April 6, 2016
THB, the London-based specialist insurance and reinsurance broker, announces it has secured an exclusive wholesale broking arrangement with Unicorn Underwriting for UK motor fleet business. Unicorn Underwriting recently received backing from Berkshire Hathaway International Insurance Ltd. and that new capacity …
April 4, 2016
Ryan Direct Group, the subsidiary of Chicago-based Ryan Specialty Group, announced the completion of the acquisition of Midas Underwriting, which was completed on March 31, following regulatory approval. This transaction was previously announced on Jan. 6, 2016. As part of …
March 30, 2016
While all middle market businesses across the world have concerns about cyber risk, few of these firms view it as their biggest exposure, according to a global survey* of 68 leading independent insurance brokers, which gauged the concerns of their …
March 30, 2016
Charlotte, N.C.-based broker AmWINS Group Inc. announced the appointment of Darren Nightingale as chief executive officer of its London-based managing general agent, Unicorn Underwriting. Nightingale will be joined by Julian Cashen from Liberty Underwriting as class underwriter, motor fleet. Together …
March 30, 2016
Insurance payouts from the chemical blasts at the Chinese Port of Tianjin last year could total up to $3.5 billion, reinsurer Swiss Re said on Wednesday, in what would be the largest ever man-made loss in Asia. The estimate of …
March 29, 2016
U.S.-based global insurance distributor AmWINS Group Inc. announced it has secured backing from AA+ rated Berkshire Hathaway International Insurance Ltd. for its London-based managing general agent (MGA), Unicorn Underwriting, to write motor fleet business. Unicorn will focus initially on specialist …
March 25, 2016
One of the strongest El Niño periods on record and a positive phase of the North Atlantic Oscillation were the climate drivers in 2015 that led to an exceptional season of Pacific tropical storms and severe windstorms and flooding in …
March 25, 2016
The majority of Lloyd’s businesses (77 percent) are considering legacy portfolio disposals, with more than half of firms based in western Europe (53 percent) expecting to make at least one sale in the next three years, according to Willis Towers …
March 25, 2016
The re/insurance industry is failing to respond to the growing global terrorist threat with products that meet the needs of their clients, according to a report published by JLT Re and JLT Specialty Ltd. Indeed, evidence that insurance has absorbed …
March 22, 2016
Are you a young insurance agent, 40 years old or younger? Do you know a young insurance agent? Insurance Journal is searching for young insurance agents to participate in this year’s Young Insurance Agents Opinion Survey. The results will be …