News
Insurance
RSG Underwriting Managers (RSGUM), a subsidiary of Ryan Specialty Group, is merging its managing general underwriters (MGUs) ThinkRisk and EmergIn Risk to operate under a unified brand. 7 November 2018
Insurance
Broker Gallagher has acquired a controlling interest in Purple Bridge Group, the holding company of UK specialist property insurance provider Vasek Insurance Services. 7 November 2018
Insurance
American International Group (AIG) has completed its acquisition of Glatfelter Insurance Group following the receipt of regulatory approvals and other customary closing conditions. 7 November 2018
Insurance
Bermuda-based James River Group Holdings has appointed Christopher Harris and Sundar Srinivasan to its board of directors, and to its audit and investment committee, respectively. 7 November 2018
Insurance
The property/casualty reinsurance sector will merge to end up in a similar structure as the global life reinsurance sector, SCOR CEO Denis Kessler said during a Nov. 6 S&P Global Ratings insurance conference in London. 6 November 2018
Insurance
Swiss Re Corporate Solutions, the commercial insurance arm of Swiss Re Group, has appointed Michael LaRocca as head property & specialty lines North America. 6 November 2018
Insurance
Validus Specialty, a member of American International Group (AIG), has hired a senior JLT executive to lead its US political risk and credit insurance team based in New York. 6 November 2018
Insurance
Re/insurer Hiscox enjoyed solid growth across all its lines of business, including its reinsurance book, in the first nine months of 2018 driven by a mixture of increased rates and new business. 5 November 2018
Insurance
Berkshire Hathaway’s insurance entities posted an underwriting profit of $441 million in the third quarter of 2018, a big turnaround on the same period a year earlier when they made a loss of $1.44 billion thanks to several large cat events. 5 November 2018
Insurance
Re/insurer QBE has unveiled plans to consolidate its Asian and European operations into a "large and better resourced" international division; it will also merger its Pacific business with its Australian & New Zealand operations. 5 November 2018
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