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QBE restructures reinsurance and ups cat loss budget
The global insurer also announced a $200mn cost-saving programme.
Adam McNestrie
,
11 December 2018
Aspen shareholders approve Apollo takeover
Fewer than 2 percent of votes opposed the takeover of the Bermudian (re)insurer or abstained.
Laura Sanicola
,
11 December 2018
Pure to offer E&S in California after wildfires
The specialty insurer will provider coverage for “high value, high-risk homes".
Marissa Page
,
11 December 2018
Horace Mann buys education insurer NTA for $405mn
The transaction is expected to close in the second quarter of 2019.
Christie Smythe
,
11 December 2018
RFIB hires Stratton to lead specialty business
Kevin Stratton most recently served as global head of accident, life and health at Willis Re.
Marissa Page
,
11 December 2018
Maersk launches direct-to-customer cargo insurance
The shipping giant has launched the product as it uses blockchain to slash (re)insurance costs.
John Hewitt Jones
,
10 December 2018
Blackstone leads $2bn investment into Acrisure
The deal values the broker at over $7bn, up from $2.9bn at the time of a 2016 MBO.
Bernard Goyder
,
10 December 2018
Commercial line pricing uptick continues in Q3: CLIPS
The aggregate reported price change was over 2 percent again in the third quarter.
Marissa Page
,
10 December 2018
PCS forecasts $13.8bn losses from November wildfires
The initial estimate pegs Camp at $9.8bn and Woolsey at $4bn
Sofia Geraghty
,
10 December 2018
Michael losses pushing upper end of estimates
Losses from Hurricane Michael have trended at the top of loss estimates.
Christopher Munro
,
10 December 2018
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