News

Insurance

Insurance market in Russia bounces back but threats remain: AM Best

Russia's insurance market has reached a positive turning point as premiums grew in 2018 driven by life and non-life products, however, credit ratings agency AM Best warned that the recovery was “fragile” as threats remain.   18 July 2019

Insurance

Iberian MGA launches, supported by PartnerRe Wholesale

Iberian Insurance Group (IIG), a specialist managing general agent (MGA), has been launched to focus on the growing small to medium-sized (SME) insurance market in Spain.   17 March 2015

Insurance

ANV unveils MPL team

ANV Underwriters, the managing general underwriter (MGU) segment of speciality insurance group ANV, has launched a North America miscellaneous professional liability (MPL) product and team.   23 July 2015

Insurance

Pan-African reinsurance group secures capacity in partnership with GIC and Peak Re

The group confirms plans to increase its lines to include political violence and terrorism, liability, construction, and parametric covers.   15 February 2021

Insurance

Broker Network acquires Thompson & Richardson

UK’s network for independent insurance brokers is extending its regional footprint with the acquisition of Lincolnshire-based Thompson & Richardson.   13 December 2017

Alternative Risk Transfer

Lloyd’s agencies eager to embrace ILS

Lloyd’s agencies want insurance-linked securities (ILS) as a permanent re/insurance market fixture, according to a survey by the Lloyd’s Market Association (LMA).   14 August 2018

News

Swiss Re CEO, CFO praise diversification away from P&C reinsurance

While presenting a sharp drop in profit for 2017 due to heavy natural catastrophe losses, Swiss Re CEO Christian Mumenthaler and chief financial officer David Cole praised the reinsurer’s diversification strategy away from P&C reinsurance which Swiss Re wants to further develop.   26 February 2018

Insurance

Nexus hires former Towergate exec as CFO

Specialty managing general agent (MGA), Nexus Underwriting, has appointed Stuart Rouse as chief operating officer (COO) and chief financial officer (CFO).   23 April 2015

Insurance

Brit invests in Ambridge Partners

Re/insurer Brit has invested in Ambridge Partners, a managing general underwriter (MGU) of transactional insurance products and a key trading partner of Brit for the past nine years.   24 September 2015

Insurance

ERS profits damaged by poor investment income

ERS, the specialist motor insurer and Lloyd’s managing general agent (MGA) has reported a dip in its 2015 profits – down to £6 million, compared with £8.3 million in 2014.   19 February 2016

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