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R&Q splashes out on run-off acquisition
Legacy-to-live carrier Randall & Quilter (R&Q) has completed the acquisition of United States Sports Insurance Company (USSIC), a wholly owned captive insurer of USA Swimming, for $2.1mn, it announced today.
Winifred Okocha
,
23 September 2016
Arch launches share offering
Bermudian carrier Arch has announced a public share offering of 18 million shares valued at around $450mn.
Matthew Neill
,
23 September 2016
The Hanover names new CFO
The Hanover has appointed AIG's Jeffrey Farber as executive vice president and chief financial officer.
Catrin Shi
,
23 September 2016
500mn Yahoo accounts hit by ‘state-sponsored’ hack
US technology firm Yahoo has suffered a cyber-attack that led to the details of at least 500 million user accounts being leaked.
Catrin Shi
,
23 September 2016
Aspen takes on Liberty Specialty regional P&C business
Aspen Insurance's regional UK P&C business and Liberty Specialty Markets (LSM) have entered into a renewal rights agreement, with effect from 1 November.
Catrin Shi
,
23 September 2016
Fry to leave Novae
Lloyd's carrier Novae's chief financial officer (CFO) Charlie Fry will leave the company from 31 October and has stepped down from the board with immediate effect.
Matthew Neill
,
23 September 2016
Fuhrman leaves CRC for Burns & Wilcox
Marc Fuhrman has left wholesale broker CRC Insurance Services to join HW Kaufman Financial Group and its Burns & Wilcox broking platform.
David Bull
,
23 September 2016
Expansive Rockhill to rebuild E&S property platform with Upton hire
Rockhill Insurance Group is set to rebuild its E&S property platform offering to wholesale brokers after luring Tracy Upton from Everest National.
David Bull
,
23 September 2016
Profits drop by more than a third at Price Forbes
Independent broker Price Forbes reported a 36.1 percent drop in operating profits to £4.7mn ($6.0mn) for the year ended 31 December 2015.
Winifred Okocha
,
22 September 2016
Aspen takes on Liberty Specialty regional P&C business
Aspen Insurance’s regional UK P&C business and Liberty Specialty Markets have entered into a renewal rights agreement, effective 1 November.
Catrin Shi
,
22 September 2016
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