Broker-sourced specialty property and casualty insurance coverage provider Ironshore has completed acquisition of a managing general underwriter, Excess Risk Reinsurance (ERR), for an undisclosed amount. As part of the acquisition, ERR ...
Argo Group International Holdings, a Bermuda-based underwriter of specialty insurance and reinsurance products, has established the first sidecar for the 2013 accident year. Named Harambee Re 2013-1, the newly set up sidecar, will support ...
Tags: Argo Group, insurance products, reinsurance products, insurance
Brown & Brown of Kentucky, a wholly-owned subsidiary of Brown & Brown, has completed acquisition of certain assets of Gilbert RV Insurance. Gilbert RV Insurance, which possesses combined annual revenues of $2.4m, will function as a branch ...
Tags: Kentucky, acquisition, Gilbert RV Insurance, insurance
Alterra Capital Holdings, a provider of insurance and reinsurance products, has increased its total capital committed to New Point V Limited to $247m. The sidecar vehicle was established by the company in June 2012 with a capital of ...
Tags: insurance and reinsurance products, sidecar vehicle, additional capacity
New York subsidiary of insurance broker Brown & Brown has inked an agreement to buy certain assets of Rowlands & Barranca Agency (RBA), for an undisclosed sum. The acquired entity delivers various employee benefits brokerage and ...
London based Specialty Lines broker R K Harrison Insurance Brokers and Chile's Conosur Corredores de Seguros Y Reaseguros (Conosur) have inked an agreement to collaborate on all new insurance and reinsurance business that emerge from Chile. ...
Tags: R K Harrison Insurance, Conosur, international insurance markets
ArgoGlobal SE,a subsidiary of Argo Group International Holdings has received approval from Spain and France regulators to carry out underwriting businesses through their branches. ArgoGlobal SE will now provide primary and excess ...
A subsidiary of US insurance and reinsurance provider Brown & Brown has purchased certain assets of Johnson & Strachan, Inc (JSI), for an undisclosed sum. Established in 1973 and having $2.7m in annual revenues, JSI offers a number of ...
White Mountains Solutions Holding Company has signed a definitive agreement for acquisition of a runoff subsidiary of US insurer, American International Group (AIG). As part of the agreement, White Mountains will acquire American Fuji ...
Brown & Brown of Florida has purchased certain assets of Behnke & Associates, a personal lines property and casualty insurance provider, for an undisclosed sum. Under terms of the agreement, Behnke & Associates' Hollywood office will join ...
Tags: property and casualty insurance provider, various insurance
Brown & Brown has reported that its total revenue for the second quarter of 2012 stood at $290m up by 18% from the revenue of $246m earned during the same quarter period last year. Net income for the second quarter of current fiscal was ...
Tags: Brown&Brown, total revenue, increase
Alterra Capital Holdings has named Nicholas Conca as the new chief claims officer for insurance, to ensure consistent level of claims service to its insurance policyholders worldwide. With over 20 years of experience in the insurance ...
Tags: Alterra Capital Holdings, Nicholas Conca, insurance officer
Munich American Reassurance Company (MARC), a subsidiary of Munich Re has announced a significant enhancement to EDGE, its web-based life underwriting manual for assessing mortality risks. According to the company, the enhancement offers ...
Tags: Munich American Reassurance Company, mortality risk, life insurance
Alterra America Insurance Company, a wholly-owned subsidiary of Alterra Capital Holdings, has signed an agreement with Ullico Casualty Group (UCG), to venture into the US multiemployer and governmental fiduciary liability and union ...
Specialty insurance and reinsurance products provider Argo Group International Holdings has appointed Jason Dsouza as casualty and professional lines underwriter for Argo Re (DIFC). Based in Dubai, Dsouza will report to Argo Re's (DIFC) ...
Tags: insurance, reinsurance, insurance product, insurance service