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UK Defence records 25 percent premium increase for claims year

The P&I club said that both its combined and loss ratios improved.

John Hewitt Jones, 13 July 2018
HIIG agrees to buy surety insurer Boston Indemnity

The carrier makes the deal despite hiring Credit Suisse to advise on its own full or part sale.

Laura Sanicola, 13 July 2018
Liberty Mutual prepares Pembroke for sale

The Lloyd's platform will join a growing list on the auction block when marketing begins later this year.

Adam McNestrie, 13 July 2018
Allied World’s Bertagna to lead MGA unit at Zurich

Zurich said the MGA market represented a significant business opportunity for the firm to access different portfolios and expertise.

Catrin Shi, 13 July 2018
Ex-DAS CEO receives 7 years for fraud

The former head of the Munich Re-owned business is disqualified from being a company director for 12 years.

John Hewitt Jones, 13 July 2018
Allianz’s Baete sticks with ‘merger of equals’ credo

The CEO of the German carrier says he will unveil a new strategy in November.

Matthew Neill, 13 July 2018
Securities lawsuits draw fire as a means to extract money from businesses for good reason

That lawyers use the legal system to extract money from businesses is really nothing new – complaints about class-action lawsuits from business executives and bankers have cropped up off and on for many decades.

Ted Bunker, 13 July 2018
A shift in the balance of earnings from underwriting to investment call into question P&C stocks' reputation as defensive

Is the P&C (re)insurance industry gradually losing its defensiveness? A defensive stock is one less correlated to the broader market due to lower macro-sensitivity, typically companies like consumer non-discretionary companies and utilities.

Iulia Ciutina, 13 July 2018
Muted interest predicted before first-round Beaufort bid deadline

Enthusiasm for the $210mn-premium syndicate could prove elusive next week, banking sources say.

Adam McNestrie, 13 July 2018
Surplus line reform pace picks up speed in US states

After a slow start, three states enacted reforms last year and three have done so in 2018.

Ted Bunker, 13 July 2018

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