Amynta Group reveals its acquisition of Ambridge Group from Brit
Ambridge, an MGU which offers a broad variety of transactional, specialty casualty, cyber, professional liability and reinsurance coverages, places over...
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Latest acquisition a “new growth avenue” for R&Q
As a result of the deal, R&Q will provide claims and management services, while Obra – which recently rebranded from...
Texas Mutual names CEO for new health insurance subsidiary
“I am honored that Texas Mutual has chosen me to lead this new venture,” Duncan said. “Texas Mutual is a...
Policies not triggered, say insurers in case against Dubai Aerospace Enterprise
Insurers of aircraft lessor Dubai Aerospace Enterprise (DAE) insist the latter isn’t eligible for compensation. The 11 defendants...
US commercial insurance rates rise in Q4
The composite rate for all property insurance saw a rate increase of 9.3% in Q4, according to MarketScout. Some catastrophe-exposed...
Majority of employees confident their company can handle recession
And more than a quarter (26 per cent) aren’t concerned at all about potential layoffs, finds the survey of over...
Aussie billionaire Trevor Lee takes QBE to court
Lee alleges that the damage to Keri Lee III occurred on May 10, 2020, in a port in Genoa, Italy....
Massachusetts signs bill penalizing unauthorized sale of catalytic converters
Former Massachusetts Governor Charlie Baker and the Massachusetts state legislature have passed a new bill that establishes penalties...
Policies not triggered, say insurers in Dubai Aerospace Enterprise case
Insurers of aircraft lessor Dubai Aerospace Enterprise (DAE) insist the latter isn’t eligible for compensation. The 11 defendants...
Brokerage boss Cameron McKerchar on facing mental health struggles
In an Insurance Business Australia TV (IB TV) episode, McKerchar shared that he had “some pretty dark times” and had...
