BP Marsh & Partners announced this morning that its wholly-owned subsidiary, BP Marsh & Company, has sold 1 193 500 shares (2.75%) in Hyperion Insurance Group for a cash consideration of £4.5m.
Lloyd's/London |
17 May 2012
Loss adjusting and claims management company Merlin has started a redundancy consultation with 70 staff as part of a wide-ranging review.
Claims |
16 May 2012
London's bid to elevate its appeal and competitive edge for financial services businesses deciding on the best domicile may still be subject to speculation on likely success, but the lure of Lloyd's is undeniably as strong as ever to international...
Lloyd's/London |
01 May 2012
Market players credited with an interest in launching initial public offerings inside the next two years have been warned against attempting to float amid unfavourable conditions, where value is at rock bottom.
Insurer |
01 May 2012
Cooper Gay Swett & Crawford has confirmed that the broking group's chief executive, Toby Esser, is in talks with potential private equity investors, although no deals have been struck yet.
Insurer |
25 Apr 2012
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Direct Line Group bosses have expressed their "delight" after more than 40 financial institutions declared their support for the firm’s £500m planned subordinated debt issuance.
Insurer |
24 Apr 2012
This week two of the UK's insurance powerhouses made announcements that, although very different in their nature, aimed to position the respective firms for the future.
Insurer |
24 Apr 2012
Private equity-backed loss adjuster Davies has bought liability and construction specialist Ufton Associates.
Claims |
20 Apr 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Insurer |
18 Apr 2012
Am Wins has today revealed a growth-oriented recapitalisation partnership with New Mountain Capital in a deal worth approximately $1.3bn (£820m).
Insurer |
17 Apr 2012
Your one-stop-shop for all the news in the European, Asian and Middle Eastern insurance markets
A new wave of private equity investment is entering the insurance market on the back of tougher bank lending terms. But is it here to stay?
Insurer |
17 Apr 2012
Underwriting agency Iprism has moved into profit for the financial year ended 31 December 2011, according to filings at Companies House.
Broker |
03 Apr 2012
Outgoing Barbon Group CEO Martin Oliver is to return to the personal lines market as UK CEO of the Allen & Allen Group.
Personal |
02 Apr 2012
Cunningham Lindsey boss Phil McNeilage has told staff the decision by investors to cash in their majority stake is “highly unlikely” to lead to the loss adjusting giant falling into the hands of a market rival.
Insurer |
27 Mar 2012
LAS Claims Management has completed its first acquisition since its private equity-backed management buyout from Lanes Group Plc in 2010.
Claims |
12 Mar 2012
Horseracing-mad Dominic Burke has huge ambitions for JLT, with a firm focus on international expansion, and he scotches...
Despite 2012 losses being only 12% of the annual average to date, a single incident could flip the market, says David...
Updating your subscription status
To achieve a sustainable profit, personal lines insurers need to transform their retention rates, using modern communications techniques to engage with customers and understand their individual needs. This white paper is based on a specially commissioned study involving 42 senior managers at UK and Irish insurers.
The complex patchwork of legislation and guidance governing work equipment risks in the UK is an administrative monster that many businesses struggle to wrestle with successfully. It takes significant levels of technical expertise and resources to understand and effectively navigate the maze of legal requirements, and this problem grows increasingly unwieldy for smaller organisations with limited manpower and finances.
Post |
24 May 2012
Post |
24 May 2012
Post |
24 May 2012
Post |
24 May 2012
Post |
24 May 2012
Editor's comment: Fleeing the family nest
This week’s deal developments read like two coming-of-age literary fables written to reward hard work and endeavour, while...