Articles

Insurance

Everest bolsters cyber practice with Zurich, Arch and Liberty hires

Everest Insurance has expanded its Everest Specialty Underwriters (ESU) financial lines group with the addition of three new cyber liability team members.   12 September 2018

Insurance

Argo unit Colony Specialty appoints new casualty leader

Bermuda-based excess and surplus (E&S) lines carrier Colony Specialty, a member of Argo Group International Holdings, has appointed Jeff Canfield to serve as head of casualty.   12 September 2018

Insurance

Florence may hit US as category 5 hurricane

Hurricane Florence is currently a category 4 hurricane and may intensify to a category 5 hurricane in the next 24 hours, according to data provider AIR.   12 September 2018

Insurance

Ed hires pair of actuaries from Argo and AmTrust

Broker Ed has hired a pair of experienced actuaries from Argo Group and AmTrust, respectively.   4 September 2018

Insurance

Reinsurers see M&A as solution for tough markets

Tough market conditions for global reinsurers is forcing them to review their long-term relevance and many are resorting to M&A to build scale, acquire expertise, and diversify, according to S&P Global Ratings.   24 August 2018

Insurance

Paraline UK and Beat Capital sign merger deal

Venture capital firm Beat Capital Partners and insurance investment vehicle Paraline UK are to merge in a move designed to "enhance and further build Beat’s platform to support independent underwriting businesses".   24 August 2018

Alternative Risk Transfer

Arch Capital secures $653m reinsurance from capital markets

Arch Capital Group’s US mortgage insurance operation Arch Mortgage Insurance Company has secured $653.3 million of indemnity reinsurance from Bellemeade Re 2018-2, a special purpose insurer.   24 August 2018

Insurance

SCOR reinsures Legal & General £300m longevity deal

Legal & General has entered the longevity insurance market for smaller schemes by completing a £300 million longevity insurance contract with an unnamed mid-tier pension scheme.   24 August 2018

Insurance

Hurricane Lane hits Hawaii

Hawaii has been hit with strong winds and torrential rain as Hurricane Lane approaches the US state, causing flash flooding and landslides, according to an Aug. 24 BBC News report.   24 August 2018

Insurance

Insurtech Oscar secures $375m from Google parent Alphabet

New York-based Oscar Health, a technology-focused health insurance company, has secured $375 million from Google’s parent company Alphabet.   24 August 2018

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