Articles
Insurance
The UK re/insurance market is likely to shrink due to the UK’s exit from the European Union as companies reorganize their operations to ensure access to the EU common market. Nevertheless, London is likely to remain an important re/insurance centre after the country exits the EU. 25 January 2017
Insurance
Specialist Lloyd's insurer Neon has expanded its mergers and acquisitions (M&A) consortium capacity from £50 million to £75 million, starting January 2017. 24 January 2017
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
Beaufort Underwriting Agency, the Munich Re owned Lloyd's managing agent (MGA) for MSF Pritchard Syndicate 318, has contracted insurance software provider VIPR for its bordereaux management system Intrali, to manage its data. 20 January 2017
Insurance
RFIB Group, a re/insurance broker at Lloyd's, has launched managing general agency (MGA) Limehouse Agencies under the non-executive chairmanship of Jack Gressier. 20 January 2017
Insurance
The Lloyd’s Market Association (LMA) has made two new appointments to its board as a replacement for Andrew McMellin and Andrew McKee, who stepped down at the end of 2016. 20 January 2017
Insurance
Cost implications of continuing to access EU business and any downturn in the UK economy resulting from Brexit are likely to weigh on insurers, according to an AM Best report titled “Brexit Uncertainties Weigh on UK Insurers but Rated Entities Able to Withstand Pressure.” 20 January 2017
Insurance
Lloyd's of London has received the final regulatory R3 approval from the Insurance Regulatory Development Authority of India (IRDAI) to open a reinsurance branch in India. 19 January 2017
Insurance
Specialty insurer Brit has launched a new Lloyd’s consortium for yachts to strengthen its marine offerings. 19 January 2017
Awards
The Brexit strategy presented by Prime Minister Theresa May this week will weaken the UK as a re/insurance hub, a majority of respondents to an online survey by Intelligent Insurer believe. 19 January 2017
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