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US hemp farmers given access to crop insurance
Crop insurance provisions were included in the $867bn Farm Bill signed into law by President Trump.
Christie Smythe
,
21 December 2018
Platinum Partners receiver sues Beechwood Re affiliates
Platinum Partners is facing civil and criminal fraud cases, and Beechwood Re is also facing numerous lawsuits.
Marissa Page
,
21 December 2018
Orchid Underwriters sold to PE-firm TowerBrook
Gryphon will maintain a significant equity stake in Orchid after the deal closes.
Laura Sanicola
,
21 December 2018
AM Best gives Ascot A rating
The ratings agency’s announcement applies to both Ascot Insurance and Ascot Specialty.
Marissa Page
,
20 December 2018
Ogden reform bill receives royal assent
The Association of British Insurers calls for a speedy decision on the new discount rate.
Laura Board
,
20 December 2018
Lloyd’s confirms 2019 broker e-placing targets
Intermediaries will be forced to place business electronically or face losing accreditation.
John Hewitt Jones
,
20 December 2018
Hannover Re agrees new private placement at IG renewal
The German reinsurer will take a 10 percent share of losses in the first layer of the group’s reinsurance programme.
John Hewitt Jones
,
20 December 2018
Compre purchase of Generali books approved
Clearance from the Italian regulator marks the final stage of the year-old run-off agreement.
Rachel Dalton
,
20 December 2018
US, UK officials sign covered agreement
The deal safeguards reinsurance arrangements agreed between the US and the EU after Brexit.
Laura Board
,
20 December 2018
Ironshore’s London specialty casualty team departs
The team in London was led by Graeme McGeachie.
Catrin Shi
,
20 December 2018
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