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Ironshore International’s mergers and acquisitions (M&A) and tax insurance unit has enhanced its consortium programmes. 25 May 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
News
During the April 1 reinsurance renewals, rate reductions ranged from flat to mid-single digit reductions compared to a low double digit range seen 12 months ago, broker Willis Re said in its report titled Willis Re 1st View April 1, 2017. 3 April 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
Dale Underwriting Partners, which is managed by Lloyd’s third-party managing agency Asta, has announce that its key capital provider ProAssurance Corporation has extended its commitment of $200 million of underwriting capital to Syndicate 1729, through to the 2022 year of account. 25 May 2017
Insurance
Hong Kong-based Peak Reinsurance Company's net profit was $6.9 million in the 2016 financial year, which compares to $59.2 million in the previous year. 29 March 2017
Insurance
Liberty Mutual Company Ironshore has appointed Steve Horton to chief executive officer of managing general insurance agency Iron-Starr, and Susan Pateras to chief operating officer of Ironshore Bermuda. 18 January 2018
Insurance
Property and casualty insurer Novae Group has entered into a quota share agreement with Fidelis Insurance Bermuda (FIBL) covering Lloyd’s Syndicate 2007’s US property catastrophe treaty excess of loss portfolio for 2017. 29 March 2017
Insurance
Broker Willis Towers Watson has rebranded its insurance-focused investment banking division, the company said in a statement. 3 April 2017
Insurance
Pool Re, the mutual reinsurer that provides terrorism cover for commercial property in the UK, has stated that it will work with its members to resolves any claims that result from the suicide bombing last night in the UK city of Manchester. 23 May 2017
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