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Insurance
UK legal protection and assistance specialist ARAG plc said on July 12 that it grew its income from the reinsurance business in 2016. 12 July 2017
Insurance
S&P Global Ratings has lowered the ratings on Switzerland-based Allied World which has been acquired by Canada-based Fairfax. 11 July 2017
Alternative Risk Transfer
Italian insurer Assicurazioni Generali said on July 10 that it returned to the insurance -linked securities (ILS) market with a €200 million cat bond on floods and windstorms in Europe and earthquakes in Italy. 10 July 2017
Insurance
Ensurance said July 10 that its newly-created managing general agency has entered into a partnership agreement with Swiss Re Corporate Solutions and XL Catlin, and received Lloyd's coverholder status for its UK operations. 10 July 2017
Insurance
Fitch Ratings said July 7 that it has placed Gibraltar-based Elite Insurance Company’s Insurer Financial Strength (IFS) rating of 'BBB-' on Rating Watch Negative (RWN). 10 July 2017
Insurance
UK comprehensive car insurance prices rose 18 percent on an annualized basis to £847 in the second quarter, the biggest quarterly rise in seven years, pushing the cost of UK car insurance close to an all-time high. 10 July 2017
Insurance
Probitas 1492, an underwriting syndicate at Lloyd’s specialising in property, construction and casualty insurance and reinsurance solutions, said July 6 that it hired Stephen Johnson as property underwriter, and Jim Meakins as casualty underwriter. 7 July 2017
Insurance
Ironshore International’s Mergers & Acquisitions and Tax Insurance unit has opened an office in Frankfurt, Germany, through Ironshore Agency in a move to expand its European presence. 7 July 2017
Insurance
Specialist Lloyd's insurer Neon has appointed Chris Conway, formerly a senior underwriter at Ascot Underwriting Bermuda, to its property reinsurance team in Bermuda. 7 July 2017
Insurance
AXIS Capital’s acquisition of Novae Group defies critics that believe that the London Market has become overly expensive and unattractive. 6 July 2017
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