Arthur J. Gallagher & Co. today announced that its captive and alternative risk transfer solutions subsidiary, Artex Risk Solutions, has signed an agreement to acquire Horseshoe Insurance Services Holdings Ltd. The acquisition is subject to regulatory approvals and is expected to close in the fourth quarter of 2019. Founded in 2005 and headquartered in Bermuda,… Continue reading Arthur J. Gallagher & Co. to Acquire Horseshoe Insurance Services Holdings Ltd.
Tag: ILS market
ILS Market Slow to Return to Normal: Willis Re
The insurance-linked securities (ILS) market declined year-on-year in the second quarter of 2019, with just below $1.7 billion of non-life ILS capacity issued through 11 cat bonds, down from $6.2 billion and $4.0 billion in Q2 2017 and 2018 respectively. That made the recent quarter the second-lowest second-quarter for issuance by volume in the past… Continue reading ILS Market Slow to Return to Normal: Willis Re