 24 January 2017
Insurance
Bermuda-based XL Group's board of directors has approved a new share buy-back programme, authorising the company to repurchase up to $1 billion of common shares. 20 February 2017
Alternative Risk Transfer
Reinsurance treaties with aggregate loss triggers are expected to be vulnerable to the November fire losses in California, following previous qualifying catastrophe events in 2018 that would have utilized some or all of their aggregate deductibles, Fitch Ratings said. 20 December 2018
Insurance
California-based Alliant Insurance has combined its portfolio of industry-focused specialty insurance practices under one banner to form Alliant Specialty Group, which will be led by Peter Arkley. 13 April 2017
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