OneBeacon

OneBeacon buys renewal rights to Brit public entity book

OneBeacon buys renewal rights to Brit public entity book

Intact Financial subsidiary OneBeacon has acquired the renewal rights to Brit Global Specialty USA’s admitted ‘First Dollar Package’ public entity portfolio, with Sharon Wright joining as part of the deal.

OneBeacon acquires trade specialist International Bond & Marine Brokerage

OneBeacon acquires trade specialist International Bond & Marine Brokerage

OneBeacon has acquired privately held trade specialist International Bond & Marine Brokerage (IB&M).

Intact facing C$115mn Q4 cat bill

Intact facing C$115mn Q4 cat bill

Canada’s Intact Financial Corporation has warned investors its fourth quarter 2019 results will include a pre-tax catastrophe bill of some C$115mn (US$85.8mn), equal to $0.60 per share.