Navigators has promoted Patrick Milner to become president of its NavTech unit, which underwrites upstream and downstream energy as well as a host of other technical risks.
Heritage shares fell 15 percent in New York trading today just days after the Floridian homeowners specialist announced a $250mn deal to buy Narragansett Bay.
AmTrust has been spared a second quarter underwriting loss after adjusting for the retroactive reinsurance deal struck with Arch’s Premia Re last month.
Just over a fifth of companies entering into merger or acquisition talks sought representations and warranties - otherwise known as M&A - insurance for the deal, according to a new study.
Shares in Florida homeowners' specialist Federated National gained 7.9percent in New York trading today after the carrier beat earnings forecasts to deliver a $4.9mn second quarter profit
