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Secondary Kinsale stock sale prices at $27.50 per share

Kinsale Capital Group reported that a secondary stock offering of more than 3mn shares from funds affiliated with Moelis Capital Partners priced at $27.50 per share, putting the total value of the deal at about $92mn.

Ted Bunker, 02 December 2016
Endurance launches transportation team with Axis hires

Endurance's US insurance operation has raided Axis and Swiss Re for a new E&S underwriting team to write excess casualty for commercial transportation clients.

David Bull, 02 December 2016
Hamilton USA shifts focus under new leadership

Hamilton USA has signaled a shift in its portfolio of business with plans to exit its current program partnerships and position itself to target middle market and larger clients under new CEO Seraina Macia.

David Bull, 02 December 2016
Pure to launch E&S MGU with XL paper

High net worth (HNW) specialist The Pure Group (TPG) is set to launch a managing general underwriting (MGU) to write on the E&S paper of XL subsidiary Indian Harbor Insurance Company, The Insurance Insider can reveal.

David Bull, 02 December 2016
Talbot confirms cyber launch with Mayes hire

Talbot formally welcomed ANV’s Phil Mayes aboard as it expands into the cyber market, confirming The Insurance Insider’s story from May this year about its planned entry into the rapidly expanding space.

Dan Ascher, 02 December 2016
Lord Hunt secures second term as Biba chair

The chairman of the British Insurance Brokers' Association (Biba), Lord David Hunt, is set to continue in the role for a second three-year term, the trade body announced today.

Dan Ascher, 02 December 2016
Liberty Mutual zeroes in on Ironshore deal

Liberty Mutual's takeover talks with Fosun subsidiary Ironshore have reached an advanced stage, with both sides looking to clinch a deal before Christmas, The Insurance Insider can reveal.

Adam McNestrie, 02 December 2016
LMG sets up online portal for premium processing

The London Market Group (LMG) has launched an online portal for electronic premium submission as part of the Target Operating Model (Tom) programme, it announced today.

Catrin Shi, 01 December 2016
Krefta to replace Pinchin at Hiscox Re

Hiscox will reshuffle its reinsurance division leadership next year when Michael Krefta will take over the Bermuda-based leadership role while Jeremy Pinchin returns to the carrier's London base, the company said

Fiona Robertson, 01 December 2016
Chaucer hires treaty class underwriter in Singapore

Chaucer has hired Chee Koon Ong as class underwriter for treaty business in Singapore, it announced today

Catrin Shi, 01 December 2016

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