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BC Partners takes majority stake in Davies
Existing investors HGGC and Aimco will retain minority holdings after a deal which reportedly values the insurance services provider at £1.2bn.
Rachel Dalton
,
16 March 2021
Tokio Marine, IAG and Suncorp on CBA GI unit shortlist: reports
QBE is said to be a fourth potential bidder.
Anna Sagar
,
16 March 2021
Reinsurer dividends: Tactics diverge in growth year
Hannover Re has emerged as an outlier by reducing its overall 2020 dividend, but its growth plans may alleviate disappointment about the policy.
Rachel Dalton
,
16 March 2021
CFC to acquire Insane Technologies
The MGA aims to improve its cyber claims and incident response abilities through the deal.
Rachel Dalton
,
16 March 2021
AM Best requests comment on new delegated authority methodology
Written comments should be submitted by email by 3 May and the draft methodology is available online.
Anna Sagar
,
16 March 2021
Berkshire Hathaway opposes shareholder call for group-wide climate disclosure
The board says each business should be individually responsible for managing the associated risks and opportunities.
Anna Sagar
,
16 March 2021
Swiss Re plans to phase out thermal coal underwriting by 2040
The reinsurer accelerates its retreat as part of a new set of targets to achieve net-zero emissions by 2050.
Anna Sagar
,
16 March 2021
S&P upgrades Zurich Insurance rating to AA
The ratings agency said Zurich Insurance’s financial performance was “sustainably improved” and gave the rating a stable outlook.
Anna Sagar
,
16 March 2021
Near 60% of Bermuda P&C insurers have not adapted strategy for climate change
A survey from the Bermuda Monetary Authority found almost 60% of P&C insurers have not changed their business strategy in response to climate change.
Fiona Robertson
,
16 March 2021
Steamship Mutual and Axis join forces to offer cyber marine cover
The insurance coverage aims pay for the costs of a vessel being put out of service by cyber attacks.
Bernard Goyder
,
16 March 2021
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