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Insurance
Advantage Insurance Holdings, a provider of insurance solutions for businesses and individuals, has completed a recapitalisation transaction and recruited Tom Hutton, Bruce Shewmaker and Gary Witherspoon to its board of directors. 9 December 2013
Insurance
The UK's Justice Select Committee has indicated in a report published on November 29 that it needs more evidence into claimant behaviour before it can approve the proposed reforms to the Ogden discount rate. 1 December 2017
Insurance
Re/insurer QBE North America, part of QBE Insurance Group, has appointed Marcia Blanco as senior vice president, Western region specialty underwriting and engagement leader. 3 May 2017
News
Gross written premiums grew steadily at Greenlight Capital Re in the first quarter as its CEO said he was pleased with the January renewals. But the company’s profits plummeted largely as a result of higher expenses. 3 May 2017
Insurance
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
Gabi, which provides a free, online "personal insurance shopper," has raised $9.5 million in Series A funding, led by Canvas Ventures, to accelerate its nationwide expansion in the US in 2018. 22 February 2018
Insurance
Profits and gross written premiums dipped at Lancashire Holdings in the second quarter of 2018. But the company said it has taken advantage of rate increases and remained positive as its chief executive suggested more wind losses this year could begin to dampen appetites in the market, reducing capacity. 26 July 2018
Insurance
Economic losses caused by wind, storm surge, and inland flood from Hurricane Harvey could be as high as U.S. $70-90 billion, according to data provider RMS. 31 August 2017
Insurance
Dubai-based re/insurer International General Insurance Holdings (IGI) has recorded lower gross written premiums and net profits for 2016, but management claims to “view future prospects with optimism.” 13 March 2017
Insurance
Broker Willis Towers Watson has appointed Thorsten Querfurt as the company’s new global industry leader for natural resources. 5 April 2017
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