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FedNat strikes agreement with activist investor Capital Returns
As part of the deal, the Floridian carrier will add two new board directors and hold an annual shareholder meeting on 17 October.
Rachel Dalton
,
August 12, 2019
Lockton hires Aon’s Barber to head international healthcare
William Barber was Aon’s healthcare practice leader for more than four years, and was with the broker for over a decade.
Anna Sagar
,
August 12, 2019
Swiss Re Corporate Solutions exits cargo but remains in hull
The pullback is one of several lines to be trimmed as the carrier cuts $900mn of premiums from its portfolio.
John Hewitt Jones
,
August 12, 2019
TransRe paid $7.5mn for Maiden renewal rights
Maiden sold the $800mn diversified reinsurance book to TransRe in August last year.
Rachel Dalton
,
August 12, 2019
Auto: The "overshoot" risk begins
Headline results at auto insurers remain strong. Even so, as the market shifts to a more pro-growth stance, the risk of overshooting on price competition always increases.
IPC Research
,
August 12, 2019
Maiden says capital shortfall cured with Enstar deal
Bermudian reinsurer Maiden Holdings reported a loss of $22mn in Q2
Bernard Goyder
,
August 09, 2019
Sompo International Q1 earnings rise 16% on investment income
Reserve strengthening for prior-year catastrophes lifts the overall loss ratio, while specialty line earnings improve.
Samuel Casey
,
August 09, 2019
ProSight debuts with underwriting profit in Q2
The Morristown, New Jersey-based specialty carrier posted a combined ratio of 98.1 percent.
Laura Sanicola
,
August 08, 2019
Argo board approves changes to executive pay policy
The proposals follow a bitter proxy battle with Voce Capital centering on expenses and corporate governance.
Bernard Goyder
,
August 08, 2019
China Minsheng ownership limits ‘financial flexibility’: Sirius CEO
An M&A deal is seen as a way Sirius can reduce its concerns surrounding its financially troubled parent.
Bernard Goyder
,
August 08, 2019
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