Bermuda-based property and casualty insurance and reinsurance specialty provider Endurance Specialty Holdings has acquired Galileo Weather Risk Management(Galileo)assets. Weather risk management products and services provider,Galileo will ...
Tags: Endurance, Galileo Weather Risk Management, Martin Malinow
PICO Holdings has sold its two insurance company subsidiaries,Ohio-based Physicians Insurance Company and Citation Insurance Company to White Mountains Solutions Holding Company(White Mountains Solutions). The transaction resulted in ...
Tags: PICO, Two Insurance Subsidiaries
Lloyd's of London has accredited Berkley Technology Underwriters as a coverholder to offer its locally accepted insurance coverage to US-based technology clients. Provided through W. R. Berkley Syndicate 1967, under Lloyd's licenses, the ...
Billabong International Limited(Billabong)announces the appointment of Dr Ian Pollard as a director and Chairman Elect of its Board.Dr Pollard will join the Board as Chairman Elect and interim Chair of the Audit Committee on Wednesday,24 ...
Bermuda based Enstar has embarked a definitive agreement with HSBC Finance, pursuant to which the former will acquire all of the shares of Household Life Insurance Company of Delaware and HSBC Insurance Company of Delaware, from Household ...
Tags: Enstar, HSBC, Canadian Life Insurance
W R Berkley has appointed Joseph Sullivan as president of Facultative Resources, succeeding Gerald King, who has been promoted as vice-chairman of Berkley Facultative Reinsurance Services. Sullivan will take charge of the new role with ...
Validus Holdings and Flagstone Reinsurance have inked a deal, in accordance with which the former will acquire all of the issued and outstanding shares of Flagstone in a move to strengthen Validus’ leading property catastrophe ...
Tags: Validus, Flagstone Re, Flagstone Reinsurance
Southport Lane, a private equity firm, has selected Jim McNichols as chief actuarial officer of its reinsurance group, Southport Re. McNichol, in the new role, will support reinsurance, underwriting services and directing quantitative ...
Tags: Southport Lane, chief actuarial officer, reinsurance, insurance
XL Group's reinsurance operations has appointed Tim Fisher as senior vice president & Canadian branch manager. Fisher will report to managing director and head of casualty reinsurance in North America Christopher Buse, and will manage ...
Tags: XL, Tim Fisher, branch manager
Italy-based Generali is contemplating to dispose its US life reinsurance business, thus paving a way to exit from US underwriting market. Italian largest insurer by annual premiums has appointed Citigroup to counsel it on the proposed ...
Tags: insurance, life reinsurance, reinsurance, increase
Industrial Alliance Insurance and Financial Services have inked a deal to offload by way of indemnity reinsurance and assumption reinsurance, all its US fixed annuities and accumulation riders to Security Benefit Life Insurance and ...
Tags: Industrial Alliance Insurance, Financial Services, indemnity reinsurance
Towers Watson has appointed Keith Harrison as head of (re)insurance brokerage business in the Europe, Middle East and Africa (EMEA) region. Based in London, Harrison joined Towers Watson with the 2002 acquisition of Denis M. Clayton & ...
Tags: Towers Watson, Harrison, EMEA
Catalina Holdings (Bermuda) has agreed to acquire HSBC Holdings' two legacy businesses, HSBC Reinsurance and HSBC Insurance (Ireland). The two businesses ceased to write new business and were placed into run-off in June 2010 and June 2009 ...
Tags: Catalina Holdings, Legacy Businesses, HSBC
American Safety Insurance has bought Bluestone Agency and its Cayman insurance subsidiary, Bluestone Surety for cash, which focuses mainly on transactional commercial surety. As per the financial data released by the underwriter, ...
Tags: American Safety Insurance, Cayman insurance, commercial surety
Life assurance consolidator Phoenix has agreed to transfer a £5bn annuity book to Guardian Financial Services, a private equity-backed competitor. Established by Hugh Osmond, Phoenix is debt-laden known as Pearl to fund the ...
Tags: Phoenix, Annuity Deal, Guardian