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Insurance
Non-life insurance-linked securities (ILS) issuance reached a record breaking $6.3 billion in Q2 2017, continuing the trend from the first quarter of the year. ILS assets under management (AUM) also continue to grow alongside fierce competition from investors. 1 August 2017
Insurance
New companies have formed in recent years to take property/casualty risk in Florida from state-formed Citizens in a soft market and Hurricane Irma will be the first test for them, said ratings agency AM Best in a Sept. 14 report. 15 September 2017
Insurance
AXA Insurance has expanded its London-based commercial real estate team through the appointment of Anneke Sims as underwriting manager. 15 July 2016
Insurance
Dual, the underwriting arm of the Hyperion Insurance Group, has launched mergers and acquisitions (M&A) insurance operations in Frankfurt and London. 9 June 2015
Insurance
Australia’s QBE has warned the markets that it expects to report a full year 2017 after tax loss of around $1.2 billion due to catastrophe losses, reserve strengthening and write-downs. 23 January 2018
Insurance
Specialist insurer Beazley has strengthened its international specialty lines teams across Europe with a series of hires from Aon, Chubb and Tokio Marine, among others. 23 January 2018
Insurance
Private equity firm Oak Hill Capital Partners has acquired a "controlling equity position" in EPIC, a US retail property/casualty insurance brokerage and employee benefits consulting firm, from The Carlyle Group. 28 July 2017
Insurance
Ratings agency S&P Global has lowered its long-term counterparty credit and senior unsecured debt ratings on Markel Corporation to 'BBB' from 'BBB+' following its recent M&A activity. The outlook is stable. 28 July 2017
Insurance
Berkshire insurance subsidiaries have reached an agreement with California’s Department of Insurance by committing to lower rates, improved disclosures, and limiting sale of their worker’ compensation insurance. 9 June 2017
Insurance
Talbot Underwriting, a wholly owned subsidiary of Validus Holdings, has appointed Steve Ward as head of underwriting for its Australian office. 11 July 2016
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