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Cooler waters and a weak El Niño could result in an average 2018 Atlantic hurricane season, according to a new report by rating agency Moody’s. 18 June 2018
Insurance
Insurance broker Brown & Brown has acquired substantially all of the assets of C & C Risk Services, a managing general agent (MGA) providing excess public entity insurance coverage to municipalities in Texas and Florida. 18 June 2018
Insurance
Specialist insurer Life Company Consolidation Group (LCCG) has agreed to acquire UK's mutual life insurer Equitable Life. The transaction is expected to complete towards the end of 2019. 18 June 2018
News
Bermuda-based PartnerRe’s balance sheet strength and risk-adjusted capitalisation are said to be at the strongest level, according to rating agency AM Best. 18 June 2018
Insurance
UK independent insurance broker Ardonagh Group has appointed former Lloyd's CEO Richard Ward as executive chairman of its specialty & international and MGA segments that include Bishopsgate and Price Forbes. 18 June 2018
Insurance
Risk advisor and broker JLT Specialty, a subsidiary of Jardine Lloyd Thompson Group, has appointed Hayley Tennant as partner within its mergers & acquisitions (M&A) insurance practice. 18 June 2018
Insurance
Credit insurer Coface has elected François Riahi, chief executive officer of Natixis, as the chairman of its board of directors. 18 June 2018
Insurance
Rating agency AM Best has placed under review with negative implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Mapfre Insurance Company of New York. 18 June 2018
Insurance
Bermuda-based property and casualty re/insurer Sompo International Holdings has launched a new transaction risk insurance line of business, expanding its professional lines insurance offerings, in Europe. 15 June 2018
News
Volante Global, a new Nephila-backed managing general agent (MGA) platform, has secured a $900 million gross premium, multi-class, multi-territory A+ capacity treaty agreement. 14 June 2018
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