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The Financial Conduct Authority (FCA), the UK’s financial regulator, has revealed that brokers will pay an extra 8.5 percent in fees for the financial year 2015/16. 25 June 2015
News
Reinsurance broker Chedid Re has revealed that it has registered as a Lloyd’s broker, in a move it believes is a natural extension of its cooperation with Lloyd’s. 24 June 2015
Insurance
Italian investment company Exor has again hit back at statements from the PartnerRe board while adding that it has received a positive response for its offer. 24 June 2015
Insurance
In the latest round of the ongoing squabble between PartnerRe and Exor, the Bermuda-based reinsurer has issued a correction of what it believes are “misleading” statements made by Exor. 24 June 2015
Insurance
Howden, the broking arm of Hyperion Insurance Group, has partnered with cyber insurance technology specialists Insurisx on an initiative to drive change in the way that cyber insurance is sold. 24 June 2015
Insurance
ACE Bermuda International has launched a directors and officers (D&O) policy aimed at protecting the personal assets of executives and board members of Nordic companies. 24 June 2015
Insurance
Re/insurer International General Insurance (IGIH) has appointed Gordon Steward as forestry underwriter in its IGI UK business in London. 24 June 2015
Insurance
Nexus CIFS, the specialist trade credit insurance subsidiary of Nexus Underwriting Management Group, has appointed Gavin Brown and Philip Oldfield as commercial underwriters. 23 June 2015
Insurance
Insurer RSA has revealed that it will appeal the Employment Appeal Tribunal’s (EAT) decision to award Philip Smith, the former chief executive officer of RSA Ireland, €1.25 million in damages. 23 June 2015
Insurance
PartnerRe has condemned Italian investment company Exor’s “inferior offer” and criticised its “unacceptable risks” in a presentation to shareholders. 23 June 2015
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