News
Insurance
Syndicate Research Limited (SRL) has affirmed the A- (Good) Continuity Opinion of Lloyd's syndicate 2003 but has changed the outlook for the Continuity Opinion from stable to negative in light of the syndicate’s recent 5-year average performance relative to its Continuity Opinion peer group. 21 November 2018
Insurance
Allianz is acquiring the remaining 51 percent of Liverpool Victoria Friendly Society's (LV='s) general insurance business that it does not already own, for up to £578 million, and taking full owndership of Legal & General Insurance for £242 million, to become the second largest general insurer in the UK. 31 May 2019
News
Reinsurance is used increasingly for earnings protection and volatility reduction by insurers whose purchasing is guided by “risk appetite statements” deployed to optimize capital management and profitability targets, according to a survey of insurers by Willis Towers Watson. 9 July 2018
Insurance
US-based specialty insurance programme administrator NSM Insurance Group, a subsidiary of White Mountains, has acquired West Midlands-based insurance broker Fresh. 22 May 2018
Insurance
Risk management provider Artex Risk Solutions is acquiring Chandler Insurance Management, according to an Oct. 31 press release. 1 November 2017
Insurance
SafeWaters Underwriting Managers is expanding its capacity for yacht insurance with support of Everest National Insurance Company. 31 October 2017
Insurance
Australian insurer IAG's non-executive director Alison Deans is set to retire from the company’s board following the annual general meeting on 20 October 2017. 5 September 2017
Insurance
US-based Topa Insurance has named Olive Chang assistant vice president of reinsurance and programmes, based in the company's Calabasas, California office. 9 June 2017
Insurance
Cyber insurance offerings and premium volumes have expanded sizeably and accumulation risks need to be addressed in the context of a hyperconnected digital world, the Geneva Association warns. 17 August 2018
Insurance
Insurtech Bought By Many has closed a £15m Series B funding round led by CommerzVentures, the corporate venture capital arm of Germany’s Commerzbank with participation of insurance broker Marsh. 3 July 2018
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