News
Insurance
StarStone CEO Demian Smith has stepped down from his position directly after StarStone’s parent company, Bermuda-based run-off specialist Enstar, revealed that it is no longer selling the specialty carrier. 20 September 2018
Insurance
Bermuda-based run-off specialist Enstar Group is no longer pursuing the sale of its active underwriting businesses, Atrium and StarStone. 19 September 2018
Insurance
Bermuda-based R&Q Investment Holdings, an underwriting management and legacy acquisitions specialist, expects full year 2018 profits to substantially exceed market expectations due to significant legacy acquisitions. 19 September 2018
Insurance
Industry insured losses resulting from Hurricane Florence’s winds and storm surge will be between $1.7 billion and $4.6 billion, according to estimates by catastrophe risk modelling firm AIR Worldwide. 19 September 2018
Insurance
Independent Lloyd’s broker AFL Insurance Brokers has acquired a majority stake in New Jersey-based Zodiac Insurance Services as it expands into the managing general agent (MGA) space. 19 September 2018
Insurance
Insurance services and investment company Randall & Quilter Investment Holdings (R&Q) has revealed two new legacy deals including a US-based subsidiary of AXA Group. 19 September 2018
Insurance
Lloyd’s and the Lloyd's Market Association (LMA) have published a new suite of policy documentation to support the underwriting of risks from the European Economic Area (EEA) by the new Lloyd’s Brussels unit. 19 September 2018
Insurance
Broker Marsh & McLennan Companies (MMC) CEO Daniel Glaser expects that the group will accelerate the pace of growth through the Jardine Lloyd Thompson Group (JLT) acquisition. 18 September 2018
Insurance
Marsh & McLennan Companies (MMC) is acquiring re/insurance broker Jardine Lloyd Thompson Group (JLT) for $6.4 billion. 18 September 2018
Insurance
Losses from Hurricane Florence will be largely retained by property/casualty insurers only “dampening” their third quarter earnings. Only reinsurers and ILS funds with low attachment points may find themselves subject to claims, according to a report by Moody’s, which also predicted no cat bonds would be triggered. 17 September 2018
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