topa 2

Altamont in exclusive talks to buy Topa

2019-02-15T22:45:00+00:00

Topa Insurance Group has entered into exclusive talks with potential buyer Altamont Capital as the Californian carrier moves closer to a sale, The Insurer can reveal.

Sirius-New-York

AM Best says Sirius rating unaffected by parent’s reported liquidity problems

2019-02-15T18:47:00+00:00

The rating of New York-listed Bermudian (re)insurer Sirius has been left unchanged by AM Best, despite a reported missed bond payment and liquidity issues at its ultimate parent, China Minsheng Investment Group (CMIG).

hailstorm image

Suncorp to buy additional A$200mn natural perils cover

2019-02-15T18:26:00+00:00

Suncop will buy an additional A$200mn ($143mn) in natural perils reinsurance cover at its 1 July 2019 renewal as it looks for further protection around its main cat and aggregate structures after blowing its budget for losses.

BRO cheetah

Brown & Brown buys real estate broker Pipino

2019-02-16T02:39:00+00:00

Acquisitive US broker Brown & Brown has bought certain assets of retail broker Donald P Pipino Company (DPC).

Michael Watson Canopius

AmTrust to become “significant minority” Canopius shareholder

2019-02-15T15:39:00+00:00

AmTrust will become a “significant minority” shareholder in the PE-backed Lloyd’s insurer Canopius if it completes the sale of its Lloyd’s arm.

Sirius-New-York

AM Best says Sirius rating unaffected by parent’s reported liquidity problems

2019-02-15T18:47:00+00:00

The rating of New York-listed Bermudian (re)insurer Sirius has been left unchanged by AM Best, despite a reported missed bond payment and liquidity issues at its ultimate parent, China Minsheng Investment Group (CMIG).

hailstorm image

Suncorp to buy additional A$200mn natural perils cover

2019-02-15T18:26:00+00:00

Suncop will buy an additional A$200mn ($143mn) in natural perils reinsurance cover at its 1 July 2019 renewal as it looks for further protection around its main cat and aggregate structures after blowing its budget for losses.

BRO cheetah

Brown & Brown buys real estate broker Pipino

2019-02-16T02:39:00+00:00

Acquisitive US broker Brown & Brown has bought certain assets of retail broker Donald P Pipino Company (DPC).

Michael Watson Canopius

AmTrust to become “significant minority” Canopius shareholder

2019-02-15T15:39:00+00:00

AmTrust will become a “significant minority” shareholder in the PE-backed Lloyd’s insurer Canopius if it completes the sale of its Lloyd’s arm.



AM Best

ILS scepticism growing as 20% of third-party capital remains trapped: AM Best

ILS fund managers are for the first time struggling to attract new investors and retain existing ones. A new AM Best reinsurance report reveals 20 percent of the 2018 total third-party capital is trapped in the funds, which is making third-party investors sceptical about the market.

John Howard

Analysis: BB&T sees insurance growth opportunities with SunTrust deal

BB&T’s proposed merger of equals with SunTrust is being billed by the bank as a significant growth opportunity for its $1.96bn revenue retail and wholesale brokerage operations.

russellgrouproundtable_edited

Roundtable: ‘Seismic change’ needed in sector attitude to risk

Senior industry executives gathered at a roundtable earlier this month to discuss how the (re)insurance market can best respond to the growth of unknown exposure within portfolios, who’s role it is to spearhead new product development and the challenges and opportunities this task offers.

AM Best

ILS scepticism growing as 20% of third-party capital remains trapped: AM Best

ILS fund managers are for the first time struggling to attract new investors and retain existing ones. A new AM Best reinsurance report reveals 20 percent of the 2018 total third-party capital is trapped in the funds, which is making third-party investors sceptical about the market.

John Howard

Analysis: BB&T sees insurance growth opportunities with SunTrust deal

BB&T’s proposed merger of equals with SunTrust is being billed by the bank as a significant growth opportunity for its $1.96bn revenue retail and wholesale brokerage operations.

russellgrouproundtable_edited

Roundtable: ‘Seismic change’ needed in sector attitude to risk

Senior industry executives gathered at a roundtable earlier this month to discuss how the (re)insurance market can best respond to the growth of unknown exposure within portfolios, who’s role it is to spearhead new product development and the challenges and opportunities this task offers.



Pool Re Mind the Gap

What lessons can we learn from Pool Re on closing the protection gap?

Earlier today, the UK government announced that Royal Assent* had been granted to the Counter-Terrorism and Border Security Bill 2018.

BB&T insurance adjusted

BB&T to switch on insurance growth button

As the last of the major US brokerage operations with bank ownership – and one of the few that balances significant retail and wholesale platforms – BB&T Insurance has long been the subject of speculation over its parent’s commitment to maintaining a presence in the insurance sector.

Lloyds buidling landscape

Lloyd’s M&A: ERS and Neon will be the litmus test for PE appetite

Despite the proposed £400mn+ sale of Liberty Group’s Pembroke Managing Agency entering into exclusivity, a number of other Lime Street sale processes have recently faltered amidst buyer caution, a brutal 2019 business plan exercise and mismatches on valuation.

Pool Re Mind the Gap

What lessons can we learn from Pool Re on closing the protection gap?

Earlier today, the UK government announced that Royal Assent* had been granted to the Counter-Terrorism and Border Security Bill 2018.

BB&T insurance adjusted

BB&T to switch on insurance growth button

As the last of the major US brokerage operations with bank ownership – and one of the few that balances significant retail and wholesale platforms – BB&T Insurance has long been the subject of speculation over its parent’s commitment to maintaining a presence in the insurance sector.

Lloyds buidling landscape

Lloyd’s M&A: ERS and Neon will be the litmus test for PE appetite

Despite the proposed £400mn+ sale of Liberty Group’s Pembroke Managing Agency entering into exclusivity, a number of other Lime Street sale processes have recently faltered amidst buyer caution, a brutal 2019 business plan exercise and mismatches on valuation.