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Insurance
6m customers overpaying for insurance – Financial Conduct Authority
Some six million customers are overpaying for their insurance, according to the UK’s watchdog, the Financial Conduct Authority (FCA), which has proposed tough new measures to address the issue.   4 October 2019
Insurance
HDI snags CNA, Ironshore talent for US property and casualty expansion
The US subsidiary of industrial lines insurer HDI Global SE has made three key appointments within its engineering lines and construction casualty practices.   4 October 2019
Insurance
US firm Heffernan Insurance Brokers acquires construction specialist Mahan
Major US broker Heffernan Insurance Brokers has acquired the assets of the Newport-based Mahan Insurance Brokers, with the deal effective from October 1, 2019.   4 October 2019
Insurance
CAC Specialty launches private equity unit with slew of key hires
Specialty insurance brokerage and investment banking business CAC Specialty, a part of US risk management and insurance brokerage Cobbs Allen, has launched a new financial sponsors group (FSG) to bring together seven of its specialties.   4 October 2019
Insurance
Canopius completes AmTrust at Lloyd’s merger, boosting underwriting expertise
Canopius Group, a global specialty lines re/insurer, has completed the merger of AmTrust at Lloyd’s, a move which will significantly boost its scale.   4 October 2019
Insurance
UK branch of Everest Re's Brexit subsidiary now fully operational
Everest Insurance Ireland, DAC (EIID), the Dublin-based subsidiary of Everest Re Group, has announced that its newly-launched branch office in the UK is now fully operational.   4 October 2019
Insurance
Convex to write excess and surplus lines in US
Specialty re/insurer Convex Group has been authorised to write excess and surplus (E&S) lines across the US.   4 October 2019
Insurance
Willis Towers Watson names Nancy Woode NA head of property broking
Broker Willis Towers Watson has appointed Nancy Woode as head of property broking in North America.   4 October 2019
Insurance
Willis Re hires Aspen Insurance exec to boost speciality unit
Willis Re has hired a senior executive from Aspen Insurance who joins the business as managing director & chief operating officer of Willis Re Specialty.   2 October 2019
Insurance
Sub-Saharan Africa offers long-term opportunities for reinsurers: AM Best
Sub-Saharan African markets remain attractive to international reinsurers taking a long-term view, according to the ratings agency AM Best.   1 October 2019

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