Specialty insurance lines news
James River shares close down 23% after Uber cancellation
The carrier's largest client was the prime source of up to $60mn of pre-tax adverse development now expected in the third quarter.
US SEC hits Argo with subpoena over pay details
The regulator has asked the carrier to disclose documents relating to staff compensation.
Liberty completes AmTrust Europe acquisitions
Nationale Borg, Nationale Borg Reinsurance and AmTrust Insurance Spain have become part of Liberty.
Hamilton recruits Third Point Re’s Wilson to run US casualty and specialty
Wilson’s role will focus on building out the Bermudian’s casualty and specialty reinsurance footprint in the US.
AmTrust launches LA-based excess casualty operation
Jeff Lynn joins from Everest Re to lead the new business segment.
Nationwide promotes Denton to CUO for property brokerage
The appointment comes as the carrier works to expand its presence in the property market.
CAC Specialty adds JLT Specialty’s Daly as financial lines co-lead
Daly has joined a new broking and investment banking platform recently launched by Cobbs Allen.
Barnes named Marsh US and Canada energy and power leader
Barnes moved to Houston earlier this year to lead the Marsh JLT integration