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Insurance
R&Q CRS increases capacity; targets more SME business
R&Q Commercial Risk Services (CRS), part of R&Q’s managing general agent (MGA), has increased its total underwriting capacity to £15 million as part of a long term capacity agreement to secure more business with small and medium-sized enterprises (SMEs).   8 August 2016
Insurance
Profits dip but revenues rise for Willis Towers Watson in Q2
Willis Towers Watson (WTW) reported a decrease in its profits but a healthy rise in its total revenues in the second quarter of 2016.   5 August 2016
Insurance
Neon appoints chief risk officer
Neon Underwriting has appointed Olly Reeves as its chief risk officer.   5 August 2016
Insurance
Towergate expands London Market motor fleet team
Towergate London Market has expanded its motor fleet team with the appointments of Mark Culleton as senior account handler and Darren Grodent as senior placement broker.   5 August 2016
Insurance
Energy investments and cat losses hit Liberty Mutual’s Q2 profits
Losses from energy investments hit Liberty Mutual’s profits in its second quarter results for 2016.   5 August 2016
Insurance
Private capital remains vital to Lloyd’s but supply mechanism must adapt
Private capital plays a vital role in the capital structure of Lloyd’s and will continue to do so in the market’s plans for the future set out in Vision 2025 but the way it is provided to managing agents needs to adapt.   4 August 2016
Insurance
Tokio Marine Kiln adjusts forecasts on three syndicates
Tokio Marine Kiln Syndicates has adjusted its forecasts on the 2014 and 2015 years of account for its three non-aligned syndicates.   4 August 2016
Insurance
Investment returns buoy Novae to record H1 performance
Novae Group’s pre-tax profits soared in the first half of 2016 to reach record levels for the company in the first half of a year boosted by solid investment returns as a new investment strategy paid dividends.   3 August 2016
Insurance
Regulator has responsibility to promote UK post-Brexit: BIBA
The UK’s regulators must accept an element of responsibility for promoting the UK’s financial services sector, including insurance, in a post-Brexit environment, the British Insurance Brokers’ Association (BIBA) has claimed in a letter to senior government figures.   2 August 2016
Insurance
BIBA warns Solvency II equivalence will be critical to UK
The British Insurance Brokers’ Association (BIBA) has warned that the UK government must prioritize securing Solvency II equivalence status post Brexit – assuming full access to the single market is not possible – if the country’s insurance market is to retain its size and importance as a global hub.   2 August 2016

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