News
Insurance
Bermuda-based Maiden Holdings has sold its European automotive group AVS Automotive VersicherungsService to German insurer Allianz. 17 January 2019
Insurance
AM Best has warned that uncertainty as to the UK’s future trading relationship with the EU has increased following the vote in the House of Commons on Jan. 15, 2019, rejecting the deal terms agreed with the EU by Prime Minister Theresa May’s government. 17 January 2019
Insurance
Michigan-based insurance broker Acrisure is issuing $500 million of five-year senior secured notes to help fund acquisitions. 17 January 2019
Insurance
Bermuda-based Blue Capital Reinsurance Holdings has raised its fourth quarter catastrophe loss estimates to $30.0 million net of reinsurance and reinstatement premiums from $17.0 million as of Dec. 11, 2018. 17 January 2019
Insurance
Julio Portalatin has been appointed vice chairman of Marsh & McLennan Companies (MMC). 17 January 2019
Insurance
Specialty insurer Beazley has appointed Sally Lake as new group finance director, replacing Martin Bride who is stepping down in May 2019. 17 January 2019
Insurance
Bermuda-based AXIS Capital Holdings has hired Chubb's Keith Schlosser as new chief information officer (CIO). 16 January 2019
Insurance
Investors have launched a lawsuit against Markel Corporation over loss reserves at its wholly-owned subsidiary Markel CATCo Investment Management following the disclosure of regulatory probes by the US and Bermuda authorities. 16 January 2019
Insurance
Insured losses from major natural catastrophes in 2018 totalled roughly $71.5 billion, slightly more than the annual average since 2011 but the third-highest total during the eight-year period, according to Willis Towers Watson reinsurance unit Willis Re. 16 January 2019
article
Uncertainty continues for the UK’s insurance industry after the government’s Brexit deal has been rejected yesterday (Jan. 15) in what is dubbed the biggest ever government defeat in history. 16 January 2019
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