Insurance News

Chinese regulators on Friday hit PwC’s auditing unit in mainland China with a six-month business suspension and a record fine of 441 million yuan ($62 million) over the firm’s audit

Appointment enhances the firm’s client service and marine market expertise Independent specialist re/insurance broker Miller has announced the appointment of Andrew Gordon to its marine team, further strengthening its capabilities

BMA's robust oversight and swift response helped stem the issue Bermuda’s premier, David Burt, has defended the strength of the island’s life reinsurance sector following the financial difficulties at 777

Entry into Ireland aligns with its global strategy Bermuda-based non-life legacy business Carrick Group, specializing in reinsurance and runoff solutions, has agreed to acquire two Irish captives from US pharmaceutical

Duffy Insurance Agency, based in Lynn, Massachusetts, has acquired The Cowan Insurance Agency of Haverhill, also in Essex County. The Cowan agency, founded in 1938, is a fourth generation family

Trio will guide reinsurance solutions as threats challenge insurers globally Demex has announced the formation of a new advisory board composed of experienced insurance executives John DeMartini, Alastair Speare-Cole, and

Carlyle-owned claims management company Sedgwick said on Thursday it had secured an investment from private equity firm Altas Partners via a deal that valued it at $13.2 billion. The valuation

Tokio Marine Kiln (TMK), the international specialist insurer, announced the formation of a new Specialty Reinsurance division to support the company’s growth ambitions in the sector. The new division will

Acquisition a record-breaker Mutual insurance company Sentry Insurance is acquiring The General, a non-standard auto (NSA) insurance provider, from American Family Insurance in a deal valued at $1.7 billion.  » Read

New report gives the lowdown on sector's 'winning streak' The workers’ compensation insurance sector remains the top performer in the US property & casualty industry, thanks to steady reductions in