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Insurance
Plum Underwriting, a specialist household insurance MGA, has completed a management buyout backed by Global Risk Partners, the London Market focused consolidator, to support expansion plans. 17 December 2014
Insurance
Insurance-linked securities (ILS) issuance has reached a new annual record, according to Aon Benfield Securities. 16 December 2014
Insurance
German reinsurer Hannover Re has used the capital markets to place a swap for extreme mortality scenarios. 16 December 2014
Insurance
ISO, the information provider about property/casualty insurance risk owned by Verisk Analytics, is preparing insurers for the rise of commercial drones around the world by offering new and versatile coverage options. 16 December 2014
Insurance
Lodestar Marine, the P&I fixed premium marine insurance provider, has revealed that RSA will increase its line size limit to $500 million from $100 million from January 1, 2015. 16 December 2014
Insurance
Pardus, an independent MGA launched earlier this year in London, has formed a new underwriting capability in the forestry business, backed by capacity at Lloyd’s, following a number of new hires. 16 December 2014
Insurance
Fairfax Financial Holdings is to acquire QBE's insurance operations in the Czech Republic, Hungary and Slovakia. 16 December 2014
Insurance
Rating agency Fitch has revised its outlook for the UK company market to stable from negative. But it added that UK non-life insurers will continue to face pressure on their underwriting margins due to fierce competition and reinsurance prices will continue to soften. 16 December 2014
News
The chief financial officer (CFO) of R+V Versicherung, the privately-owned German re/insurer, is set to retire. 15 December 2014
Insurance
Canopius Group, the specialty re/insurance platform of Sompo, has appointed Tony Southern as head of distribution for its UK specialty business unit and John Eldridge as managing director of its wholly owned subsidiary K. Drewe Insurance Brokers (KDIB). 15 December 2014
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