All articles by Shivam Mishra
Shivam Mishra
Applied Surety closes majority purchase of Argo’s surety unit
In April, Applied Surety Underwriters (ASU) announced its intention to acquire the majority of Argo Surety’s in-force energy business.
Gallagher expands US crisis management team
Joe Gilliland brings expertise in terrorism, political violence and active shooter insurance and risk management solutions.
Arch Insurance secures approval to buy Allianz’s US assets
The acquisition is due to close on 1 August 2024, contingent on the fulfilment of standard closing conditions.
Travelers registers profit of $534m in Q2 2024
Travelers saw its net written premiums climb to $11.11bn in the second quarter (Q2) of 2024, an 8% increase from the prior year.
Berkshire Hathaway Specialty Insurance enters surety space in Spain
Jesús Barbero, with more than two decades of experience in the surety sector, has been appointed as the head of surety.
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Global tech outage prompts business interruption claims spike
The disruption was reportedly caused by a software update from cybersecurity technology company CrowdStrike.
TWFG Insurance completes IPO, raising $187m
The company offered 11 million shares of Class A common stock at $17 each, excluding underwriting discounts and commissions.
Hub buys assets of employee benefits services provider McClements
McClements specialises in providing solutions for employee benefits and human resource compliance to large employers.
LM Re launches Australian unit, hires Aon veteran as head
LM Re has appointed Mark De La Mare as head of Australia and New Zealand, effective October 2024.
JMG buys Howe Maxted’s general business insurance division
The acquired division will join JM Glendinning Insurance Brokers’ network of 12 offices across the UK.