The collapse of the subprime mortgage market has sent directors and officers liability insurance rates for the finance sector skyrocketing--and the upward spike is likely to continue for the foreseeab
Bermuda-based Argo Group International Holdings announced today that it has made a $272 million cash offer to acquire Heritage Underwriting Agency, Plc, a Lloyd's insurer, creating a combination that
The company added that the additional capacity will cover North American-based commercial occupancies on noncatastrophe-exposed accounts, including commercial real estate, manufacturing,
The company said it is launching IronHealth, under the direction of Matt Dolan as president with Josh Stein as chief underwriting officer, Randy Oates as chief operating officer and Tammi Dulberger as
When German reinsurance behemoth Munich Re announced its intention to buy The Midland Company for $1.3 billion in October, it marked the biggest, but not the last deal involving a U.S. specialty
When German reinsurance behemoth Munich Re announced its intention to buy The Midland Company for $1.3 billion in October, it marked the biggest, but not the last deal involving a U.S. specialty
Bermuda insurers are continuing to pursue strategies to diversify their operations by acquiring or launching facilities offshore, but while most will travel the distance to London or the United
Bermuda-based Ironshore Inc. announced yesterday that its U.S. subsidiary has completed acquisition of the excess and surplus lines insurance shell from TIG Insurance Company, the runoff property of F
Mr. Sandler was chief executive officer of Lloyd's from 1995 to 1999. He has held senior positions with National Westminster Bank plc; Exco plc; Martin Bierbaum Group plc; Booz Allen & Hamilton Inc.;