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Trio exits Sirius International property D&F team

Sirius International has terminated the contracts of three of its property direct and facultative (D&F) underwriters due to "fundamental differences" within the team, The Insurance Insider understands.

Catrin Shi, 03 March 2017
JC Flowers buys major MGA UK General

Private equity house JC Flowers has agreed to acquire Primary Group's personal lines managing general agency (MGA) UK General Insurance after a sale process that lasted almost two years

Bernard Goyder, 03 March 2017
Dale Underwriting posts profit in first YoA

Asta-managed Dale Underwriting Partners Syndicate 1729 has posted a profit of £450,000 ($550,143) in the operation's first year of account (YoA)

Matthew Neill, 03 March 2017
Bufkin leaving Hamilton amid US realignment

Barbara Bufkin has become the latest of Hamilton USA's start-up management team to leave the insurer as it continues to reposition itself under new CEO Seraina Macia, The Insurance Insider can reveal

David Bull, 03 March 2017
Opinion: Tom Jeffs incident

Ultimately, it seems that little tangible harm has been done by the Tom Jeffs affair

Adam McNestrie, 03 March 2017
Darag CEO Gossmann resigns

European run-off specialist Darag said CEO Arndt Gossmann has stepped down from his position after eight years.

Matthew Neill, 03 March 2017
US regulator considers non-bank Sifi release: Reuters

The US Financial Stability Oversight Council (FSOC) has reportedly reviewed the designation of systemically important financial institution (Sifi) for an unidentified non-bank firm, which could have positive repercussions for AIG.

Matthew Neill, 03 March 2017
Bermuda plans tax and fee hikes with a wary eye on US

A tax reform proposal from Bermuda Finance Minister Bob Richards calls for a 2.5 percent levy on local non-health insurers, along with increases in other areas such as customs duties and permit fees applied to some international financial firms.

Ted Bunker, 03 March 2017
CNA ex-Europe boss takes global distribution role

A former head of CNA’s European operations, John Hennessy, is set to take over sales and distribution for the Chicago-based carrier, The Insurance Insider can reveal.

Dan Ascher, 02 March 2017
Brown & Brown wins $20mn to end Assured poaching case

A poaching dispute between Florida-based broker AssuredPartners and national intermediary Brown & Brown has ended in a $20mn settlement, closing another round of litigation between the two firms.

Dan Ascher, 02 March 2017

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