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Risk Strategies continues build-out with Brightstone deal

Private equity-backed US broker Risk Strategies has continued its run of acquisitions with an agreement to buy Brightstone Insurance Services.

Charlie Thomas, 25 May 2017
OneBeacon CEO set for windfall under Intact

The CEO of specialty insurer OneBeacon is set for a generous payout from Canadian insurer Intact Financial provided he stays on under the new owner

Bernard Goyder, 25 May 2017
AGCS promotes Hansen to aviation head

Allianz Global Corporate & Specialty (AGCS) has named Mike Hansen as its new global head of aviation business, the company announced today

Matthew Neill, 25 May 2017
Willis Re’s Geffen heads for the exit

Willis Re executive James Geffen is set to leave the reinsurance broking giant, The Insurance Insider can reveal.

Adam McNestrie, 25 May 2017
QBE appoints group CFO

QBE Group has named Michael Ford as its new chief financial officer (CFO) to replace Pat Regan, who had held the position an interim basis

Matthew Neill, 25 May 2017
ProAssurance extends Dale Underwriting capacity to 2022

Asta-managed Lloyd's syndicate Dale Underwriting Partners has secured a commitment from its key capital backer ProAssurance to extend its $200mn capacity through to the 2022 year of account (YoA)

Matthew Neill, 25 May 2017
Liberty Mutual names CUO for national specialty energy

Liberty Mutual has appointed Jessica Dekermanji as senior vice president and chief underwriting officer of its national insurance specialty energy unit, the carrier announced yesterday.

Bernard Goyder, 25 May 2017
XL Catlin promotes McAdams to marine CUO

XL Catlin has promoted its UK and Ireland marine leader Rob McAdams to the role of chief underwriting officer for global marine.

Bernard Goyder, 25 May 2017
Towergate and Price Forbes owners in $1bn debt raising

The new holding company of insurance brokers Towergate, Price Forbes, Ryan Direct Group, Chase Templeton and Autonet is tapping the corporate bond market for £800mn ($1.04bn).

Bernard Goyder, 25 May 2017
Trump’s crop insurance subsidy cut ignites criticism

Farmers and crop insurers came out swinging against a proposed 36 percent cut in federal crop insurance subsidies under President Donald Trump’s first spending plan, sent to Congress on Monday.

Ted Bunker, 25 May 2017

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