middle-market companies News

QBE to Non-Renew $500M of North American Mid-Market Biz

QBE announced that it will start shutting down the middle-market segment in North America to focus on North American businesses where it has more meaningful market position, relevance and scale. Three core businesses remain—Specialty, Crop and Commercial—and the actions on …

Arch Insurance to Buy Allianz’s U.S. MidCorp & Entertainment Insurance Businesses

Arch Insurance North America, part of Bermuda’s Arch Capital Group Ltd., announced it has entered into an agreement to acquire Allianz Global Corporate & Specialty’s US MidCorp and Entertainment businesses for a cash consideration of $450 million. The transaction includes …

Middle Market Growth Spells Opportunity for California’s Insurance Community

The insurance community has at least two reasons to be interested in a new report on middle market companies, particularly those who are doing business in California. According to a report released this week from American Express and Dun & …

ACE Launches General Liability Offering for Multinational Middle-Market Companies

ACE Group has launched a new insurance offering that combines domestic general liability coverage and international general liability coverage for U.S. middle-market companies that are expanding globally. The policy brings together underwriting of ACE Westchester, the company’s excess and surplus …