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Insurance
Niche venture capital provider BP Marsh has acquired a 20 percent stake in South African Property And Liability Underwriting Managers (PLUM) for £300,000. 3 July 2015
Insurance
Aquiline Capital Partners, a New York-based private equity firm investing in financial services, has entered into a definitive agreement to become the majority investor in Wellington Insurance Group, a Texas-based risk distribution business specialising in the delivery and administration of residential property insurance. 21 January 2016
Insurance
Growth in the reinsurance segment of Markel so far this year has been driven by new business in its mortgage product line and large quota share reinsurance treaties but tough market conditions make further growth this year unlikely, Richard Whitt III, co-chief executive officer of Markel Corporation, said in a conference call next week covering the company’s second quarter results. 12 August 2016
Insurance
Pioneer Special Risk, a subsidiary of Pioneer Underwriters, has been approved as a coverholder at Lloyd’s for excess and surplus (E&S) casualty lines. 15 October 2015
Insurance
While the frequency of workers’ compensation claims in the US is expected to decrease further in 2013, in line with current trends, their severity and overall cost to insurers will rise, according to a report by Aon Risk Solutions. 19 December 2012
Insurance
Broker Towergate has appointed to new non-executive directors to its board including one from the US private equity firm that recently invested in the company. 22 November 2016
Insurance
The Middle East is still the largest producer of oil in the world, but it’s also an area that’s starting to look at a more diversified economy. Intelligent Insurer looks beyond the black gold. 20 July 2016
Insurance
R&Q Commercial Risk Services, part of R&Q MGA, has released embedded cyber cover as part of all of its commercial combined and package products for small and medium-sized enterprises (SMEs). 14 June 2016
Insurance
Liberty Mutual’s national insurance property operation has appointed Dan Feige as division underwriting manager for its inland marine division. 17 July 2015
Insurance
The chief operating officer (COO) of Towergate, Michael Rea, has stepped down amid a restructuring of the firm. 27 February 2015
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