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Lloyd’s Canopius syndicate 4444 gets downgraded

London Market, UK17-04-2018Insurance news

Syndicate Research (SRL) has downgraded the B+^ (Above Average) Continuity Opinion of Lloyd's syndicate 4444 (Canopius Managing Agents) to B^ (Average).

The Hanover expects up to $76m nat cat costs in Q1

North America17-04-2018Casualty, Insurance news, Property cat

US-based property/casualty insurer The Hanover estimates the impact of catastrophe activity to be in the range of $66 million to $76 million before taxes in the first quarter of 2018.

Lloyd’s MS Amlin Underwriting gets downgraded due to losses

London, UK17-04-2018Insurance news, Reinsurance news

Syndicate Research (SRL) has downgraded the A-^ (Good) Continuity Opinion of Lloyd’s Syndicate 2001 (MS Amlin Underwriting) to B+^ (Above Average) following the announcement of its 2017 annual results and put it under review for further possible downgrade.

Allianz sells 33% in China unit

Asia Pacific, Europe17-04-2018Insurance news

Allianz has sold a 33 percent stake in its China unit to Chinese online retailer JD.com, according to a Reuters April 16 report.

Lockton picks new chief digital officer to drive innovation

North America17-04-2018Insurance news, Technology News

Insurance broker Lockton has appointed Said Taiym as executive vice president and chief digital officer.

Ex-CIRC chairman charged with fraud

Asia Pacific17-04-2018Insurance news, Reinsurance news

The former chairman of China Insurance Regulatory Commission (CIRC) Xiang Junbo has been formally charged on suspicion of taking bribes, Reuters reported on April 16.

AXA backs MGA Gresham Underwriting

Europe17-04-2018Insurance news

French insurer AXA and managed general agency (MGA) Gresham Underwriting (GUL) have entered into a three-year partnership under which AXA will provide £20 million of capacity.

Marsh partners in commercial blockchain solution for proof of insurance

North America17-04-2018Insurance news, Technology News

Insurance broker Marsh is launching a commercial blockchain solution for proof of insurance in collaboration with IBM, ACORD and ISN.

Monument Re acquires run-off portfolio from Belgian insurer Ethias

Bermuda, Europe17-04-2018Insurance news, Reinsurance news

Bermuda-based Monument Re, through its European subsidiary Laguna Life, has acquired a run-off portfolio of flexible premium retail life insurance contracts from Ethias, known as the First A Portfolio.

Sunderland Marine CEO steps down

UK17-04-2018Insurance news

Tom Rutter, chief executive officer of Sunderland Marine, is to retire on June 30 after nearly four decades with the company.

Showing 31 to 40 of 13310 results

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