Principle Insurance Holdings, parent company of the UK’s first Shariah compliant insurance group, has confirmed the conditional sale of its subsidiaries, Principle Insurance Company and Principle Marketing Services, to Al Salam Group Holding Company – a member company of the Kuwait-based Al Madina Group – for an undisclosed sum.
The Principle Group, which traded under the Salaam Halal insurance brand, was originally authorised by the Financial Services Authority in April 2008 and entered into solvent run-off in October 2009....
Lloyd's said setting up a single EU subsidiary or a network of branches across several EU countries are two potential post-Brexit strategies enabling the Market to do business in the European Union if passporting rights cannot be maintained.
Specialist motorcycle insurance broker Carole Nash has entered into a partnership with Bonhams Collectors’ Motorcycle Department.
A London bus burst into flames outside the offices of A-Plan Insurance in Kingston.
This week's cyber-attack on Talk Talk and Post Office broadband will see a higher uptake in cyber policies, according to experts.