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Gallagher could turbo-charge Capsicum's growth and go for fourth. Does it want to?

With a powerful new parent, the reinsurance broker could fill the slot vacated by JLT Re, but it may prefer to remain a boutique.

Adam McNestrie, 14 January 2020
Pioneer in sales talks with Ardonagh, K2 and Nexus

Confirmed lines of business for 2020 have capacity of more than £150mn.

Adam McNestrie, 14 January 2020
HCI Group agrees to buy $69mn GWP Anchor book

The purchase price for the transaction was not disclosed and the arrangement has been described as a “preliminary agreement”.

Bernard Goyder, 14 January 2020
Puerto Rican governor pegs quake losses at $110mn

A 6.4-magnitude earthquake last Tuesday triggered widespread blackouts on the crisis-battered island.

John Hewitt Jones, 14 January 2020
AmTrust sued by former California employee over alleged harassment

The plaintiff is seeking up to $2mn in damages amid claims of a hostile work environment.

John Hewitt Jones, 14 January 2020
War insurers set to pay for plane hull with Iran admission

The roughly $53mn cost of the aircraft’s hull will fall on the carrier’s war policy, sources said.

John Hewitt Jones, 13 January 2020
Demotech warns of possible downgrades for 18 Florida carriers

The agency confirmed on Monday that it would take action imminently on some carriers' ratings.

James Thaler, 13 January 2020
PIB plans for specialty CEO succession

Steve Redgwell, who has worked at Aon and Heath Lambert, will replace Nigel Salisbury after a period during which the two work side by side.

Anna Sagar, 13 January 2020
Beazley closes UK regional marine account

The decision does not affect the carrier’s main London market marine offering.

Samuel Casey, 13 January 2020
BMS names Ceron as Latin America and Caribbean COO

The experienced executive previously worked at Marsh for over 13 years in corporate management roles.

Samuel Casey, 13 January 2020

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