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Access General ordered to halt California operations
Access General's California operation faces a cease and desist order from state Insurance Commissioner Dave Jones, who says the non-standard auto specialist has failed to maintain its required capital base and could be taken under state control.
Ted Bunker
,
09 March 2018
Access General ordered to halt California operations
Access General's California operation faces a cease and desist order from state Insurance Commissioner Dave Jones, who says the non-standard auto specialist has failed to maintain its required capital base and could be taken under state control.
Ted Bunker
,
09 March 2018
Opinion: M&A open season
It's open season in the insurance carrier M&A arena.
David Bull
,
09 March 2018
Aspen drafts in JP Morgan alongside Goldman
Aspen’s board of directors has retained JP Morgan alongside “house” bank Goldman Sachs to advise the carrier on its alternatives as M&A speculation in Bermuda hits fever pitch, The Insurance Insider can reveal.
Adam McNestrie
,
09 March 2018
Allianz names Iberia CEO as digital innovation leader
German carrier Allianz has established a new management board division to oversee innovation and has appointed Iván de la Sota to head the business.
Laura Board
,
08 March 2018
LMA names new marine committee members
The Lloyd's Market Association has added three members to its marine committee following a ballot of managing agents.
Rachel Dalton
,
08 March 2018
Arnott joins Securis in Bermuda
Simon Arnott has joined insurance-linked securities manager Securis Investment Partners as head of origination for Bermuda and the US, based in Bermuda, sources told sister title Trading Risk.
David Bull
,
08 March 2018
UK trade credit market showing signs of hardening
A spate of losses in the UK trade credit market has led some in the sector to be optimistic on increased rates.
Bernard Goyder
,
08 March 2018
Sanlam to acquire Saham Insurance in $1.1bn takeover
Johannesburg-listed financial services company Sanlam is to take full ownership of an insurance joint venture with Morocco's Saham in a $1.05bn deal.
Bernard Goyder
,
08 March 2018
Suncorp sells Tower stake to Bain distressed debt specialist
Australia's Suncorp has said its Vero Insurance unit in New Zealand has agreed to sell its 19.99 percent stake in abortive bid target Tower to Bain Capital Credit
Laura Board
,
08 March 2018
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