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GIC unveils global expansion plans
General Insurance Corporation of India (GIC) is devising an aggressive expansion plan to develop a bigger international presence fuelled by rapid growth in its home market and its forthcoming IPO
Bernard Goyder
,
11 August 2017
Aon Benfield set to gain from Heritage-Narragansett deal
Heritage is set to hand its entire combined reinsurance placement to Aon Benfield after it closes its acquisition of Northeast US carrier Narragansett Bay, The Insurance Insider can reveal
David Bull
,
11 August 2017
Choppen moves to Alesco as hiring spree continues
Specialist broker Alesco Risk Management Services has made its fifth energy appointment this month after recruiting Bob Choppen, a deputy managing director of energy at Willis Towers Watson
Bernard Goyder
,
11 August 2017
JLT Specialty USA recruits O’Brien to construction venture
JLT Specialty USA has hired Aon construction broker Andy O'Brien as a partner, as the group works to integrate its joint venture with Construction Risk Partners into its US operation.
Bernard Goyder
,
11 August 2017
Sabre leans towards IPO as sale talks stall
Specialist motor insurer Sabre is gearing up for an IPO after its auction process failed to attract the valuations its private equity owners were targeting, The Insurance Insider can reveal.
Adam McNestrie
,
11 August 2017
Opinion: A grip on cat
US property cat carriers could be forgiven for wondering if their lot will ever improve as margins continue to feel the squeeze of a pervasive soft market
David Bull
,
11 August 2017
QBE hires Kurinsky as Malaysia CEO
Australian carrier QBE has appointed Chris Kurinsky as CEO of its Malaysian subsidiary, QBE Insurance (Malaysia) Berhad.
Bernard Goyder
,
11 August 2017
NatGen’s Karfunkel faces Senate queries on Wells Fargo
National General CEO Barry Karfunkel faces a grilling from a bipartisan group of US senators who want some answers on how the carrier contributed to Wells Fargo’s collateral protection insurance scandal in which over half a million borrowers were charged for auto cover they did not need.
Ted Bunker
,
11 August 2017
Heritage plunges as investors digest Narragansett deal
Heritage shares fell 15 percent in New York trading today just days after the Floridian homeowners specialist announced a $250mn deal to buy Narragansett Bay.
Dan Ascher
,
11 August 2017
Maiden and AmTrust slide extends to second day
Maiden Holdings and AmTrust shares fell for a second day in New York trading as the market continued to absorb the sister companies’ second quarter results, released late Tuesday.
Ted Bunker
,
10 August 2017
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