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Maiden drops 8.7% as details of Enstar ADC emerge in SEC filing
Maiden shares drop after a $25mn ADC deal with Enstar is publicly disclosed.
Ted Bunker
,
06 September 2018
Recent cats are not expected to rattle reinsurance market: S&P
Reinsurer exposure to third quarter cats should be limited, S&P Global Ratings said.
Marissa Page
,
06 September 2018
State Farm agrees to pay $250mn to end long-running fraud case
The insurer has capped two decades of litigating on fraud claims and a $1bn ruling.
Laura Sanicola
,
06 September 2018
Gordon’s insured loss put at $125mn by Karen Clark & Co
The storm failed to become a hurricane and quickly dissipated after landfall.
Ted Bunker
,
06 September 2018
Aon creates public private enterprise reinsurance division
The new operation will focus on helping governments and large public enterprises to bridge insurable protection gaps.
John Hewitt Jones
,
05 September 2018
Gallagher food & ag unit taps Kluting as national recall director
Kluting will manage product recall cover and assist clients with food safety risks.
Marissa Page
,
05 September 2018
Brown & Brown unit buys assets of auto-related warranties provider
F&I has annual revenue of about $10.5mn.
Laura Sanicola
,
05 September 2018
Insurance Development Forum names first secretary general
Ekhosuehi Iyahen joins the (re)insurance industry partnership from African Risk Capacity.
John Hewitt Jones
,
05 September 2018
JLT hires Aon’s Mavani for capital solutions role
Aon corporate solutions director Vijay Mavani will start at JLT in 2019 as a partner in capital solutions.
Lucy Jones
,
05 September 2018
Catalina installs New York M&A director to chase US deals
Parri Spector has previously advised Catalina on various US transactions.
Laura Board
,
05 September 2018
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