Former ANV/AmTrust political risk underwriter Tom White has joined MGA Castel’s Specialty platform to launch his own book under the company’s banner.
Activist investor Carl Icahn has thrown into doubt the future of a proposed $2.7bn deal by AmTrust’s CEO and his in-laws to take the firm private as he revealed a 9.4 percent holding in the firm.
The newly-formed SSL Endeavour will waste no time in lining up acquisitions to grow the business, the chief executive of Endeavour, David Lawrence has said.
JC Flowers’ acquisition of niche London market brokers SSL and Endeavour marks a growing trend of private equity firms purchasing stakes in distributors, with a particular flurry of activity sweeping the London market.
It is never nice to post a $6.2bn loss in your equity portfolio in one quarter - least of all when you are Berkshire Hathaway, the company famous for its stock picking boss - but that load looks a little lighter when your (re)insurance operations return to profitability and it ...
Talk of meaningful reinsurance rate hikes for Florida business appear to have resulted in very little actual movement in price as details of the key 1.6 renewal start to emerge.
The following article is brought to you by Digital Insurance Agenda (DIA) founders Roger Perevelli and Reggy de Feniks in the run up to the DIA Amsterdam InsurTech conference on 16 and 17 May.
Innovation is a tricky business. Despite what the buzzword bandits would have you believe, it is extraordinarily difficult to impose innovation - and the attitudes associated with it - on a given environment.