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Compre acquires AG Insurance’s run-off book

Compre has finalised a deal to take on the insurance and reinsurance run-off books of the UK branch of Belgium's AG Insurance

Dan Ascher, 06 January 2017
Pryce appointed to Franchise Board

QBE Europe CEO Richard Pryce has been named as a non-executive director on the Lloyd's Franchise Board.

Matthew Neill, 06 January 2017
Indian brokers oppose right of refusal rules

Indian (re)insurance brokers have called for the abolition of right of first refusal rules for reinsurance business in the country, claiming the proposed regulations are anti-competitive.

Catrin Shi, 06 January 2017
Arch Capital downgraded by Moody’s on UGC completion

Moody's Investors Service has downgraded the ratings of Arch Capital following completion of its $3.4bn purchase of United Guaranty Corp (UGC) from AIG on Tuesday (3 January)

Laura Board, 06 January 2017
Taiping Re opens Japanese representative office

Chinese carrier Taiping Re has opened a representative office in Japan.

Charlie Thomas, 06 January 2017
Barbican sets up UK marine division

London market carrier Barbican's UK arm Barbican Protect has launched a marine insurance division for the UK small and medium-sized enterprise (SME) market.

Charlie Thomas, 06 January 2017
CBL acquires majority stake in SFS

New Zealand-based credit and financial risk (re)insurer CBL Corporation has completed a EUR94.5mn ($100mn) acquisition of 71 percent of Securities and Financial Solutions Group (SFS), it announced this morning

Charlie Thomas, 06 January 2017
Willis Towers Watson Asia duo departs

A brace of senior staff have left global broker Willis Towers Watson's Asian operations, The Insurance Insider can reveal.

Charlie Thomas, 06 January 2017
Kelso backs O’Farrell-Arch run-off start-up Premia Re

Former Chubb chief reinsurance officer Bill O'Farrell and Arch are set to unveil a new $500mn+ Bermudian run-off vehicle with majority backing from private equity firm Kelso & Co, The Insurance Insider can reveal.

David Bull, 06 January 2017
Assurant buys distributor Green Tree for $125mn

Specialty insurer Assurant has agreed to buy the Green Tree agency from Walter Investment Management for $125mn in cash.

Ted Bunker, 05 January 2017

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