California Wildfires, Hurricane Michael Top List of 2018’s Costliest Natural Disasters: Munich Re January 8, 2019 By L.S. Howard The costliest natural catastrophes occurred in the United States in 2018 with one of California’s devastating wildfires and Hurricane Michael...
Arthur J. Gallagher & Co. Acquires Canadian Broker Jones Brown January 8, 2019 Arthur J. Gallagher & Co. announced the acquisition of Canadian insurance broker Jones Brown Inc. and its subsidiaries. Terms of...
Cargo Ship Sinks in Rough Seas off Coast of Turkey; 2 Crew Members Killed January 8, 2019 At least two crew members were killed on Monday after a cargo ship sank in rough seas off Turkey’s Black...
Dubai International Financial Centre Plans Massive Expansion Project January 8, 2019 By Matthew Martin Dubai plans to triple the size of its financial district, adding an area almost the size of London’s Canary Wharf,...
Everest Re Group CEO Addesso to Retire at End of 2019 January 8, 2019 The Board of Directors of Everest Re Group Ltd. has been informed by its President and Chief Executive Officer Dominic...
Neon Sponsors 2nd ILS Transaction via UK Transformer Vehicle NCM Re January 8, 2019 Neon announced it successfully has raised third party capital to support its second insurance linked securities (ILS) transaction through its...
R&Q’s EU Program Manager, Accredited, Forms Partnership with UK MGA Kitsune January 8, 2019 Randall & Quilter Investment Holdings Ltd. announced that its wholly owned European subsidiary Accredited Insurance (Europe) Ltd. has signed a...
Brit Makes ‘Significant’ Investment in Toronto-Based MGU Sutton Special Risk January 8, 2019 Brit Ltd., the London-based specialty insurer and reinsurer, announced it has made a significant strategic investment in Sutton Special Risk...
The Co-Operators Offers Storm Surge Cover for Homeowners Across Canada January 7, 2019 Montreal-based Co-operators is offering storm surge insurance for homeowners in Quebec and Manitoba, which completes the company’s product rollout to...
Hamilton Underwriting Taps Vetch from W.R. Berkley as CFO, Replacing Barrett January 7, 2019 Hamilton Underwriting Ltd., the managing agency of Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, announced that Robert...