II-Socius-AbryPartners-Patrick_Hanley

Abry Partners closing in on deal for wholesaler Socius

2021-04-19T21:07:00+01:00

Private equity firm Abry Partners is close to sealing a buy-in to California-based US wholesale broker Socius Insurance Services, The Insurer can reveal.

Euclid Transactional

Euclid Transactional makes middle market and tax push with new hires

2021-04-20T03:37:00+01:00

M&A-focused MGA Euclid Transactional has hired Simon Chung business as head of middle market business after a short stint at ASQ Underwriting, with Jeff Lash and Bryce Pressentin also joining as tax underwriters.

Kemper

Kemper estimates $26mn to $29mn of Q1 cat losses

2021-04-20T02:39:00+01:00

Kemper has announced its first quarter 2021 results will include estimated pre-tax catastrophe losses of $26mn to $29mn.

II-BerkleyServicesProfessionals-Jude_Sedliak

Berkley Service Professionals adds Core Specialty’s Sedliak

2021-04-20T02:37:00+01:00

WR Berkley’s Berkley Service Professionals has brought in Jude Sedliak as a vice president of underwriting with the new hire joining after more than five years at StarStone/Core Specialty.

Brian Robb – BHSI

BHSI recruits CNA’s Robb in latest US liability hire

2021-04-19T17:46:00+01:00

Berkshire Hathaway Specialty Insurance (BHSI) has hired CNA’s Brian Robb to lead its cyber, miscellaneous professional liability (MPL) and technology E&O offering in the US.

Q1 catastrophe loss preannouncements

US and Bermudian carriers tally $1.4bn of winter storm claims ahead of earnings season

2021-04-19T14:35:38.86+01:00

US and Bermudian (re)insurers have now disclosed close to $1.4bn of winter storm losses in preannouncements ahead of the first-quarter earnings season, with reinsurers set to face a substantial percentage of losses from the event.

II-Socius-AbryPartners-Patrick_Hanley

Abry Partners closing in on deal for wholesaler Socius

2021-04-19T21:07:00+01:00

Private equity firm Abry Partners is close to sealing a buy-in to California-based US wholesale broker Socius Insurance Services, The Insurer can reveal.

Euclid Transactional

Euclid Transactional makes middle market and tax push with new hires

2021-04-20T03:37:00+01:00

M&A-focused MGA Euclid Transactional has hired Simon Chung business as head of middle market business after a short stint at ASQ Underwriting, with Jeff Lash and Bryce Pressentin also joining as tax underwriters.

Aon, WTW and KBW

KBW: Aon-WTW concessions signal desire to complete partial deal ASAP

2021-04-19T13:57:00+01:00

Reports by this publication about targeted divestments of Willis Towers Watson insurance brokerage business in the US and Bermuda point to Aon’s “very credible” expectations of value creation “at as much of WTW it can buy”, according to KBW analyst Meyer Shields.

AON and WTW

DoJ now intervenes to add further WTW US/Bermuda divestments to close Aon deal

2021-04-19T09:54:00+01:00

The offices of Willis Towers Watson’s Corporate Risk and Broking business in San Francisco and Houston as well as its Bermuda insurance broking arm have been added to the basket of assets set to be divested to get the firm’s acquisition by Aon approved by the US regulator, The Insurer ...

Euclid Transactional

Euclid Transactional makes middle market and tax push with new hires

2021-04-20T03:37:00+01:00

M&A-focused MGA Euclid Transactional has hired Simon Chung business as head of middle market business after a short stint at ASQ Underwriting, with Jeff Lash and Bryce Pressentin also joining as tax underwriters.

RSA Mark Hodges

RSA names ex-Aviva UK CEO Hodges as chair under Intact ownership

2021-03-26T09:17:00+00:00

RSA has announced that Mark Hodges, former CEO of Aviva UK and British Gas, will take on the position of chair following the completion of the carrier’s proposed takeover by Intact Financial Corporation and Tryg A/S.

ThirdPoint Re and Sirius

Malloy to head distribution and run-off at merged SiriusPoint with Govrin as CUO

2021-02-22T14:47:00+00:00

Third Point Re has unveiled a host of executive and senior underwriting roles at SiriusPoint, including the positions taken by its current executives Dan Malloy and David Govrin as well as Sirius executive Monica Cramér Manhem, with the merger of the two companies set to close this week.