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Insurance
Troubled AmTrust Financial Services said June 9 that it has entered into agreements to sell 10,586,000 shares it owns in specialty personal lines insurer National General Holdings (NGHC) for approximately $211.7 million. 9 June 2017
Insurance
Japan-based Toa Reinsurance Company (Toa Re) and Barbican Insurance Group said on Oct. 27 that they have received ‘in principle’ approval from the Lloyd’s Franchise Board to establish Toa Re Special Purpose Arrangement (SPA 6132) to be backed exclusively by Toa Re. 27 October 2017
Insurance
Independent specialty managing general agent (MGA) Nexus Group said in a statement that it has acquired specialist trade credit broker Credit Risk Solutions (CRS). 27 October 2017
Insurance
Australia-based QBE Insurance Group is replacing its group chief financial officer (CFO) Michael Ford who has assumed the role only in September 2017. 11 April 2018
Insurance
The Lloyd’s Market Association (LMA) has urged the UK government to rethink the consequences of the ‘Vnuk’ judgement, a European Court of Justice decision that broadened the scope of compulsory motor insurance. 13 April 2017
Insurance
Reinsurance broker TigerRisk Partners has appointed Michael Wade, the Crown Representative for Insurance at the UK Cabinet Office and advisor to the Chancellor of the Exchequer on issues relating to Insurance Linked Securities (ILS). 5 September 2017
Insurance
Lloyd’s syndicates will be able to get business plans approved faster in the event of the next hard market if triggered by a single big event. 19 July 2017
Insurance
DUAL, the underwriting arm of the Hyperion Insurance Group, has launched a Frankfurt and London-based mergers and acquisitions (M&A) liability team. 4 September 2015
Insurance
Verisk Analytics, a provider of property/casualty (P&C) insurance risk information, has acquired UK-based Healix Risk Rating, a subsidiary of Healix International Holdings. 17 February 2017
Insurance
Jardine Lloyd Thompson Group (JLT) has bought a specialist broker based in Belgium in a move partly designed to ensure its European clients continue to have easy access to its London Market expertise and capacity post-Brexit. 1 September 2017
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