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Insurance
The shift in the personal injury rate is a clear negative for the short-term earnings and capitalisation of UK insurers, particularly those with large motor portfolios, AM Best said in a statement. 1 March 2017
Insurance
Barbican Protect, the UK insurance arm of Barbican Insurance Group, has appointed Richard Smith as a property package underwriter. 1 March 2017
Insurance
US-based Fifth Third Insurance Agency has signed an agreement to acquire RG McGraw Insurance Agency that specialises in property/casualty insurance and risk management analysis for personal lines and commercial lines. 1 March 2017
Insurance
Strong growth in its risk and insurance unit, which comprises JLT Re and JLT Speciality, help Jardine Lloyd Thompson Group post a solid set of results for 2016 with both growth and improved profits despite what it called challenging trading and economic conditions. 28 February 2017
Insurance
Randall & Quilter Investment Holdings (R&Q), the non-life insurance and investment specialist, has conditionally raised £16.9 million through a placing of new ordinary shares, which it plans to use to boost its operations in Malta and the US and to make further acquisitions. 28 February 2017
Insurance
American International Group (AIG) has appointed Rose Marie Glazer as vice president, deputy general counsel and corporate secretary. She succeeds Jeffrey Welikson, who is retiring. 28 February 2017
News
Bermuda-based Arch Reinsurance has formed a new entity called Arch Underwriters (Gulf) which is based in the Dubai International Financial Center (DIFC). 28 February 2017
Insurance
Specialist Lloyd's insurer Neon has expanded its property insurance team with the appointment of Sam Yates and Jonathan Powell. 27 February 2017
Insurance
Bermuda-based specialty re/insurer Argo Group has partnered with Marine Underwriters of America (MUA), to underwrite a suite of physical damage and liability products for recreational marine businesses. 27 February 2017
Insurance
Asta, a third-party managing agent at Lloyd's, has announced its investment in a new London and Dubai reinsurance managing general agency (MGA) Arma Underwriting. 27 February 2017
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