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Greenlight Re back to black in Q3

Hedge fund reinsurer Greenlight Re returned to profit in the third quarter with net income of $30mn.

Dan Ascher, 08 November 2016
JLT boosts US specialty investment

UK-headquartered broker JLT intends to spend £6mn ($7.5mn) more on investment for its US specialty business build out this year than in 2015, according to its latest interim management statement.

Matthew Neill, 08 November 2016
Lancashire’s Maloney to put cash behind Cathedral

Lancashire CEO Alex Maloney is considering buying out a Lloyd's corporate member, putting his own money down in support of the underwriting of the carrier's Lloyd's arm Cathedral.

Ted Bunker, 07 November 2016
Sompo Canopius to continue writing UK motor

Canopius Managing Agents Limited (CMAL) has announced that Sompo Canopius's Syndicate 4444 will continue to write UK motor business

Charlie Thomas, 07 November 2016
Clark takes Am Re non-exec role

Boutique energy and marine specialist Am Re has appointed former Willis Re deputy chairman Chris Clark as non-executive chairman, the Lloyd's coverholder has announced.

Dan Ascher, 07 November 2016
Madison Dearborn completes Towergate buy-in

Private equity house Madison Dearborn has completed its tender offer for shares in UK broking group Towergate, making it the company's second largest shareholder.

Charlie Thomas, 07 November 2016
Hiscox raises Syndicate 6104 forecasts

Hiscox has upgraded its forecast for Syndicate 6104 on the 2014 and 2015 years of account

Catrin Shi, 07 November 2016
AmTrust completes ANV deal for $203mn

AmTrust has completed the acquisition of ANV and its affiliates from Ontario Teachers' Pension Plan for approximately $203mn in cash, it announced today.

Charlie Thomas, 07 November 2016
RFIB hires southeast Asia marine cargo team

Lloyd's broker RFIB has entered the southeast Asia marine cargo market with the appointments of Paul Leith-Smith, Giles Penfold and Will Hawkins from Ed (formerly Cooper Gay)

Catrin Shi, 07 November 2016
R&Q seals run-off deal for Irish solicitors’ fund

Randall & Quilter (R&Q) has entered into a legacy arrangement with the Law Society of Ireland in relation to the run-off obligations of the Solicitors Mutual Defence Fund (SMDF).

Catrin Shi, 07 November 2016

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