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Carlyle’s Sedgwick purchase may lack the glamour of an Axa-XL but it highlights how fast the TPA sector is consolidating
While the TPA sector is contracting, it is far from disappearing; Sedgwick is the leading TPA, handling more than 3.6 million claims annually.
Tony Baldo
,
14 September 2018
Florence makes landfall at Wrightsville Beach
The National Hurricane Center predicts catastrophic freshwater flooding from the Category 1 hurricane.
Bernard Goyder
,
14 September 2018
Fidelis Bermuda CEO and group CUO Savill departs
Richard Brindle will become group CUO, while Hinal Patel takes the helm in Bermuda.
John Hewitt Jones
,
14 September 2018
Liberty recruits Edwards to run specialty binder book
He leaves AGCS after almost 10 years at the insurer.
Bernard Goyder
,
14 September 2018
Offshore (re)insurers grapple with still unwritten PFIC rules
A lack of clarity threatens to tip some carriers into PFIC status and clip investors.
Ted Bunker
,
14 September 2018
The Hanover mulls cover for contingent part of Chaucer price
The US carrier says buybacks will be a ‘meaningful component’ of its strategy as it rules out major M&A.
Laura Board
,
14 September 2018
Canopius trade credit head Clark departs amid revamp
The executive joined from AIG a little over a year ago.
Bernard Goyder
,
14 September 2018
Record-busting Mangkhut to hammer Philippines
The strongest storm ever recorded is set to make landfall as a Category 5 tomorrow.
Bernard Goyder
,
14 September 2018
Florence bears down on North Carolina
CoreLogic predicts up to $5bn in wind and storm-surged insured losses.
Bernard Goyder
,
14 September 2018
China Re’s acquisition of Chaucer will be a case study for other Chinese acquirers with an eye on the Lloyd’s market
Market observers may well look back on the China Re-Chaucer acquisition as a turning point for the involvement of Asian money in Lloyd’s.
Catrin Shi
,
14 September 2018
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