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Insurance
Pen Underwriting, the subsidiary of global insurance broker Arthur J Gallagher, has launched an enhanced coverholder proposition for delegated commercial lines business, following a comprehensive review of its service and support framework.   2 February 2016
Insurance
Ashmere Insurance Company (AIC), a Florida-based workers’ compensation specialty insurance company placed itself into voluntary runoff after learning that its reinsurance treaties could not be renewed.   30 August 2018
Lloyd’s PPL hits 50,000 bind overs in ‘watershed moment’
Insurance
Lloyd’s of London PPL board declared a “watershed moment” as it reported that more than 50,000 risks have been confirmed covered on the digital PPL system.   5 April 2019
Alternative Risk Transfer
Vario Global Capital, the venture unveiled just before the Monte Carlo Rendez-Vous in 2015, which has been working on developing a ‘whole portfolio’ insurance-linked securities (ILS) product as a capital management tool for insurers, intends to open its first fund to investors in 2017, its founding partner told Monte Carlo Today.   11 September 2016
Insurance
Re/insurance broker Aon has made several organisational changes within its global reinsurance clients team co-led by Brad Melvin and Bruce Selby Bennett, in a move it hopes will help better align and integrate with the wider firm, and increase value to its clients.   17 May 2019
Insurance
Brexit could yet cause insurers and reinsurers in the UK and the EU a number of problems including a drain of talent and intellectual property from London, and firms ending up in limbo, in the increasingly likely case of the UK’s leaving the EU without a deal.   8 September 2019
Insurance
The island’s government takes financial crime ‘very seriously’.   28 November 2019
Insurance
Insurer Allianz has acquired a 51 percent share in the Philippine National Bank’s (PNB) life insurance subsidiary.   24 December 2015
Insurance
Road Halo, a UK motor prosecution insurance specialist, has partnered with legal expenses insurance firm Arc Legal to create a distribution model for motor prosecution defence insurance cover, enabling it to be provided either as an add-on or a standalone product.   1 April 2016
Insurance
RSA Insurance Group has hired the former CUO for Zurich’s commercial business for its UK and international business.   21 September 2018

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