Scor launched a three year contingent capital facility in form of a contingent equity line, providing the group with €300m (£254.6m) coverage in case of extreme natural catastrophe or life events impacting mortality.
UK-based insurtech startup Cuvva has raised £15m in series A funding round as it prepares to launch a pay-monthly product at the beginning of next year and disrupt the existing insurance status quo
Finch and ICB Group will merge and rebrand under the name of their French parent company, Verlingue.
Broker A-Plan paid Zurich £16.48m for Endsleigh when it completed the deal to buy the specialist broker in March last year.
A-Plan will be opening its 100th office within the next two months, CEO Carl Shuker told Post.
This week, Transport for London has revoked Uber’s licence to operate in London, causing fear among the capital residents who often rely on the app-based service to get them home safely after a night on the town.
Markerstudy has restructured its £240m plus loan with Qatar Insurance Company in a move the company said was a long-term solution “providing security to customers and suppliers”.
Watchstone has been served a letter before action by law firm Harcus Parker, on behalf of shareholders who suffered a loss when the company (then Quindell) was forced to revise its 2013 accounts.
Gallagher is poised to snap up the remaining 80% of Capsicum Reinsurance Brokers, having signed heads of terms with the business.
Specialist Risk Group has a "well thought out target list" of firms and will continue to seek acquisitive growth after buying jewellers' block specialist broker David Codling and Associates, its chief financial officer Charlie Love told Post.
Chubb has promoted Jason Keen to division president of Chubb Global Markets following the departure of Matthew Shaw to Tokio Marine Kiln.
Davies Group has made two senior appointments, as it revealed a jump in Ebitda and revenue for the year ended 30 June 2019.
Ex-Axa and One Commercial leader Mike Keating is heading up managing general agent Qlaims Insurance as it launches with a claims advocacy service for commercial insurance brokers.
Group CEO of Integro Group Holdings Andrew Behrends is leaving the company on 31 December for personal and family reasons, the business has confirmed.
The Ardonagh Group has appointed Graeme MacMillan as CEO of product and distribution management within Ardonagh Portfolio Solutions joining from Aviva.
Auto Windscreens has launched drop-in sessions to support staff to offset their personal motoring and transport CO2 footprints through British Petroleum’s Target Neutral programme.
Ardonagh CEO David Ross has asserted the business's commitment to independence and revealed that while the firm’s court case victory over Gallagher did not come as a surprise the episode left him “a little bit heartbroken and incredibly sad”.
Ecclesiastical has appointed Richard Coleman as managing director of Ecclesiastical’s UK general insurance business.
Ardonagh Group has a list of 146 potential acquisitions, which it reviews at a fortnightly investment committee, according to CEO David Ross.
Aviva is targeting a general insurance combined operating ratio of 93%-95% by 2022, according to general insurance CEO Colm Holmes.
Direct Line Group will look to save over £50m in costs before 2022, it said in a trading update.
Ardonagh has posted a loss of £67.7m for the first nine months of 2019, up from £48.9m in the same period of last year.
Direct Line Group will see £10m in claims from flooding in the North of England, its early estimates suggested.
Aon is to buy insurtech Coverwallet, in a deal that is expected to close in the first quarter of 2020.