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Insurance
Arthur J. Gallagher & Co will acquire specialist UK insurance broker Stackhouse Poland Group in a deal expected to close in the first quarter 2019. 7 January 2019
News
XL Group’s reinsurance segment has appointed Emmanuel Jacquemin as general manager of its operations in Colombia. He will be based in the company’s Bogotá office. 11 September 2014
Insurance
Insurers are facing a profitability squeeze and are increasingly looking to their investment portfolios as a larger component of profitability, according to a study commissioned by BlackRock. 26 September 2017
Insurance
Towergate owners HPS Investment Partners (HPS) and Madison Dearborn Partners (MDP) plan to bring together their UK regional network of businesses, which also includes independent van insurance broker Autonet, private medical insurance brokerage provider Chase Templeton and insurance solutions Ryan Direct Group. 9 May 2017
Insurance
AXIS Capital Holdings has made two appointments within the US Programs, property and casualty team of its AXIS Insurance business unit. 12 October 2017
Insurance
Technology will be the key to making the insurance industry more accessible—but the pace of innovation must also match the opportunity and demand, Gerry Tighe, head of treaty, Matrix Insurance & Reinsurance Brokers, told Monte Carlo Today. 9 September 2018
Alternative Risk Transfer
The spate of heavy losses in 2017 and 2018, compounded by ‘loss creep’ as some funds struggled to post accurate loss estimates, seems to have made ILS investors pause for thought, with many being much more circumspect as to where to place their money. Intelligent Insurer investigates. 13 February 2019
Insurance
The Central Bank of Ireland has issued a direction to New Zealand’s insurer CBL to cease writing business with immediate effect through its European arm CBL Insurance Europe (CBLIE), according to a Feb. 19 press release. 20 February 2018
Insurance
AM Best has assigned a Financial Strength Rating (FSR) of B (Fair) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “bb+” to UK-based Folgate Insurance Company. The outlook assigned to these Credit Ratings (ratings) is stable. 22 November 2018
Insurance
The majority of general insurers should consider outsourcing their actuarial function as they prepare for Solvency II, according to OAC Actuaries and Consultants. 13 August 2014
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