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Helios agrees to acquire Nottus No 51

Aim-listed Lloyd's carrier Helios Underwriting has agreed to acquire Nottus No 51, a limited liability member of Lloyd's, for £964,500 ($1.2mn) in cash

Charlie Thomas, 09 June 2017
Opinion: ProSight at Lloyd’s

ProSight has called time on its Lloyd's business and has put Syndicate 1110 into run-off

Adam McNestrie, 09 June 2017
Brexit will trigger capital flight from London: JLT

London will see rapid capital flight if the UK government is unable to swiftly secure passporting rights into the EU, according to JLT International Network managing director Rory MacLeay.

Laura Board, 09 June 2017
Mapfre Global Risks to launch UK retail operation

Mapfre Global Risks' (MGR) London hub is to build a UK retail business serving mainly upper-midmarket companies, according to Chris Smith, chief regions and markets officer for MGR's international business.

Laura Board, 09 June 2017
ProAssurance unit buys $13.3mn WC platform

ProAssurance’s Eastern Alliance unit is acquiring the operations of Great Falls Insurance Company to provide it with a platform to expand in New England.

Ted Bunker, 09 June 2017
AmTrust sells NatGen shares to net $212mn

AmTrust sold about 86 percent of its stake in sister company National General Holdings, a US personal lines insurer, as the embattled specialty carrier works to shore up its balance sheet.

Ted Bunker, 09 June 2017
Lloyd’s issues market circular on ProSight run-off

Lloyd's has formally notified the market of ProSight's decision to put Syndicate 1110 into run-off

Catrin Shi, 09 June 2017
JLT recruits Aon consultant Purdy in Houston

JLT Specialty USA has recruited senior risk management and claims consultant Mark Purdy from Aon's Houston office, as the broker continues to expand its US regional business.

Bernard Goyder, 09 June 2017
IAG buys $750mn cat cover after losses

The Australian carrier IAG has added a new A$1bn ($754mn) top layer to its A$7bn catastrophe reinsurance treaty, in an active year for local catastrophe losses.

Bernard Goyder, 09 June 2017
AmTrust sells $212mn stake in NatGen

AmTrust has struck a deal to offload most of its 11.5 percent stake in US personal lines insurer National General Holdings Corp (NGHC), as the embattled insurer works to shore up its balance sheet.

Bernard Goyder, 09 June 2017

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