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Global insurance group QBE has become the second big re/insurer to provide capacity to the world’s first Shariah-compliant MGA, Cobalt Underwriting. 28 March 2014
News
Helios Underwriting, the company formerly known as Hampden Underwriting which now provides limited liability direct investments into Lloyd’s syndicates, has acquired Bernul, a limited liability member of Lloyd's, for £800,000 in cash. 28 March 2014
Insurance
Global insurers are regaining their appetite for mergers and acquisitions, with a steady flow of midmarket transactions anticipated, according to a report by Deutsche Asset & Wealth Management. 27 March 2014
Insurance
Talanx Deutschland, part of Germany’s third largest insurance group Talanx, has appointed a new chief executive. 27 March 2014
Alternative Risk Transfer
Re/insurance intermediary BMS Group has launched a new weather risk management tool designed to allow carriers to better understand their risk and manage portfolio accumulations in areas prone to tornadoes, hail, straight-line winds and hurricanes. 27 March 2014
News
Blue Capital Global Reinsurance Fund, the London Stock Exchange listed reinsurance fund managed by Blue Capital Management, has delayed its latest share placement, which was expected this week. 27 March 2014
Insurance
Clavis Re, a start-up underwriting platform formed in Zurich, Switzerland, has secured the backing of Chaucer Syndicates to launch a new specialty coverholder business at Lloyd’s. 27 March 2014
Insurance
Specialist insurance group Ecclesiastical has appointed Ian Campbell as its new group chief financial officer. He will also join the company’s board as an executive director 27 March 2014
Insurance
The Lloyd’s Market expects a growing portion of its business to come from emerging markets in the future due to a dramatic shift in where insurance capacity is needed in the world. 27 March 2014
Insurance
Specialist insurer Ecclesiastical has posted a strong set of results for 2013 following its strategic exit from the motor insurance market in the UK and overseas. 27 March 2014
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