News
Insurance
Fitch Ratings has placed Sirius International Group's ratings on Rating Watch Negative, driven by a "deepening debt and liquidity crisis" at China Minsheng Investment Group Corp (CMIG), which owns approximately 80 percent of Sirius's common shares on a fully diluted economic basis. 25 April 2019
Insurance
Amynta Group, a group of warranty, managing general agent (MGA) and specialty risk companies, has appointed Robert Giammarco as the new chairman and chief executive officer (CEO). 25 April 2019
Insurance
Research shows careless approach to quality of D&O insurance by many private equity firms: Mactavish
Many private equity firms are “not placing enough focus on the quality of insurance cover” in place at portfolio companies, according to research from Mactavish, the expert on commercial insurance placement and disputes. 3 October 2019
Insurance
The island’s government takes financial crime ‘very seriously’. 28 November 2019
Insurance
HDI Global Specialty SE, a joint venture of Hannover Re and HDI Global SE, has acquired alternative specialty lines managing general agent (MGA) Svedea to strengthen its position in Sweden. 23 July 2019
Insurance
Broking firm Global Risk Partners (GRP) has acquired Lancashire-based insurance intermediary 3XD, which provides specialist insurance through a range of distribution channels including independent financial advisers. 23 July 2019
Insurance
Global insurance broking and risk management firm Marsh has unveiled Joe Grogan as executive chairman of Marsh Ireland. It also announced that the current managing director of JLT Ireland Patrick Howett will become CEO of Marsh Ireland when the deal between Marsh’s parent company, Marsh & McLennan Companies and JLT, closes. 5 March 2019
Insurance
‘Access to a panel of experts helps reduce the likelihood of a breach occurring.’ 14 November 2019
Insurance
Former XL Catlin veteran Paul Jardine has joined the advisory board of insurtech startup AkinovA. 15 November 2018
Insurance
Tokio Marine Holdings has agreed to buy 100 percent of the outstanding shares of US firm Privilege Underwriters and its subsidiaries, known as the Pure Group, for $3.1 billion (approximately ¥ 325.5 billion). 3 October 2019
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