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XL has introduced a new standalone terrorism insurance policy in the US to help businesses address potential gaps in coverage provided by the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA). 2 December 2014
Insurance
Marine insurer Skuld has been granted ‘in principal’ approval by Lloyd’s to write non-marine business via its Lloyd’s syndicate 1897. 9 September 2015
Insurance
AM Best has downgraded the financial strength rating (FSR) of Russian Re from B+ (Good) to B (Fair) of Russian Reinsurance Company (Russian Re). The outlook for this rating has been revised from to stable from negative. 25 July 2016
Insurance
One in four insurers may struggle to meet solvency capital ratio (SCR) standards in a prolonged low yield scenario. 1 December 2014
Insurance
The increasing use of technology to gather data and improve risk assessment is set to move business from retail insurers to commercial insurance providers—a transition that will also benefit reinsurers. 24 October 2016
Insurance
Enstar, the run-off and insurance consultancy, posted a solid set of results for 2014, with an increase in its net earnings despite losses at its subsidiary Torus Insurance. 3 March 2015
Insurance
Arthur J. Gallagher (AJG) has acquired two New Jersey wholesale brokers. 3 March 2015
Insurance
Catastrophe risk modelling firm AIR Worldwide has unveiled plans to build an advanced cyber risk model. 14 September 2015
News
PartnerRe Wholesale, the wholesale division of PartnerRe, has appointed Elizabeth Ilott as underwriting manager. 28 November 2014
Insurance
LCL Acquisitions, a subsidiary of insurance services provider Charles Taylor, is to sell its holding in Bestpark International, an insurance company in run-off, to Ashbrooke Financial Group. 5 October 2015
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