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Insurance
Bermuda-based Validus Holdings has completed the acquisition of Archer Daniels Midland (ADM) Company’s Crop Risk Services (CRS) business. 2 May 2017
Insurance
US-based global insurance distributor AmWINS Group has announced the acquisition of California-based Networked Insurance Agents, an insurance aggregator specialising in the standard lines insurance segment. 2 May 2017
Insurance
Specialty insurer Markel Corporation has completed the acquisition of Houston-based SureTec Financial which offers contract and commercial surety bonds across 50 states in the US. 2 May 2017
Insurance
Insurance intermediary Towergate has managed the turnaround in 2016 while restructuring continues. 27 April 2017
Insurance
XL Group has announced a significant increase in net income for the first quarter despite greater catastrophe losses and a hit from the UK’s personal injury Ogden discount rate change. 27 April 2017
Insurance
UK insurance retailer Swinton Group is reviewing 84 of its branches as it restructures the business to be more digitally focused, which is likely to result in a reductions of around 900 roles by the end of the year. 27 April 2017
News
After heading the group for over thirteen years in a row, chief executive Nikolaus von Bomhardhas has officially left Munich Re following the company's annual general meeting on April 26. 27 April 2017
Insurance
Hamilton Re, the Bermuda-based property/casualty reinsurer of Hamilton Insurance Group, has reshuffled certain senior management roles and hired new executives to diversify its portfolio. 27 April 2017
News
French reinsurer SCOR has seen its net income drop in the first quarter of 2017 as the company had to accommodate the UK’s personal injury Ogden discount rate change. 27 April 2017
Insurance
Commercial insurance brokers will need to have evolved into real business advisors for their small and medium-sized (SME) customers by 2027 or face extinction, warns a new report from the Chartered Insurance Institute (CII)’s Insurance Broking Faculty. 27 April 2017
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