Private equity house CBPE Capital has pledged that extra capital will be available to fund acquisitions following the completion of its takeover of UK-based legacy specialist Compre for an undisclosed sum.
The chief executive of RSA Ireland has resigned after claiming that recent allegations of serious financial irregularities at the insurer had caused great strain to him and his family.
Randall & Quilter Investment Holdings has acquired the entire issued share capital of Guernsey domiciled captive insurer Woodcroft Insurance Company.
The top five European stories from www.insuranceinsight.com over the past seven days.
Randall & Quilter Investment Holdings has effected a novation of policies from Guernsey-domiciled captive insurer SL Insurance to R&Q Insurance.
Litigation and dispute resolution specialist Kennedys has appointed Hugh Kennedy as a partner in its Dublin office.
Arc Legal Assistance has launched a dedicated haulage legal expenses product in Ireland, as part of a new scheme and a distribution deal with Wright Insurance Brokers.
David Coupe, a former partner at Clyde & Co and Ince & Co, has launched EC3 Legal, a new City law firm focused on representing the intermediated insurance market.
The market has been responding to the news that The Prudential, one of the UK's oldest insurance companies, may re-domicile abroad, due to a lack of clarity over how Solvency II will affect its business.
Argo Group International Holdings has formed a new insurance company in Malta - Argo Global SE – the first insurance Societas Europeas (SE) established in the country.
Willis has declared that it saw a double-digit decline in the Willis UK and Ireland retail business in the fourth quarter of 2011.
Well 2011 certainly was a challenging year for the global insurance sector. The natural catastrophes in Australia, New Zealand, Thailand and Japan caused massive claims.
The risk management association of Malta was the second new organisation to be admitted to the Federation of European Risk Management Associations last year. Marm president John Schembri spoke to Francesca Nyman about joining Ferma, Malta’s changing…
Chubb Insurance has expanded its commercial insurance team in Ireland with two hires.
Quinn Group founder Sean Quinn has been ordered to pay the former Anglo Irish Bank €417m (£358m) by the High Court in Dublin.
Marsh has become the first Manx insurance broker to achieve chartered insurance broker status from the Chartered Insurance Institute.
Ratings service Standard & Poor’s has reaffirmed its view of Guernsey’s financial and economic stability after giving the territory the highest rating possible against its newly revised technical scoring methodology.
The supervisory systems operating in Switzerland, Bermuda and Japan are largely equivalent to Solvency II, but not for all classes, according to the European Insurance and Occupational Pensions Authority.
As businesses become increasingly global Roger Potts explains that brokers must make sure their knowledge of their clients is detailed enough to ensure the correct business interruption cover is in place should the worst happen.
Torrential rainfall has caused widespread damage on both sides of the Irish Sea, with Dublin suffering the worst of the impact.
Chubb Insurance Company of Europe has appointed Jon Nottingham, sales and marketing manager UK & Ireland.
Global broker Willis Group has appointed Daniel Wilkinson as the new CEO of Willis United Kingdom & Ireland.
Jardine Matheson’s bid to increase its stake in broker JLT by buying 10% of the company got more than 85% support from the other shareholders.
Insurance Insight’s weekly update is live with an article on how brokers need to be up to date on the cyber risks their customers are facing; and a feature of how Lloyd’s of London has spread its each across Europe.