specialty insurer News
Bermuda-Based Specialty Insurer Mosaic Debuts; Company Includes Lloyd’s Syndicate
Mosaic, a Bermuda-based global specialty insurer, has launched operations in Bermuda, London, the United States and Asia, along with a newly formed Lloyd's syndicate. Operating with initial ...
New Insurance Group Inigo Raises $800M of Capital; Ex-Hiscox Execs Behind Launch
Inigo Ltd., a new London-based insurance group, announced it has completed a capital raise of approximately $800 million from a consortium of global investors. Former Hiscox executives are beyind the ...
Sompo International Forms New Unit Focused on Tech Industry
Sompo International Holdings Ltd. established a new unit focused on the technology industry. The Bermuda-based property/casualty specialty insurer and reinsurer said the unit will work through a ...
Catlin Founder and Some of His Old Colleagues Launch a New Specialty Insurer/Reinsurer
Insurance industry veterans Stephen Catlin and Paul Brand announced they have launched an international specialty insurer and reinsurer, Convex Group Ltd. Convex launches with $1.8 billion of initial ...
Ascot Group Establishes U.S. Division; Wolyniec Named to Lead It
Ascot Group has established a U.S. division and has promoted an executive from within to lead it. The Bermuda-based specialty insurer and reinsurer appointed Greg Wolyniec as president and CEO of ...
AXIS $611.5M Acquisition of Novae to Close by Mid-October
AXIS Capital Holdings Ltd. expects to complete its acquisition of Novae Group plc by mid-October. European Commission approval of the $611.5 million transaction is expected no later than Oct. 18, the ...