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R&Q shares rise after H1 profit surge

Randall & Quilter reported that first-half profits rose almost five-fold following legacy acquisitions as it delivered an upbeat forecast for the rest of the year.

Bernard Goyder, 04 September 2017
Opinion: Not the big one

I was speaking to an underwriter at Lloyd's on Friday. An old hand. Veteran of markets soft and hard, who probably wrote his first risk before I was born

Adam McNestrie, 04 September 2017
Irma threatens to make US landfall: JLT Re

Hurricane Irma has a 55 to 60 percent probability of making US landfall and becoming the second major storm to hit the US within little more than two weeks, according analysis of modelling data by JLT Re.

Bernard Goyder, 04 September 2017
Everest Insurance hires Harnett as deputy CUO

Everest Re's insurance division has recruited Mike Harnett from rival Chubb as second in command of underwriting in North America

Dan Ascher, 04 September 2017
Aon investment arm expands with $475mn Townsend deal

Aon’s asset management arm has agreed to buy real estate investment adviser Townsend Group from Colony NorthStar for about $475mn.

Ted Bunker, 02 September 2017
Guarantee begins corrective steps ordered by Florida

Guarantee Insurance, the workers’ compensation carrier controlled by former Patriot National CEO Steve Mariano, has filed a corrective action plan with Florida regulators, the first step in a process that began when the insurer was put under state administrative supervision last month.

Ted Bunker, 02 September 2017
Safepoint and Weston to take 23,500 Citizens policies

Floridian homeowners specialists Safepoint and Weston are set to pick up almost 23,500 policies from Citizens as part of the residual insurer’s depopulation drive.

Dan Ascher, 02 September 2017
Tokio Marine hires CRO from ProSight Specialty

Tokio Marine Kiln has appointed Vivek Syal as its chief risk officer (CRO).

Laura Board, 02 September 2017
Scor given an upgrade to A+ by AM Best

Scor’s financial strength rating (FSR) has been upgraded one step to A+ by AM Best, citing its recent financial performance and its risk management practices.

Ted Bunker, 01 September 2017
Maison and FedNat turn to reinsurers to cover Harvey losses

Maison Insurance Company and Federated National both expect their Hurricane Harvey losses to be absorbed by reinsurers.

Sofia Geraghty, 01 September 2017

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