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Insurance
Law firm Kennedys is to merge with marine and shipping law firm Waltons and Morse. The deal will create a £150 million business. The acquisition will come into effect on November 1, 2016. 12 August 2016
Insurance
More than 90 percent of risk managers and insurance buyers welcome the introduction of the Insurance Act 2015, which comes into force today (Friday August 12), according to a survey by Airmic, the association that represents corporate risk managers and insurance buyers. 11 August 2016
Insurance
Tokio Marine & Nichido, a property/casualty subsidiary of Tokio Marine, drove the carrier’s results in the period April to June, which is the company’s accounting first quarter 2016. 10 August 2016
Insurance
The Japanese port of Nagoya and the Chinese port of Guangzhou top a ranking of ports at the greatest risk of potential losses from catastrophe risk, according to an analysis from risk management firm, RMS. 9 August 2016
Insurance
The low interest rate environment and soft market will lead to greater consolidation in the industry, according to the majority of Intelligent Insurer readers who participated in an online survey. 5 August 2016
Insurance
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
JLT Re, a provider of reinsurance broking and consultancy, has appointed Micah Woolstenhulme as head of risk and economic advisory. 4 August 2016
Reinsurance
ANALYSIS: Greenlight Re boss heralds new chapter despite more losses and criticism of business model
Losses at Greenlight Capital Re burgeoned in the second quarter of 2016 amid wider criticism of hedge fund reinsurers’ business models. But the company believes that it has now taken appropriate action to leave its problems behind. 3 August 2016
Insurance
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
Endurance experienced substantial growth in almost all lines of business in the second quarter of 2016, largely driven by its acquisition of Montpelier Re but also by an expansion of its underwriting portfolio. Its profits for the period remained stable. 2 August 2016
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