Sirius has acquired another accident and health (A&H) managing general underwriter – the second in as many months – marking a concerted push into the space by the carrier.
Zurich has brought its North American specialty products business together with its commercial insurance unit to fall under the control of Paul Horgan.
Family members of AmTrust's founders have injected $300mn into the company through a private share offering just weeks after speculation that the insurer would require hundreds of millions of dollars to bolster reserves.
AM Best gave new AIG CEO Brian Duperreault a nod of approval today as it ended a credit review that began with negative implications following a surprise charge against earnings under former leader Peter Hancock.
