Facebook logo
Facebook logo
Facebook logo
Facebook logo

Latest Headlines

Captive Insurance Times home | Liberty Mutual combines specialty lines business with Ironshore ← You are here

[close]
Latest News
XL Catlin appoints Steve Bauman
22 May 2017 | New York
Steve Bauman has joined XL Catlin as head of global programmes and the captive practice in North America, effective 23 May Read more

New general counsel for California insurance department
22 May 2017 | California
The California insurance commissioner Dave Jones has appointed Ken Schnoll as general counsel for the state’s department of insurance Read more

For more news visit our news section

Upcoming events
PARIMA 2017 Shanghai
Date: 21 June 2017
Location: Intercontinental Shanghai Pudong, Shanghai
Find out more

WRCIC conference
Date: 22-24 May
Location: Marriott City Centre, Salt Lake City
Find out more

For more events visit our event section
Industry recruitment
There are currently no jobs available
For more jobs visit our recruitment section
Captive Insurance Times
View the latest issues online now

Sister publications
Securities Lending Times
http://captiveinsurancetimes.com

Asset Servicing Times
www.assetservicingtimes.com

Real Estate Investment Times
www.realestateinvestmenttimes.com

Media pack [download]
Ad specs [download]
Latest features
A noughties hit
Feature: SACs in Bermuda, first crafted in the statute in 2000, are a useful tool for both captive and commercial insurers, says Kim Willey of ASW Law Read more

Cook Islands
Country profile: In an era of increasing uncertainty, Tamatoa Jonassen suggests that the Cook Islands can be a bridge to financial security in a captive Read more

Brian McDonagh :: Marsh Captive Solutions Dublin
Interview: Many captive owners are exploring alternative forms of capital in order to strengthen their capital base in a more efficient manner, says Brian McDonagh of Marsh Read more

For more features visit our features section
Latest news
More news
Liberty Mutual combines specialty lines business with Ironshore
03 May 2017 | Boston | Reporter: Becky Butcher
Liberty Mutual is combining its US international underwriters business with Ironshore’s US specialty lines operation under the Ironshore brand.

The merger of the two businesses will create the sixth largest writer of excess and surplus lines in the US, based on 2016 direct written premiums.

Liberty Mutual, which announced the acquisition of Ironshore in December, completed the deal on 1 May for an estimated $3 billion.

Kevin Kelley, current Ironshore CEO, will continue to lead all the Ironshore operations, reporting directly to David Long, chair and CEO of Liberty Mutual Insurance.

Ironshore’s existing international businesses, including its Lloyd’s syndicate operation and Bermuda platform, will continue to operate with its existing management team, business strategy and Ironshore brand.

Kelley stated: “Ironshore’s profitable specialty lines business will further bolster Liberty Mutual’s specialty markets platform, while Liberty Mutual’s strong balance sheet presents Ironshore opportunities to innovate additional product lines and to access greater insurance underwriting capacity.”

He added: “Ironshore looks forward to working with the Liberty Mutual family as we expand upon our specialty classes of business and heighten our established corporate brand in markets worldwide. Liberty Mutual’s global reach and admirable reputation offer Ironshore deeper resources to drive strategic growth.”



XL Catlin appoints Steve Bauman
Steve Bauman has joined XL Catlin as head of global programmes and the captive practice in North Ame Read more

New general counsel for California insurance department
The California insurance commissioner Dave Jones has appointed Ken Schnoll as general counsel for th Read more

A.M. Best affirms NextEra Energy captive
A.M. Best has affirmed the financial strength rating of “A (Excellent)” and the long-term issuer Read more

PRIIA puts insurance market at ease
PRIIA has reassured the insurance industry that although Puerto Rico has filed for voluntary bankrup Read more

Peter Allen joins Moore Stephens from Grant Thornton
Allen joined the company from Grant Thornton Singapore where he served as CEO and senior adviser Read more

Captive Insurance Times site map
Home
Home

Sitemap

Issue archive
Back issues online
Recruitment
Recruitment
Events andtraining
Upcoming events

Upcoming training

Company info
About us

Contact us


Copyright (C) 2013 Black Knight Media Ltd. All rights reserved. No reproduction without prior authorization