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Argo confirms $235mn Ariel takeover

US specialty carrier Argo has confirmed its acquisition of Lloyd's (re)insurer Ariel Re for a cash consideration of approximately $235mn

Matthew Neill, 14 November 2016
Denzer joins TigerRisk as partner

Patrick Denzer, former chairman of the Americas at Guy Carpenter, has joined TigerRisk as a partner, the broker announced today.

Charlie Thomas, 14 November 2016
Map Capital offers £33mn capacity in auction 3

Corporate member Map Capital Ltd, which supports Syndicate 2791, has tendered £33.3mn ($42.0mn) of capacity in the venture at a price of 45p per pound in the third round of Lloyd's capacity auctions

Matthew Neill, 14 November 2016
Brit launches $50mn diamond processing consortium

Brit has launched a Lloyd's consortium for diamond processing risks, offering capacity of up to $50mn, it announced today.

Catrin Shi, 14 November 2016
Argo to acquire 100% of Ariel

Bermudian Argo is on the verge of striking a deal to acquire 100 percent of Ariel as the long-running M&A saga surrounding the Lloyd's (re)insurer takes yet another turn, The Insurance Insider can reveal

Adam McNestrie, 14 November 2016
Kaikoura cut off by 7.5 magnitude NZ quake

Two people have been reported dead after a magnitude 7.5 earthquake struck the North Canterbury region of New Zealand's South Island in the early hours of Monday morning local time

Fiona Robertson, 14 November 2016
Hellman and energy team resurface at Thomas Miller

Dual's former global head of marine and energy Bernt Hellman and his team of six have joined Thomas Miller Specialty, The Insurance Insider can reveal.

Adam McNestrie, 14 November 2016
Marsh acquires UK broker Bluefin

Global intermediary Marsh has acquired Axa UK broker network Bluefin Insurance Group for £295mn ($368.81mn), the company announced today.

Matthew Neill, 14 November 2016
Hull drives The Standard Syndicate 2015 loss deterioration

The Standard Syndicate 1884 has reported a significant deterioration in the underwriting loss forecast for its maiden 2015 year of account.

David Bull, 12 November 2016
Watsa tips bullish stance on US equities under Trump

Fairfax Financial Holdings sharply reduced hedges on its equity investments this week, citing a newly bullish outlook for US markets following the election of Republican Donald Trump as president.

Ted Bunker, 12 November 2016

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