News
Insurance
Specialty insurer Tokio Marine HCC's crop insurance unit Producers Ag Insurance Group (ProAg) has signed an agreement to acquire Leawood, Kansas-based crop insurance managing general agent (MGA) AmTrust Agriculture Insurance Services (AmTrust Ag). 23 April 2019
Alternative Risk Transfer
Barbican is open to working with other capital providers on new ventures, said David Reeves, group chief executive officer, Barbican Insurance Group, speaking in the wake of the announcement it will manage a Lloyd’s syndicate funded by Credit Suisse’s insurance-linked securities (ILS) team. 20 October 2015
Insurance
Re/insurer MS Amlin's chief financial officer (CFO) John Worth is stepping down from his role to join Hastings Group, a UK-based insurance provider. 14 January 2019
Insurance
AM Best has downgraded the Financial Strength Rating to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Rating to “a+” from “aa” of HDI Global Specialty SE (Germany). 14 January 2019
Insurance
P&C re/insurers face higher year on year catastrophe losses in the fourth quarter of 2018 results reflecting hurricane Michael, California wildfires, and some smaller events, but overall losses should be manageable, according to Keefe, Bruyette & Woods (KBW) analysts. 14 January 2019
Insurance
JLT Specialty Insurance Services, a US subsidiary of Jardine Lloyd Thompson Group, has appointed Ed Krayer as senior vice president focusing on the private equity industry. 25 June 2015
Insurance
Qatar Insurance Company (QIC), which earlier last year secured access to Lloyd’s through the acquisition of Antares, posted a solid set of results in the first quarter of 2015 despite a fall in profits. 24 April 2015
Insurance
Five separate storm systems spawned severe thunderstorms across the US in April leading to $2.3 billion in economic damage across the country, according to Aon’s latest Global Catastrophe Recap report. 9 May 2018
Insurance
Hamilton Insurance Group has acquired Sportscover Underwriting, Sportscover’s Lloyd’s managing agent, and Kinetic Insurance Brokers, both owned by Wild Goose Holdings. 18 November 2014
Insurance
The recent US tax change and the significant natural catastrophe losses that hit the market in 2017 are expected to trigger consolidation in the re/insurance sector with a particular focus on Bermuda. 26 January 2018
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