Sompo’s latest major insurance acquisition Endurance reported operating profit fell by more than half to $55.8mn in the fourth quarter of last year as a number of catastrophes took their toll.
Mike Price, who headed up entertainment and sports broker Esix when it was acquired by Integro in 2015, has been promoted to lead the intermediary's global sports practice
XL Group's chief financial officer Peter Porrino is set to retire as current group controller Stephen Robb prepares to take over, the Bermuda-based carrier announced today.
The insurance arm of Bermudian Validus has hired two US-based cyber underwriters from the excess and surplus lines division of mutual insurance giant Nationwide.
Mergers, acquisitions and capital raises in the mutual insurance market are expected to accelerate over the next three years, according to an analysis from boutique investment bank Stonybrook Capital.
A spate of algae infestations that killed millions of salmon and tuna will see London market underwriters take a share of a $45mn bill, The Insurance Insider understands
