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The rating agencies have started to react to the news that Liberty Mutual will acquire Ironshore – just over a year after Fosun International, China’s biggest conglomerate, acquired the remaining 80 percent stake in the Bermuda-based property/casualty insurer. 6 December 2016
Insurance
Lloyd’s chief financial officer has mooted the idea that brokers should reduce the commission they make on business placed in the market as a way of reducing the overall cost of using Lloyd’s. 26 January 2018
Insurance
Swiss Re’s unit corporate solutions has appointed Jake Algar as head UK & Ireland, effective May 1, 2018 as the company expand the business. 1 May 2018
Insurance
‘No COVID-19 impact on Q2 underwriting results’ but pandemic has hit investment income, firm reports. 3 August 2020
Insurance
Hamilton Underwriting, the managing agency of Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, has appointed Neil Lee-Amies as head of treaty. 20 June 2018
Insurance
Dutch insurance group Aegon has agreed to divest the last substantial block of its life reinsurance business to SCOR Global Life. 8 August 2018
Insurance
The overall property and casualty industry’s loss reserve position appears to be sufficient, after again strengthening in 2017. 15 June 2018
Insurance
Sompo Holdings expects consolidated ordinary profit to double in the full year 2018 (ending March 31, 2019) based on the impact of hurricanes in North America and large losses. 18 May 2018
Insurance
Re/insurer XL Catlin has extended its casualty insurance offering to include a cyber solution in the UK. 12 June 2018
Insurance
Syndicate Research Limited (SRL) placed the B+^ (Above Average) Continuity Opinion of Lloyd's syndicate 2007 (Novae Syndicates Limited) under review for possible downgrade. 2 June 2017
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