Arch Insurance Group
Interview: Jacqueline McNamee and Elliot Biggs, C-Quence
Keen not to be lumped in with the insurtech movement, new managing general agent C-Quence is ready to launch in Q3 backed by Primary and Arch. Its CEO Jacqueline McNamee and chief information officer Elliot Biggs outline to Jonathan Swift why data, a…
Primary and Arch back Q3 launch of McNamee's insurtech C-Quence
Insurance investment vehicle Primary Group has today been revealed as the backer for the new digital-enabled managing general agent to be launched by former AIG UK CEO Jacqueline McNamee in autumn this year.
AIG to raise further $590m following United Guaranty sale
Following last year's sale of US mortgage insurer United Guaranty to Arch Capital, AIG has exercised several options.
Towergate names new underwriting CEO
Towergate has appointed Paul Dilley as CEO of underwriting.
AIG sells US mortgage insurer to Arch
AIG has sold its US mortgage insurer United Guaranty to Arch Capital for $3.4bn (£2.6bn) subject to regulatory approval.
Watford 'will eat our lunch', Arch CEO warns
Arch Insurance may have “created a competitor” in setting up Watford Re, as the joint venture recently launched its own insurance business subsidiary.
Dual looks to capacity provider Arch for claims head hire
Angus Watson has been appointed global chief claims officer at Dual, Hyperion Insurance Group's underwriting arm.
Willis appoints new European captive head
Lesley Harding has been named chief executive officer of Willis' global captive practice in Europe, effective 1 March.
Top five European news stories
The top five European news stories from www.insuranceinsight.com over the past seven days.
Arch faces legal challenge in Malta over D&O policy
Lloyd's insurer Arch Insurance Company (Europe) is being challenged in the Superior Courts of Malta in connection with a directors' and officers' policy for European Insurance Group.
Dual wins new capacity providers
Liberty and Barbican will become capacity providers for Dual International's financial lines portfolio from next month, following in the footsteps of Arch, Hiscox and Mitsui Sumitomo.
Novae reveals reinsurance management reshuffle
Novae has restructured the key management team in its Novae Re reinsurance division in Zurich and London, following a stream of departures earlier in the summer.
Arch acquires Ariel Re's Zurich-based credit business
Arch Capital Group is to acquire Ariel Re's Credit & Surety reinsurance operations based in Zurich.
Interview - Ann Haugh: Making the right decisions
UK CEO of Zurich Global Corporate Ann Haugh has never been averse to taking risks and reveals her determination to grow the business is as strong as it is strategic.
Brightside looks to diversify as talks held with Arch
Brightside is in talks to add Arch Capital to its panel of commercial insurers, as the broker aims to move into a series of new risks in its commercial portfolio.
Dual to offer securities insurance
Underwriting agency Dual Corporate Risks has unveiled a new standalone public offering of securities insurance products in partnership with Arch and Hiscox.
Top 100 UK insurers - 2009
AM Best's top 100 insurer rankings in full, according to Financial Services Authority returns for 2009.
News analysis: H1 reinsurer results slump
Bermudan reinsurers recorded huge drops in profits following heavy claims from the catastrophes experienced in the first half of the year, though elsewhere some reinsurers fared better, writes Katherine Blackler.
Neal Bill opposition grows
Opposition to the bill proposed in the US congress by senator Richard Neal has continued to grow this month, with the CEA and German government both voicing opposition.
Report finds "convergence" between Lloyd's and Bermuda markets
Lloyd’s and Bermuda represent distinct and different approaches to underwriting, but that their work practices and risk evaluation methods are showing signs of convergence.
Leading industry light Clements passes away
A leading light in the insurance and reinsurance industries, Robert (Bob) Clements, has passed away.
Dual boss admits Hiscox deal good for flotation
Dual International chief executive Bob Van Gieson has admitted moving away from having Arch Capital as its sole capacity provider for its main book of business makes it better placed for a flotation.
Arch sees income rise $85m
Arch has recorded net income of $237m, or $4.45 per share for the second quarter of this year, compared to $152.1m, or $2.43 per share for the same period last year.
German government voices opposition to Neal Bill
The German ambassador to the United States Klaus Scharioth has written to house ways and means committee chairman Sandy Levin registering the opposition of the German government to the Neal Bill.