News
RSA legacy sale to bolster its Solvency II position
RSA will use the sale of its legacy assets to further bolster its Solvency II position, according to its chief financial officer.
LV Broker partners with Una to develop products
Lv Broker has joined the partner panel of Una to collaborate on new products.
GRP expands regional presence with Higos acquisition
Global Risk Partners will acquire commercial and personal lines broker Higos Insurance Services for an undisclosed sum.
RSA disposes of £834m UK legacy book
RSA has agreed to dispose of UK legacy insurance liabilities worth £834m to the Bermuda-based Enstar Group.
Singapore employee benefits broker links with Fosun for China push
Singapore-based employee benefits firm the CXA Group is linking up with Fosun-owned Shanghai Zhongheng Insurance Brokers.
Berkshire Hathaway Specialty to open London office
Berkshire Hathaway Specialty Insurance is to open an office in London and has appointed executives to its property lines, executive and professional liability and claims divisions.
ABI and Apil give evidence in parliament over whiplash
Insurers and lawyers went head to head over whiplash reform at a Parliamentary committee hearing this afternoon.
Hiscox backs cyber capacity for Towergate MGA Fusion
Towergate-backed managing general agent Fusion has launched a cyber and data product offering limits of up to £5m.
Ex-Autofocus employees accused of 'industrial scale' perversion of justice
Seven former employees of Autofocus were accused of doctoring credit hire rate evidence to defend insurers in court.
FSCS refunds 75% of Enterprise customers
Three out of four former policyholders of Enterprise have been compensated by the Financial Services Compensation Scheme.
Argo completes Ariel Re deal
Bermuda-based Argo has closed its acquisition of Lloyd's insurer Ariel Re.
Munich Re sees profits slip owing to major losses
Munich Re has seen full year profits decline by 16% owing to storm and earthquake claims in the last quarter.
Insurers must promote terrorism insurance outside of cities: Pool Re
Insurers must promote terrorism insurance to small and medium size enterprises and those outside of London, according to the latest threat report from Pool Re.
Autofocus trial over 'widespread perversion of justice' begins
A trial against seven former Autofocus employees for contempt of court began today at the Royal Courts of Justice.
Ten more insurance firms join Blockchain pilot
Ten more insurance companies have joined a pilot scheme to test the impact of Blockchain on the industry.
Principal Insurance reports profits surge
Manchester-based Principal Insurance has reported full-year pre-tax profits of £327,109.
AI is strong driving force behind Allianz claims restructure
Allianz is set to make way for the use of artificial intelligence in its motor claims business following its decision to restructure.
Motor premiums will ‘inevitably’ rise owing to discount rate changes
Motor premiums will “inevitably” rise again owing to potential changes to the discount rate, insurers have warned.
Brit appoints programmes VP
Brit has appointed Tim Chesson as senior vice-president of programs for Brit’s US Global speciality business.
Beazley acquires Creechurch Underwriters
Beazley has expanded its Canadian footprint with the acquisition of specialist managing general agent, Creechurch Underwriters.
XL's Jadine and Brit's Wilson join LMG board
The London Market Group has appointment Paul Jardine, executive vice president and chief experience officer of XL Group and Matthew Wilson, Group CEO of Brit, to its board.
Insurtech firm Risk Solved secures Ezee director investment
Specialist insurtech firm Risk Solved has secured investment from Nikki Daniels, director of Ezee Insurance Solutions.
Post People 6 - 10 February
Check out this week's market moves.
India eyes investment and IPOs for five insurers
India could launch IPOs for up to five state owned insurers this year.