News

Insurance

London ILS could be a game-changer

New UK regulations designed to enable an insurance-linked securities (ILS) market in the London Market could have the potential to be a game-changer for parts of the ILS markets but much still depends on how the Prudential Regulation Authority (PRA) adopts and embraces the concept, with the regulator having the potential to make or break the market.   10 September 2017

Insurance

Willis Re exec becomes CUO at Charles Taylor company Signal

Signal Administration, a workers’ compensation mutual manager which is part of Charles Taylor company, has hired a former vice president from Willis Re as chief underwriting officer.   11 April 2017

Insurance

Revenues up at White Mountains but profits dip

White Mountains Insurance Group enjoyed a big increase in its revenues in the second quarter of 2018 mainly driven by the additional revenues of NSM Insurance HoldCo, an insurance programme administrator it acquired for $274 million, this year. But its overall profits deteriorated.   8 August 2018

Insurance

Apollo to acquire Catalina Holdings

Bermuda-based run-off firm Catalina Holdings said on Oct. 17 that private equity firm Apollo Global Management has signed a definitive agreement to acquire a majority shareholding in the company.   17 October 2017

Insurance

Association of Claim Professionals elects five officers and directors

The International Association of Claim Professionals (IACP), a body for insurance claims executives, announced five of its key officers and directors for a one-year term.   17 October 2016

Insurance

RFIB introduces transaction solutions business; names head

RFIB Group, a Lloyd’s re/insurance broker, has appointed James Wilson to head up its newly formed transaction solutions business, effective immediately.   10 August 2016

Insurance

Kemper reveals $1.3bn deal to buy Infinity

US insurance group Kemper Corporation entered into a definitive merger agreement to acquire auto insurer Infinity Property Casualty Corporation for a total consideration of approximately $1.3 billion.   14 February 2018

Insurance

Nexus strikes first of three M&A deals planned for 2018

Nexus Group has acquired Lloyd's coverholder and a specialist directors & officers and financial institutions (DOFI) MGA Apsley Specialty.   13 February 2018

Insurance

Non-life reinsurers face headwinds in China

Reinsurers face underwriting challenges in the non-life business in China due to lower demand and higher competition, according to rating agency AM Best.   18 December 2017

Insurance

Allianz reveals replacements as North America specialty head quits

Allianz Group has appointed replacements for regional head of specialty lines in North America John Barnwell who is retiring after more than 20 years with the company.   15 December 2017

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