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United Insurance Holdings (UIHC) has agreed to a five-year restrictive covenant that will prohibit it from investing or acquiring managing general agencies (MGAs) as part of its deal to purchase American Coastal
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Bermudian carrier Argo has agreed to buy catastrophe (re)insurer Ariel Re for $235mn in cash, confirming a report earlier today from sister publication The Insurance Insider
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Nephila Capital's fronting partner State National reported a 2 percent year-on-year increase in programme services revenues to $19.3mn in the third quarter
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Blue Capital Management said that it does not anticipate any management changes following the acquisition of its parent company Endurance by Sompo Holdings, the second ownership change for the firm in as many years after Endurance bought Montpelier Re in 2015.
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XL-owned ILS manager New Ocean Capital Management has said its new backer Mitsui & Co would help it broaden its relationships with Asian investors.
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Hedge fund manager Elliott Management Corporation plans to hold onto its investment in Aeolus Capital Management "for a long time", the Bermudian ILS manager's founder Peter Appel told Trading Risk.
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Hedge fund manager Elliott Management Corporation has agreed to buy a controlling stake in Bermudian ILS manager Aeolus Capital Management, the companies announced.
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Willis Capital Markets & Advisory (WCMA) has expanded its team with the appointment of investment banker Daniel Ohana as senior vice president
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Verisk Analytics has acquired (re)insurance software analytics firm Analyze Re, which will be merged into its AIR Worldwide modelling business unit
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US life insurance specialist Genworth has agreed a $2.7bn sale to China Oceanwide, it announced today, after PartnerRe last week inked a deal to buy North American life reinsurer Aurigen Capital for $286mn in cash.
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Blue Capital Management said that it did not anticipate any management changes following the acquisition of its parent company Endurance by Sompo Holdings.
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Bermudian (re)insurer Endurance has been sold to Sompo for $6.3bn, it was announced today