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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
Spacecom expects $196mn insurance payout

The marine cargo market is set to pay out $196mn to reimburse Spacecom for a satellite destroyed on the launchpad at Cape Canaveral, Florida, in September

Ted Bunker, 07 November 2016
Bennison joins Tokio Millennium Re board

Richard Bennison, chairman of Tokio Marine Kiln Syndicates and Tokio Marine Kiln Insurance, has joined the board of the company's reinsurance arm Tokio Millennium Re.

Matthew Neill, 07 November 2016
Lloyd’s granted Indian branch approval

Lloyd's will establish an Indian branch in 2017 after securing R1 approval from the Insurance Regulatory and Development Authority of India (Irdai)

Catrin Shi, 07 November 2016
FX gains benefit Hiscox GWP growth

UK-headquartered carrier Hiscox has posted top line growth of 14.3 percent to £1.9bn ($2.38bn) in the first nine months of the year as it benefitted from foreign currency gains.

Matthew Neill, 07 November 2016
Endurance profits double ahead of acquisition

Profits at Endurance more than doubled in the third quarter just a month after the Bermudian agreed to be acquired by big-three Japanese insurer Sompo.

Dan Ascher, 05 November 2016

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