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Insurance
Australian insurers have started estimating the likely cost of the hailstorms that hit the East Coast on February 18. 6 March 2017
Insurance
US-based private equity firm JC Flowers is acquiring managing general agent (MGA) UK General Insurance from Primary Group. 3 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
London-based specialist re/insurer THB has appointed Toby Kayll as managing director of the marine division that offers broking services including hull and machinery, liability, cargo, and protection and indemnity. 2 March 2017
Insurance
Global Risk Partners (GRP), a private-equity-backed investment vehicle aimed at brokers and managing general agents (MGAs), has completed the acquisition of commercial and personal lines insurance broker Higos. 2 March 2017
Insurance
Ryan Specialty Group (RSG), a specialty insurance services business based in Chicago, has completed the acquisition of specialty marine managing general agency (MGA) Trident Marine Managers. 2 March 2017
News
Ariel Re, a subsidiary of Bermuda-based Argo Group, has launched the Xuber for Reinsurers platform across its Lloyd's and Bermuda businesses. 2 March 2017
Insurance
Broker Willis Towers Watson (WTW) has completed the acquisition of OAAGC's team and book of business following a week-long negotiation with the French aviation brokerage firm. 2 March 2017
Insurance
Bahrain regulated reinsurer Arab Insurance Group (Arig) has received a license from Dubai Financial Services Authority to operate its wholly owned new reinsurance subsidiary Arig Insurance Management (AIM) which will mainly focus on facultative specialty lines with underwriting authority from Arig. 2 March 2017
Insurance
Ratings agency AM Best said it will monitor the situation after Bermuda-based Maiden Holdings delayed the filing of the company’s 2016 annual report by up to 15 days. 2 March 2017
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