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Insurance
A single claims agreement party model has been launched aiming to simplify how claims within the London market are handled. 1 February 2018
Insurance
Canada-based Fairfax Financial Holdings said July 6 that it closed the acquisition of Switzerland-based Allied World Assurance Company Holdings. 6 July 2017
Insurance
XL Catlin’s London-based insurance operations have introduced a contract continuity clause which addresses the risk that contracts written prior to Brexit may become impermissible assuming passporting rights are lost as a consequence of the UK leaving the EU. 19 March 2018
article
Specialty managing general agent (MGA) Nexus Group has completed the acquisition of Altitude Risk Partners from the club-style MGA formation platform Castel Underwriting Agencies via an asset purchase. 10 September 2018
Insurance
Pioneer Underwriters, the underwriting group within Minova Insurance, has appointed Dan Watson as an underwriter in its engineering division. 5 June 2017
News
SCOR Global Life has received the approval from the Financial Services Agency of Japan (FSA) to open a branch office in Tokyo, and conduct life and health reinsurance business in Japan. 4 April 2017
Insurance
Re/insurance broker Miller has hired producer broker Ian Blick to manage and develop its energy facultative book of business. 3 May 2017
Insurance
Swiss Re is acquiring 1.1 million life insurance policies from UK financial service provider Legal & General Group for £650 million. 6 December 2017
Insurance
Swiss Re has signed a reinsurance agreement with Bansabadell Vida, the life joint venture of Zurich Insurance and Spanish banking group Banc Sabadell, to reinsure its individual life risk portfolio for an amount of €683.7 million, as a reinsurance commission. 25 July 2017
Insurance
US-based Ryan Specialty Group has entered into a definitive agreement to acquire Georgia-based wholesale insurance brokerage and binding authority N-Surance Outlets (NSO). 25 July 2017
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