News
Insurance
In a recent survey by Intelligent Insurer, 70 percent of respondents said that a UK referendum in favour of leaving the European Union (EU) would damage London’s role as a global hub for re/insurance and risk transfer. “It would have a negative impact on the willingness of London to deal with European clients,” said one respondent. 12 September 2015
Insurance
The Hartford’s move to acquire its close neighbour Navigators Group has taken many by surprise—but it could make good strategic sense for the company, which can now target global growth. Its aspirations for the reinsurance side of its new business will also raise a few eyebrows in the market, as Intelligent Insurer finds. 24 August 2018
Insurance
Novae Group, the specialist Lloyd’s insurance group, enjoyed a big increase in its gross written premiums (GWP) in the first quarter boosted largely new hires and new property underwriting units focussed on international and US open market business. 13 May 2015
Insurance
Specialty re/insurer Lancashire Holdings reported a net loss of $139.0 million for the third quarter compared to a net profit of $40.1 million in the same period a year ago. 2 November 2017
Insurance
AXA’s results for the first half of 2019 showed that the “strategy was paying off',' according to the French insurer’s CEO Thomas Buberl, as he called 2018 “a decisive year for the group’s transformation process”. 2 August 2019
Insurance
Insurance brokerage and risk management firm Arthur J Gallagher has acquired Houston-based retail property/casualty broker Integrity Transportation Insurance Agency. 10 April 2018
Insurance
Bermuda-based Randall & Quilter (R&Q) is growing in legacy acquisitions and programme underwriting management and CEO Ken Randall prepared the market for upcoming new transactions. 30 April 2018
Insurance
Fidelis Insurance Holdings has formed a new Bermuda-domiciled special purpose insurer, which it plans to use to provide collateralised capacity support for Fidelis’ reinsurance portfolio. 4 June 2018
Insurance
McLarens, a global loss adjusting firm specialising in complex and commercial claims, has hired Stuart Crofton from Cunningham Lindsey as head of its property loss adjusting division in Australia. 4 June 2018
Insurance
Mitsui Sumitomo Insurance Group (MSIG) at Lloyd’s has appointed Magnus McGurk as manager of its Glasgow branch. 6 October 2014
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