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Acrisure to boost acquisitions war chest with $300mn debt raise
The transaction will swell the company’s total debt level to $4.4bn, according to Moody’s.
Bernard Goyder
,
18 July 2019
FedNat estimates $17mn gross Q2 cat losses
The losses are from 12 hail and wind-related events.
Laura Sanicola
,
18 July 2019
RLI kicks off P&C earnings season with mixed results
The specialty insurer reported increased operating earnings that beat expectations but showed unprofitable accident year underwriting.
Dan Lukpanov
,
17 July 2019
Willis takes Marsh Canada FI trio
Finbow, Kindbom and Brown defect to Willis Towers Watson as the broker expands its Toronto-based financial institutions business.
John Hewitt Jones
,
17 July 2019
Hamilton’s Albo elected deputy ABIR chair
Albo is the first woman to serve as an elected officer of the Bermudian trade body.
Laura Sanicola
,
17 July 2019
Hamilton appoints chief technology officer
Venkat Krishnamoorthy will take on the newly created role on 5 August.
Anna Sagar
,
17 July 2019
Invesco discloses Hiscox sell-down ahead of H1 results
The fund manager revealed it has cut its stake to less than 5 percent stake in a disclosure following the carrier’s profit warning.
Samuel Casey
,
17 July 2019
AGCS hires Smithson as new leader for South America
The executive will head up the unit following Angelo Colombo’s departure to Swiss Re.
Samuel Casey
,
17 July 2019
Allied World CEO Carmilani moves to Fairfax role
The long-time chief is replaced by Allied World president Lou Iglesias.
Rachel Dalton
,
17 July 2019
Activist Elliott builds stake in UK insurer and travel services group Saga
Paul Singer’s hedge fund struck after its target’s share price collapsed by almost 80 percent from its 2014 IPO value.
Laura Board
,
17 July 2019
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