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Insurance
Brit hires from Arch to expand US professional lines
Brit Global Specialty USA (BGSU) has expanded its professional lines offering with the hiring of Rich Hartman from Arch Insurance.   16 January 2018
Insurance
Access Insurance Company ordered to stop business in California
California’s insurance commissioner has issued a Cease and Desist Order against Access Insurance Company, which requires the company to immediately stop transacting, soliciting, negotiating, or administering and writing any new or renewal insurance business of any kind in the state of California.   7 March 2018
Insurance
$1.9bn nat cat hit drives Chubb into Q3 loss
Property/casualty insurer Chubb said on Oct. 26 that it reported a net loss for the third quarter of $70 million after recording pre-tax catastrophe losses, net of reinsurance and including reinstatement premiums, of $1.89 billion in the quarter.   27 October 2017
Insurance
AXA ownership will boost XL’s ability to grow its specialty products
XL Group hopes that being owned by AXA will help open up new markets for its specialty products, Gregory Hendrick, XL president, property & casualty, said on a March 5 presentation on the deal.   5 March 2018
Insurance
Lemonade expands insurance offering to New Jersey
Lemonade, an artificial intelligence-focused insurtech company, has launched its homeowners and renters insurance insurance offering throughout the Garden State.   3 August 2017
Insurance
Hard choices over flooding: secondary perils in the balance at January renewals
Secondary perils were the primary topic at Baden-Baden this year. The consensus is that they mean Europe can no longer escape rate rises, and who pays will determine whether we’re truly seeing a hard market. Intelligent Insurer reports.   11 November 2021
Insurance
Euler Hermes taps Ironshore trade credit SVP to lead UK transactional cover
Trade credit insurer Euler Hermes has appointed Christophe White as head of its UK transactional cover unit.   31 August 2017
Insurance
Lancashire back in black despite heavy Q4 losses
Lancashire Holdings sustained heavy losses in the fourth quarter but returned to profit in 2018 and improved its combined ratio.   14 February 2019
Insurance
IAIS adopts frameworks to supervise internationally active insurance groups
The aim is to mitigate systemic risk in the insurance sector   18 November 2019
Insurance
US tax changes prompts Assurant to tweak Warranty Group deal
Assurant, a provider of risk management solutions, and The Warranty Group, a provider of protection plans and related programmes and a portfolio company of TPG Capital, have amended the structure of their $2.5 billion transaction, previously announced on October 18, 2017.   9 January 2018

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