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Markel International simplifies structure in Spain
Markel International has restructured its underwriting operations in Spain into just two units and appointed Jaime Romero as its most senior underwriter, the carrier announced today (27 June).
27 June 2016
QBE prepared to renew EU premiums outside UK
Sydney-headquartered carrier QBE Insurance Group today (27 June) warned it may ultimately need to renew some £500mn ($683mn) of (re)insurance premium currently sourced from EU member countries outside the UK if passporting rules are not preserved.
27 June 2016
National General to pay $165mn for auto insurer Direct General
National General has agreed a deal to buy Elara Holdings, the parent of Southeast US-focused non-standard auto company Direct General, for around $165mn.
David Bull
,
24 June 2016
Ironshore gets AM Best reprieve ahead of IPO
Ironshore has received a significant boost today (24 June) after AM Best affirmed its ratings and removed them from under review with negative implications.
David Bull
,
24 June 2016
Cathedral hires D&F reinsurance underwriter
Lancashire's Lloyd's managing agent Cathedral has appointed Matthew Narbett to write property direct and facultative (D&F) reinsurance business, the carrier announced today (24 June)
24 June 2016
IUA: London will weather Brexit
The International Underwriting Association (IUA) has issued a rallying call to the London market, calling it resilient and well positioned to respond to the result of the UK referendum.
24 June 2016
American Club NEP falls but underwriting strong
Protection and indemnity marine mutual the American Club has reported a 14 percent decrease in net earned premiums (NEP) for 2015 following a challenging year for the shipping industry.
24 June 2016
RSA names non-executive director
UK carrier RSA has appointed Isabel Hudson as a non-executive director as of 1 August, it announced today (24 June)
24 June 2016
Perils cuts Eva-Frank loss estimate to £538mn
Modelling agency Perils' latest insured loss estimate for storms Eva and Frank is £538mn ($797mn), down 7 percent from its previous projection
24 June 2016
Nelson: Lloyd’s equipped to operate in new environment
Lloyd's chairman John Nelson has issued a statement in the wake of the UK's EU referendum result, with a clear message that business will carry on as usual
24 June 2016
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