A Shariah-compliant underwriting agency has been launched in the London market with the financial backing of Capita and the Bank of London & Middle East, and capacity provided by XL.
Lloyd's-based Cobalt Underwriting aims to provide Shariah-compliant insurance and reinsurance products globally. Its initial underwriting focus will be on property cover, with a maximum capacity of up...
Sitting in my front room on Saturday morning I took a phone call from a claims management company.
Elite Insurance has reported strong H1 results for 2016, with a 140% increase in pre-tax profit and a 20% increase in net assets.
XL Innovate has made a "significant investment" in peer- to-peer insurance company Lemonade.