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Second tranche of SIMR delayed as deadline looms

The UK's Prudential Regulation Authority (PRA) has admitted that parts of the Senior Insurance Managers Regime (SIMR) are not yet in place even though it has now passed its own summer deadline

Winifred Okocha, 06 September 2016
20% of (re)insurers rely on investments for profit

New data from PricewaterhouseCoopers (PwC) has revealed that one in five (re)insurers rely on producing decent investment returns in order to make a profit

Charlie Thomas, 09 December 2014
UK flood losses surpass £1bn

Total declared insured losses from the UK floods last December are set to pass the £1bn ($1.4bn) mark as the Q4 and full-year results season continues apace.

Matthew Neill, 07 March 2016
19 UK carriers receive SII internal model approval

UK regulator the Prudential Regulation Authority (PRA) has approved the internal models of 19 insurers.

Winifred Okocha, 07 December 2015
Enstar continues legacy push with $1.2bn RSA deal

Enstar has agreed yet another $1bn+ legacy deal as it continues a multi-billion dollar acquisition drive that has spanned more than 12 months

Adam McNestrie, 15 February 2017
Digest

Fidelis appoints; Approval for CSC and Xchanging; Compre completes Gjensidige marine deal; Allied world expands; NHC first London office; Asia Capital Re expansion; Brown & Brown acquires; Marsh recruits ex UK spook; McGovern on Brexit; Generali CEO tussle; Lemonade sparkles; Antares Asia appoints; CEO concerns; January weather losses; Integro boosts entertainment practice; Primary Group; Compre senior management; Normal<

Matthew Neill, 15 February 2016
Aegis London loses cyber team

Aegis London's head of cyber Rick Welsh and his team have left the top-quartile Lloyd's syndicate, The Insurance Insider understands.

Catrin Shi, 10 August 2015
Ward joins Direct Line board

UK personal lines insurer Direct Line Group has appointed former Lloyd's CEO Richard Ward to its board as a senior independent director

Charlie Thomas, 19 January 2016
Vario to advise investors on securitised insurance risk

A trio of PwC insurance partners are launching Vario Partners to advise pension funds and other long term capital market investors on direct exposure to insurance risk

Peter Hastie, 04 November 2014
The Hartford eyes $690mn legacy sell-off

The Hartford is considering a mammoth £452mn ($687mn) legacy sale as the group seeks to consolidate its old London market liabilities into a single vehicle, The Insurance Insider understands

Dan Ascher, 14 September 2015

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