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Darag secures EUR260mn buy-in from PE consortium
The investment will provide additional firepower for Darag to pursue new run-off acquisitions.
Adam McNestrie
,
30 July 2018
Hiscox shares rise on H1 earnings beat
The carrier's $163.6mn in first-half pre-tax profits outstripped a consensus estimate of $152mn.
John Hewitt Jones
,
30 July 2018
RSG to acquire assets of Arc specialty division
The acquisition will bolster the buyer's business in areas including New York construction.
Matt Neill
,
30 July 2018
Validus falls to a Q2 loss to end life as a standalone carrier
The (re)insurer acquired by AIG last week posted a $32.9mn loss for the quarter.
Ted Bunker
,
28 July 2018
Fannie Mae completes CIRT deals to cover $22bn in loans
The two transactions will require the mortgage financing firm to retain the first 60 bps of loss.
Laura Sanicola
,
28 July 2018
PURE promotes Galante and Holden to senior roles
The high-net-worth specialist has promoted Galante to president of field operations.
Laura Sanicola
,
28 July 2018
NFL player to collect $3mn on Lloyd’s policy: ESPN
Chance Warmack’s loss-of-value policy was triggered by his low Philadelphia contract.
Anthony Baldo
,
28 July 2018
The Hartford’s eye on M&A deflates hopes for new share buybacks
Shares drop after CEO Chris Swift indicates excess capital will go to deals first.
Ted Bunker
,
28 July 2018
Michigan State sues insurers over non-payment in Nassar sex abuse case
The college alleges that 13 carriers are in breach of contract for not covering costs, including a $500mn settlement.
John Hewitt Jones
,
27 July 2018
PartnerRe’s non-life profits plunge 40%
Specialty profits have suffered despite writing significantly more business.
Rachel Dalton
,
27 July 2018
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