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10, 2015
Booth Joins DUAL as Non-Exec Chairman & Named Hyperion’s Non-Exec Director
Hyperion, the world’s largest employee-owned insurance group, announced today that Clem Booth will join DUAL, its underwriting arm, as non-executive chairman of the board. He will also become a non-executive director on the board of Hyperion. The appointments are subject …
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10, 2015
Assessing First-Half P/C Insurance Results: A.M. Best
The property/casualty insurance industry is likely to post a third consecutive year of underwriting profits, considering its performance in the first half of the year and barring any late year catastrophic losses, according to rating agency A.M. Best. The P/C …
2
10, 2015
Canopius Appoints Turner as Head of Specie
Canopius Group AG today announces the appointment of Philip Turner as head of specie, effective immediately. Turner joins from Marsh where he has led its specie practice for the past 20 years. He will report to Joyce Webb, group head …
2
10, 2015
Confie Acquires Alabama, New York, Florida Brokers
National personal lines insurance broker Confie said it has acquired four insurance brokers with locations in Alabama, western New York and Florida. Confie acquired TS Insurance Group which specializes in non-standard auto insurance, and operates five locations in Montgomery, Abbeville, …
2
10, 2015
Insurance Company Investors Assess Hurricane Joaquin Damage
The hurricane strengthening off the U.S. East Coast is buffeting insurance providers as investors assess the possible damages. Losses began to accelerate as Joaquin grew into a Category 4 hurricane, with top winds increasing to 130 miles (210 kilometers) per hour …
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10, 2015
ACE Enhances ACE Travel Smart for European Business Travel Insurance Buyers
ACE Group has launched two further enhancements to its ACE Travel Smart duty of care proposition for European business travel insurance buyers. The first of the new services is an online dashboard for human resources and risk managers, which enables …
2
10, 2015
BB&T Buys 16.9% Stake in London-Based Miller; Willis to Keep Majority Interest
BB&T IHC International Ltd. has acquired a 16.9 percent interest in Miller Insurance Services LLP, the London-based specialist wholesale insurance broking firm. BB&T, which owns the world’s sixth largest insurance broking business, acquired its stake from Willis Group Holdings plc, …
2
10, 2015
Greenberg Endorses Jeb Bush
Hank Greenberg, who built American International Group Inc. into the world’s largest insurer, said he’s putting his money behind Jeb Bush in the Republican party’s crowded nomination race. “Does he have the flair others are looking for? No, but that’s not what you …
2
10, 2015
Endeavour Appoints Price to Drive Growth of U.S. & Canadian Specialist Business
London-based Endeavour Insurance Services* has appointed David Price as divisional director to drive further growth of the company’s specialist business across its U.S. and Canadian accounts. Price’s role will be to work with Endeavour’s broking and producer support teams in …
2
10, 2015
If MetLife Is Tagged As Systemically Risky, Why Isn’t Berkshire Hathaway?
MetLife Inc., the insurer fighting the U.S. government’s decision to label it a potential threat to financial stability, wants to know why Warren Buffett’s Berkshire Hathaway Inc. has gotten a pass. Documents just released show that question was posed last …