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FedNat gains approval for $51m Maison deal
Insurance
US insurer FedNat Holding Company has secured regulator approval to close the acquisition of Maison Insurance Company and other homeowners insurance entities from 1347 Property Insurance Holdings (1347 PIH) in a $51 million deal.   14 August 2019
Risk Strategies hires former IMA, Aon exec to lead professional liability group
Insurance
US insurance brokerage and risk management firm has appointed Darren Black to lead its national professional liability practice group.   14 August 2019
Berkshire Hathaway reinsurance reports significant losses in Q2 and H1 2019 results
Insurance
Total net earnings for Berkshire Hathaway Inc were up in the second quarter of 2019 and in the half year compared to 2018 but the firm’s reinsurance group reported significant pre-tax underwriting losses.   5 August 2019
Insurance
Swiss Re's ReAssure is acquiring Quilter's UK closed book business, consisting of Old Mutual Wealth Life Assurance and its subsidiary Old Mutual Wealth Pensions Trustees, including about 300 employees, for a total consideration of £425 million.   5 August 2019
Insurance
German insurer Allianz enjoyed a strong second quarter 2019 with operating performance and net income rising above estimates, but its property/casualty operating profits fell back due to lower investment earnings.   5 August 2019
Insurance
Risk management firm Gallagher Bassett (GB) is acquiring the assets of loss adjusting and claims management firm Adjusting Associates to further expand its size and offerings in the UK.   5 August 2019
Insurance
Property/casualty insurer Chubb has appointed Marcos Gunn as senior vice president, Chubb Group and regional president, Latin America.   5 August 2019
Insurance
Barbican Protect, the UK insurance arm of Barbican Insurance Group, has appointed Paula McManus as head of professional indemnity (PI) for its London operations.   5 August 2019
Insurance
Specialist insurer Markel International has appointed Keith Paul as senior underwriter in its trade credit and political risk team in Dubai.   5 July 2019
Insurance
Germany-based legal expenses insurance provider ARAG Group has entered the Australian market in partnership with HDI Global Specialty.   4 July 2019

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