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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
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
Swiss Re is reportedly close to sealing a deal which will see Japanese conglomerate SoftBank acquiring a 25 percent stake in the reinsurer, according to a March 28 Bloomberg News report citing "people familiar with the matter". 29 March 2018
Insurance
The sale of National Bank of Greece’s (NBG’s) 75 percent holdings in subsidiary Ethniki General Insurance to EXIN Financial Services Holding fell through, driving NBG to seek alternative options for the insurance unit. 29 March 2018
Insurance
Specialty re/insurer Canopius has appointed Rebecca Marsden as credit and political risk underwriter. 29 March 2018
Insurance
Risk management services firm Hanover Stone Solutions has established a new practice to help senior insurance company executives design and implement a strategic planning process. 29 March 2018
Insurance
Zurich UK, a subsidiary of Zurich Insurance Group, is acquiring Oak Underwriting from RSA Insurance. 28 March 2018
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