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Maiden Holdings, the Bermuda-based holding company, has posted an increase in its net income for 2015 to $100.1 million, compared with $77.1 million in 2014. 24 February 2016
Insurance
Agency captives can offer agents and brokers the opportunity to earn underwriting profits previously retained by the insurance carrier, and align the interests of the agent and carrier regarding risk selection, pricing and loss control. 10 August 2017
Insurance
Megadollar deals between reinsurers happen between the gods up on Mount Olympus, but down here we’re focused on how to get better data into transaction systems, says Frank Fortunato, chief executive of CATEX. 23 October 2016
Insurance
Sapiens International, a global provider of software solutions for the insurance industry, with a growing presence in the financial services sector, has entered into a definitive agreement for the acquisition of Maximum Processing. 8 June 2016
Insurance
Re/insurer Allied World has appointed Michael Garrison as senior vice president of Asia-Pacific for Allied World global markets. 22 July 2015
Insurance
Support services provider Advent Insurance Management has established a nationwide US presence through a joint venture with claims adjuster AmeriClaim. 20 August 2015
Insurance
Allianz Group’s specialist corporate insurer, Allianz Global Corporate & Specialty (AGCS) has started a transactional liability unit in North America to help customers face inherent risks caused by M&A transactions. 21 July 2016
Alternative Risk Transfer
Western European insurers are exploring changes to their investment mixes, but strategic asset allocations have remained broadly stable in the past years, according to an analysis of 40 rated insurance groups by S&P Global Ratings. 3 August 2016
News
Florida Hurricane Cat Fund (FHCF) has secured approval from Florida’s State Board of Administration (SBA) to buy $1 billion of reinsurance coverage. 15 April 2015
Insurance
The Hartford’s move to acquire its close neighbour Navigators Group has taken many by surprise—but it could make good strategic sense for the company, which can now target global growth. Its aspirations for the reinsurance side of its new business will also raise a few eyebrows in the market, as Intelligent Insurer finds. 24 August 2018
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