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Insurance
Arthur J Gallagher has expanded its presence in Scandinavia through the acquisition of an 85 percent stake in Brim AB, a Swedish specialist insurance and reinsurance broker. 6 July 2016
Insurance
European life insurers will be the first to be impacted by the UK’s decision to withdraw from the EU but all parts of the insurance sector should prepare to adjust their group structure, according to a senior director at rating agency AM Best. 6 July 2016
Insurance
The International Underwriting Association (IUA) has elected six senior London Market executives to join its governing board. 5 July 2016
Insurance
The UK pension practice of KPMG has selected RMS, a catastrophe risk management firm, as its UK longevity modelling provider. 4 July 2016
Insurance
Allied World North America, a subsidiary of Allied World Assurance Company, has partnered with Great Point Insurance to offer umbrella coverage in the US and Canada for small businesses through its online portal, UmbrellaPro. 4 July 2016
Insurance
The American Hellenic Hull Insurance Company (AHHIC), an insurer covering hull and machinery risks for ship-owners, has received its operating license from regulatory authorities in Cyprus. 1 July 2016
Insurance
The magnitude of reinsurance rate reductions has slowed but a softening continued in many lines in the June/July 2016 renewal season, according to a report from Willis Re, which adds that stability in the market remains elusive. 1 July 2016
Insurance
Lloyd’s has revealed that 4 percent of its £26.6 billion global gross written premium is likely to be affected by the UK’s withdrawal from the EU’s single market. 30 June 2016
Insurance
Jersey’s position as an international finance centre will be largely unaffected despite the UK’s decision to leave the European Union (EU), according to an update from Jersey Finance. 30 June 2016
Insurance
Global insurance premium growth accelerated in 2015 compared with 2014, but profitability of the sector is set to remain under pressure in a mixed growth outlook, according to the latest Swiss Re Sigma report. 30 June 2016
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