News

Insurance

Ensurance enters terrorism and sabotage market with Lockton duo

Specialist managing general agency (MGA) and Lloyd’s coverholder Ensurance has launched a new terrorism and sabotage offering in the UK, with US and Australian markets to follow later this year.   14 May 2019

Insurance

Harvey likely to be costliest natural disaster for US economy

With total economic losses estimated to reach tens of billions of dollars at the minimum, Harvey is likely to become one of the costliest natural disasters on record, according to Aon Benfield’s catastrophe model development team Impact Forecasting.   9 September 2017

Insurance

Fidelis new recruit will help build terror and political violence business

New underwriter joins London team from Liberty.   26 November 2019

Insurance

Mapfre signs €82m deal with Santander to expand insurance distribution with new company

Spanish insurer Mapfre has signed a deal to invest €82 million to create a company with Santander Spain to distribute automobile, self-employed and company insurance.   1 July 2019

Insurance

R&Q acquires Bermuda reinsurer Sandell Re for $25m in cash

Insurance services and investment company Randall & Quilter Investment Holdings (R&Q) is to acquire the entire issued share capital of Bermuda-based Sandell Holdings and its subsidiary Sandell Re (SRL) for an initial cash consideration of $25 million with further amounts payable subject to certain conditions being met.   1 July 2019

Insurance

Beazley Q1 premium up 10% as pricing improves

Specialist insurer Beazley grew gross premiums written by 10 percent year on year to $631 million in the first quarter of 2018 driven by the property segment as pricing conditions improved.   10 May 2018

Insurance

Arch Re to acquire global credit and surety renewal rights from Aspen Re

Key personnel to join Arch as part of mutual agreement.   22 November 2019

Insurance

Saudi Re enjoys big increase in profits in first half of year

Saudi Reinsurance Company (Saudi Re) enjoyed a big increase in its profits in the first half of the year.   19 August 2019

Insurance

S&P praises improved underwriting discipline of Asia Capital Re

Asia Capital Re has improved its underwriting discipline and is in good shape to achieve stable growth over the next two years, according to rating agency S&P Global Ratings (S&P), which has affirmed the reinsurer’s financial strength rating at ‘A-’, and maintained its outlook for the Singapore-headquartered reinsurer at ‘Stable’.   19 August 2019

Insurance

Mental health a priority as MS Amlin partners with psychologist

Global specialty re/insurer MS Amlin has partnered with a clinical psychologist to raise awareness of mental health at work and support World Health Day.   10 April 2019

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