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Armour confirms takeover by Aquiline
Legacy manager Armour has confirmed its acquisition by investors led by Aquiline Capital Partners, as reported by The Insurance Insider yesterday.
Bernard Goyder
,
03 January 2018
Hampden employee censured by Lloyd’s
Lloyd's has suspended a Hampden employee from the Society of Lloyd's and demanded proceedings costs after the employee breached controls intended to prevent the misappropriation of client funds
Charlie Thomas
,
03 January 2018
Swinton auction to kick off this month
The sale process for Covéa's UK personal lines and commercial motor broker Swinton will launch this month following management meetings with interested parties in December, The Insurance Insider can reveal.
Adam McNestrie
,
03 January 2018
Liverpool car park blaze to cost motor insurers £20mn: ABI
Motor insurers are likely to collectively pay out about £20mn ($27mn) to policyholders following a fire in a Liverpool car park, the Association of British Insurers (ABI) has estimated
Catrin Shi
,
03 January 2018
Finch joins MS Amlin as financial lines lead
MS Amlin has hired ArgoGlobal's Tim Finch as lead underwriter for financial lines to replace Andy Pecover, who resigned last September
Charlie Thomas
,
03 January 2018
AmWins acquires specialty MGA Seacoast
Wholesale giant AmWins Group has bought Seacoast Brokers, a surplus lines wholesale broker and MGA based in South Carolina.
Bernard Goyder
,
03 January 2018
Neon confirms $72mn UK ILS vehicle
Lloyd's insurer Neon confirmed it had established the first UK-based reinsurance sidecar, NCM Re, as it raised $72mn of capital for the vehicle
Fiona Robertson
,
03 January 2018
Opinion: Talking not walking
In many sports, contestants feed off public displays of confidence
David Bull
,
03 January 2018
Qatar Re confirms Markerstudy purchase
Qatar Re has confirmed plans to take over UK motor insurer Markerstudy, as first reported in The Insurance Insider.
Bernard Goyder
,
03 January 2018
Energy renewals carry lower hikes than forecast: JLT
Energy sector rate increases are likely to remain in the single digits, if that, for risks unaffected by 2017's near-record catastrophes, JLT said yesterday, adding its voice to a rising chorus of similar sentiments from analysts and market sources.
Ted Bunker
,
03 January 2018
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