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Insurance
AM Best has assigned a financial strength rating of A+ (Superior) to property/casualty firm WR Berkley Europe. The outlook of the rating is stable. 3 November 2015
Insurance
Enstar, a Bermuda-based holding company focussed on acquiring re/insurance companies in run-off, experienced substantial growth in the second quarter of 2016, largely attributed to acquisitions and reinsurance transactions it has made in the last year. 8 August 2016
Insurance
The UK government has revealed a draft publication of the regulatory framework for the trading of insurance-linked securities (ILS) in the UK which will allow London to compete with reinsurance hubs like Bermuda. 24 November 2016
Insurance
UK motorists are expected to be hit with price rises to their insurance policies in 2017 for the third year running, according to EY’s bi-annual UK motor insurance results seminar. 22 November 2016
Insurance
Cyber and IT-related risks have emerged as the top concerns for members, according to the latest Airmic survey. It is also the area where risk managers most want to see the insurance industry extend its offering. 11 June 2018
Insurance
Insurance premium tax is set to hike to 9.5 percent in the UK from 6 percent, George Osborne, the UK Chancellor of the Exchequer, revealed today. 8 July 2015
News
Swiss Re has entered into a strategic initiative with SAP, a company that sells enterprise application software. The companies said they aim to develop a solution to address the increasingly complex demands related to financial steering and reporting of insurance companies from regulators across the globe. 2 February 2017
Insurance
The UK’s Chancellor Philip Hammond has agreed to a consultation on the framework for setting future personal injury (Ogden) rates after a severe rate reduction alarmed the industry. 1 March 2017
Insurance
Property/casualty insurer Chubb has opened a new office in Reading, Berkshire, and made two key appointments to expand its local presence across the UK and Ireland. 16 June 2017
Insurance
UK-based re/insurers are weighing up their options in terms of where they domicile to carry on writing onshore European business. But where should they locate themselves? Intelligent Insurer investigates. 26 October 2017
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