News

Hires and promotions at Philadelphia Insurance Cos., Zurich, Torus and Digital Insurance. News from Lockton.

Hires and promotions at Philadelphia Insurance Cos., Zurich, Torus and Digital Insurance. News from Lockton.

Historic flooding dominated a below-average natural catastrophe season through the first half of this year, according to a Munich Re Nat Cat presentation.

Enstar Group Ltd. will acquire specialty insurer Torus Insurance Holdings Ltd. in a combination cash and equity transaction worth $692 million.

Enstar Group Ltd. will acquire specialty insurer Torus Insurance Holdings Ltd. in a combination cash and equity transaction worth $692 million.

Ambac Assurance Corp joined growing opposition to a proposal by Detroit's emergency manager to default on certain bonds, including some the city backed with a pledge of its full faith and credit when they were sold, and warned that a default on them would hinder its ability to borrow in...