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Insurance
Castel Specialty, a division of MGA formation platform Castel Underwriting Agencies, has added a global property facultative reinsurance offering to its portfolio while appointing a senior executive from Pen Underwriting. 3 April 2018
Insurance
The Montecito mudslide in California in January 2018 has caused over 2,000 insurance claims totalling more than $421 million, according to insurance commissioner Dave Jones. 3 April 2018
Insurance
Bermuda-based Fidelis Insurance has hired Alison Clarke to join its London underwriting team as senior underwriter. 3 April 2018
Insurance
French reinsurer SCOR has appointed Laurent Rousseau as deputy CEO of SCOR Global P&C effective April 1, 2018, replacing Benjamin Gentsch. 29 March 2018
Insurance
US-based Integro Insurance Brokers is acquiring 100 percent of Hawkes Bay Holdings (HBH), the privately-owned principal parent company of Lloyd’s accredited broker Tysers. 29 March 2018
Insurance
AmTrust syndicate 1206 has reported a sharp increase in the combined ratio in 2017 as claims from hurricanes Harvey, Irma and Maria (HIM) impacted the results. 29 March 2018
Insurance
The Hanover Insurance Group is "exploring strategic alternatives" for its international specialty business, including a sale of its Lloyd's insurance unit Chaucer. 29 March 2018
Insurance
Zurich UK, a subsidiary of Zurich Insurance Group, is acquiring Oak Underwriting from RSA Insurance. 28 March 2018
Insurance
Bermuda-based Third Point Re has not made an underwriting profit in the past five years but CEO Robert Bredahl has now revealed a strategy to improve underwriting performance and push the combined ratio below 100 percent. 28 March 2018
Insurance
Bermuda-based AXIS was hit hard by natural catastrophes 2017 but CEO Albert Benchimol believes that the financial impact of the year’s challenges on the company do not explain the 23 percent drop in the firm’s share price and suggested that it was further exacerbated by questions relating to the Novae acquisition. 27 March 2018
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