Hudson Insurance Group, the U.S. Insurance Division of Odyssey Re Holdings Corp. has received approval from the Excess Line Association of New York to write excess line business in the State of New York through Hudson Excess Insurance Co. Hudson …
Ironshore Canada Ltd., a subsidiary of Ironshore International, has increased capacity to $30 million for its specialty casualty lines for 2013. Ironshore Canada Specialty Casualty division offers coverages to protect a range of industry sector risks, including manufacturing, commercial construction, …
Swiss Re announced that its reinsurance business unit is undertaking changes in its organizational set-up of special lines. “Agriculture and Aviation Reinsurance will be no longer under the same roof and will be separated,” the bulletin said. “Kurt Maureder, who …
AIR Worldwide announced that The Navigators Group, Inc., an international commercial property/casualty specialty insurance holding company, has selected AIR’s CLASIC/2™ and CATRADER® catastrophe modeling solutions to manage its global catastrophe risk. Navigators “will leverage AIR’s catastrophe models to assess risk …
Ironshore Inc. has launched a specialty commercial crime product to be offered by its Lloyd’s Pembroke Syndicate 4000, based in London. Offering coverage limits up to GBP 20 million, Ironshore’s commercial crime coverage indemnifies an organization for losses resulting from …
London-based R K Harrison announced that it completed the purchase of four businesses within Gibbs Hartley Cooper (GHC), a part of Marsh UK, on the 31st May. The businesses “comprise all of GHC’s Specie and Cargo practices and most of …
Willis Global, the London headquartered reinsurance, specialties and wholesale arm of Willis Group Holdings, announced a series of what it described as “client-centric measures aimed at significantly growing the $40 billion in premiums Willis places annually through its three core …
UK-based Aqua Underwriting announced the launch of a range of niche commercial combined products exclusively for brokers, building on its success with high net worth (HNW) products in the personal lines market. Aqua said its “first commercial products and schemes …
The UK may be in the midst of a prolonged recession, but Lloyd’s has announced an ambitious new strategy – ‘Vision 25′ – which it hopes will improve the situation, and make London in general and Lloyd’s in particular become …
Chicago-based CNA Financial Corporation and Hardy Underwriting Bermuda Limited announced that they have agreed to terms on a cash acquisition by CNA of all of the common shares of Hardy. “The acquisition is to be implemented by way of a …
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