News

Insurance

Castel Specialty secures new Lloyd’s binder capacity

Castel Bloodstock, part of Castel Specialty, has secured a new binder with Lloyd’s capacity provided by Canopius Syndicate 4444 and AEGIS Syndicate 1225.   8 March 2018

Insurance

Validus Specialty expands commercial D&O offering

Validus Specialty has expanded its product portfolio with an admitted, private company commercial directors and officers (D&O) policy, while appointing a senior underwriter.   8 March 2018

Insurance

P&C re/insurance M&A expected to accelerate at AIFA

Investors expect the pace of the property/casualty insurance industry consolidation to accelerate, according to Morgan Stanley.   8 March 2018

Insurance

AmTrust taps Talbot trio to boost A&H management at Lloyd's

Property/casualty insurer AmTrust Financial Services has build a new management team to expand its accident & health (A&H) Lloyd’s offering and capabilities across its international operations.   7 March 2018

Insurance

Ironshore unit expands OCIL partnership to underwrite property risks

Ironshore subsidiary and managing general agent (MGA) Iron-Starr Excess Agency has expanded its partnership with Oil Casualty Insurance (OCIL) to underwrite property lines.   7 March 2018

Insurance

Langhorne Holdings appoints COO, Bermuda CEO

Langhorne Holdings has appointed Craig Fowler as CEO of its Bermuda-based underwriting platform Langhorne Reinsurance.   7 March 2018

Insurance

XL deal spooks AXA investors but it should prove “earnings accretive”

Investors were potentially spooked by AXA’s announcement yesterday (March 5) that it will acquire XL Group for $15.3 billion. Its share price fell sharply by around 10 percent as investors worried on a fundamental shift in strategy, according to analysts.   6 March 2018

Insurance

XL deal changes AXA's DNA into that of a P&C player

AXA’s business mix will fundamentally change once its acquisition of XL Group is completed. Property/casualty (P&C) business will represent half its book of business as it diversifies away from being mainly a life & savings insurer.   5 March 2018

Insurance

Asta sells Munich Re-backed MGA Pelican to Manchester Underwriting

Lloyd's third-party managing agent Asta has completed the sale of its managing general agent (MGA) Pelican Underwriting One, which trades as Pelican Underwriting, to specialist MGA Manchester Underwriting Management (MUM).   5 March 2018

Insurance

AmTrust goes private as it seeks to reverse decline

A group of investors is taking AmTrust Financial Services private to create a better environment to fix the problems that have been haunting the New York-based insurer. AmTrust needs to address financial controls as well as pricing and reserve adequacy issues.   2 March 2018

Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.