RKH Specialty, part of the Hyperion Insurance Group, has appointed Gert Schlossmacher as co-managing director of its Financial Risks Division. Schlossmacher will join in January 2016, reporting to Barnaby Rugge-Price, CEO of RKH Specialty. Schlossmacher joins RKH from Euler Hermes, …
Arthur J. Gallagher – the international division of Arthur J. Gallagher & Co. – has extended its investment in Latin America with a 65 percent shareholding in independent Colombian energy and construction specialist ARM Re Ltda (ARM). Other terms of …
The tussle between AXIS Capital Holdings Ltd. and EXOR SpA for control of Bermuda-based reinsurer PartnerRe Ltd. could be drawing to a close after a bidding war that began four months ago. AXIS and PartnerRe improved the terms of their …
Merger and takeover activity is likely to continue in the coming months as re/insurers increasingly seek ways to deploy capital and create scale against a backdrop of ongoing soft market conditions and weak investment returns, according to a special report …
Catastrophe modeling firm AIR Worldwide’s report on Typhoon Nangka notes that it “made landfall July 16, 2015, at 23:07 Japan Standard Time (JST) (14:07 UTC) with a central pressure of 965 mb near Muroto City, on the eastern coast of …
Pictured left to right: Patricia Berry, Chris Holmes, Paul Hamilton Atlanta, GA, July 20, 2015 — Breckenridge Insurance Services, a leading specialty wholesale commercial brokerage firm, has added three brokers with proven industry experience to the organization. The new team …
In Citizens’ 2016 rate proposal, approved last month by the Citizens Board of Directors and awaiting approval by the Florida Office of Insurance Regulation, the insurer of last resort did not recommend any sinkhole rate increases for 2016 for most …
Hundreds of South Carolina people with disabilities have been overcharged roughly $2 million for their care in group homes, according to a report released July 16. An audit revealed that 10 providers for the Department of Disabilities and Special Needs …
Police in Asheville, N.C., say a man involved in more than a dozen wrecks in three years is accused of deliberately causing the accidents and trying to collect insurance later. The Asheville Citizen-Times reports that warrants at the Buncombe County …
Officials for the Florida Department of Highway Safety and Motor Vehicles are re-examining some test questions as more Floridians are failing the revamped written driver’s license test. Three out of every five have flunked through the first six months of …
