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Lloyd’s of London is facing criticism for providing what some have dubbed “murder insurance” to gun owners across the USA, according to an article in The Times. 18 December 2017
Insurance
Social inflation is a big issue for insurers, especially in the US where plaintiffs’ lawyers are demanding ever-larger pay-outs, backed by juries who are increasingly inclined to back David against Goliath. But the right approach will reduce this trend, as Rick Lindsey, CEO of Prime Insurance Company, tells Intelligent Insurer. 7 September 2020
Insurance
Profits and gross written premiums (GWP) for Hannover Re Group fell in the second quarter of 2016, largely due to the performance of its property/casualty reinsurance segment, which it stressed was facing challenging market conditions. 4 August 2016
Insurance
Zurich Insurance Group has agreed to sell its pre-2007 UK legacy employers’ liability policies portfolio to Bermuda-based specialist acquirer of legacy insurance portfolios Catalina Holdings. 17 December 2018
Insurance
StarStone, the specialty insurer and subsidiary of Enstar Group, has entered into a joint venture partnership with Malakite Underwriting Partners, a managing general agent (MGA), in Dubai, and hired a former Swiss Re executive as it targets growth in MENA. 23 January 2017
Insurance
Insureon, an online agent for small-business insurance, has formed a managing general agent (MGA), Insureon Underwriting Managers, to operate under the company’s wholesale brokerage subsidiary, Insurance Noodle. 22 July 2016
Insurance
Insurance services firm Charles Taylor has agreed to a "compelling" takeover deal by private equity firm Lovell Minnick Partners, which it hopes will deliver attractive returns to its shareholders. 19 September 2019
Insurance
Specialty managing general agent Nexus Underwriting Management has appointed Tim Brangwyn as director of its subsidiary Millstream Underwriting. 21 January 2016
Insurance
Although the last 12 months have painted a very dark picture of the industry in some ways, through 2018 there has been some robust growth among re/insurance companies. 10 September 2018
Insurance
Advent Solutions Management, the provider of support services for start-ups, entrepreneurs and managing general agents, has appointed Gemma Arregui as head of operations. 18 February 2016
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