Enterprise could pay out £101.4m more in UK claims than its administrators had predicted, largely owing to the Ogden rate hit on its motor book.
Lloyd’s Brussels has gained authorisation to continue writing insurance and reinsurance risks in Monaco following the UK’s planned exit from the European Union on 29 March.
This week, the sunshine we were blessed with last week was replaced by a more winter-appropriate grey sky and rain.
Pool Re, the UK’s state-backed terrorism reinsurer, has launched the first ever catastrophe bond to exclusively cover terrorism risk.
Exclusive: The first hearing in the case of Besso v Bloody Bay was heard today in the commercial court.
The acquisition of Markerstudy's Gibraltar-based insurance business cost Qatar Re just £37.9m once cash assets were taken into consideration.
Aspen’s chairman Glyn Jones and group CEO Chris O’Kane have stepped down, with the completion of Apollo’s acquisition of the Lloyd’s insurer.
BGC’s broking arm, which currently comprises of Ed Broking and Besso, will seek acquisitive growth in 2019.
Scor CEO Denis Kessler has slammed Covéa SGAM CEO Thierry Derez alleging that he is guilty of “repeated misconduct” and claiming he has the emails to prove it.
Beazley saw profits fall 55% last year owing to the continuing affect of natural catastrophe claims on underwriting margins.
One of the first movers in the insurtech space, Digital Partners now works with over 20 start-ups and wrote £100m of gross written premium in 2018. Its CEO Andrew Rear and chief operating officer Mark Dennis spoke to Jonathan Swift about how a…
Scor CEO Denis Kessler has hit back following a letter from activist investor CIAM accusing him of acting in his personal interests by scuppering a takeover move by Covéa and bringing a criminal suit against the French insurer.
Aon saw revenue increase by 8% in 2018, while its net income dropped by 7%.
Scor shareholder and activist investor CIAM has hit out at the reinsurer, following its issuing of legal proceedings against Covéa, its former director and Barclays and Rothschild.
Digital Partners, the Munich Re-owned insurtech facilitator, has revealed its intention to expand into Asia after hitting £100m gross written premium in Europe and America.
To celebrate the 25 years of the British Insurance Awards. Post caught up with a host of winners of the Young Achiever of the Year Award
State-backed terrorism insurer Pool Re will no longer offer contingency cover, as the commercial market believes it has the capacity to take back control.
JP Morgan Asset Management managing director, Nicholas Gartside is set to start as Munich Re’s chief investment officer on 18 March 2019.
Failed unrated insurer Gable has disputed 100 claims totaling CHF 10.9m (£8.8m) in its first bankruptcy court hearing.
Exclusive: Besso is facing an almost $10m lawsuit from a group of hotel companies in the Caribbean, after an ex-director was alleged to have concealed brokerage.
CBL Corporation shareholder Oceanic Securities PTE has filed an opposition to the application to put the company in liquidation, leading to delays for the liquidation hearing.
Insurers have welcomed a deal that will preserve cross border insurance and reinsurance contracts between the UK and US.
Andrew Draycott will take on the role of Ed Broking CEO once its acquisition by Besso owner BGC Partners is complete, while the specialty, wholesale and reinsurance broker has also revealed plans to open a Bermuda office.
The New Zealand High Court has granted a further application by CBL Corporation administrator Kordamentha to push back a watershed administration meeting to February 2019, though it is expected the corporation will be placed into liquidation.