Reinsurance News

Ironshore

William Lewis to lead Ironshore’s Australian & New Zealand insurance offerings

7th June 2017

Ironshore International has announced the appointment of William Lewis as Managing Director of Ironshore Australia Pty Limited, responsible for leading its multi-line insurance offerings across Australia and New Zealand. Lewis will based in the firm's Sydney office and reports to Managing Director, Ironshore Asia Pacific, Hui Yun Boo. Hui Yun Boo, commented on ... Read the full article

Russell Fisher to lead Ironshore’s London Political Risk & Trade Credit business

24th May 2017

Bermuda domiciled insurance and reinsurance holding company, Ironshore Inc., has hired Russell Fisher as Vice President (VP) of its Political Risk and Trade Credit unit to underwrite European business, the company has announced. Fisher will be based in the firm's London office and will report to Don Asadorian, Senior Vice President ... Read the full article

Liberty Mutual to combine LIU U.S. & Ironshore’s specialty U.S. operations

5th May 2017

Liberty Mutual Insurance (LMI) has revealed that following the completion of its takeover of Ironshore from Fosun International, Liberty International Underwriters' (LIU) existing U.S. business will combine with Ironshore's U.S. specialty lines business under the Ironshore brand. Based on 2016 direct written premiums, the combination of the two units under the ... Read the full article

Liberty Mutual completes specialty insurer Ironshore acquisition

2nd May 2017

Liberty Mutual Insurance - one of the largest property and casualty insurer's in the U.S. - has announced the completion of its acquisition of global specialty insurer Ironshore. Liberty purchased the firm from Fosun International for $2.935 billion after receiving regulatory approvals. The transaction took place under the guidance of Barclays Capital as financial ... Read the full article

Ironshore Specialty Casualty execs take on new product line responsibilities

27th February 2017

Ironshore Specialty Casualty has announced that executives Dawn Puro and Sonny Powers will assume new product line responsibilities, effective immediately. Puro, Senior Vice President (SVP) of Specialty Casualty at the firm's New York office has been named Product Line Manager, Public Entity lines and Powers, Vice President and Product Line Manager ... Read the full article

Ironshore increases Terrorism & Sabotage programs capacity to $400 million

21st February 2017

Bermuda domiciled specialty insurance and reinsurance holding company, Ironshore International, has announced that it's increased its Terrorism & Sabotage programs capacity to $400 million, effective immediately. The new $400 million capacity level represents growth of roughly 6.7% from the previous $375 million limit, and is in response to a rise in ... Read the full article