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Technical Risk Underwriters to write builders risk on RLI paper
RSG's Technical Risk Underwriters (TRU) has entered into a partnership with RLI Insurance Company to write builders risk business on the US specialty insurer's A+ rated paper.
David Bull
,
20 November 2014
Blanket regulation at risk of being ‘heavy-handed’: CSFI
The application of blanket regulatory measures to insurers risks being heavy-handed and unfocused, according to a report issued by the Centre for the Study of Financial Innovation (CSFI).
19 November 2014
Coldman joins AJG board of directors
Industry veteran John Coldman has been appointed to the board of directors at US-based international broker AJ Gallagher (AJG), the firm has announced.
Himal Patel
,
19 November 2014
Insurers can play central role in drone market: IUA
Growing interest from clients wishing to insure civil aviation drones represents a huge opportunity for the industry, the International Underwriting Association (IUA) said today (19 November)
Jenny Messenger
,
19 November 2014
Canopius’s Singapore platform adds energy underwriter
Toh Lay Kuan has joined Canopius Group as an energy underwriter for its Singapore platform, with a particular emphasis on the upstream market.
19 November 2014
Towergate to negotiate covenants on debt facility
UK broker consolidator Towergate is to enter into discussions with its bankers in an attempt to renegotiate the financial covenants on its revolving credit facility.
Charlie Thomas
,
19 November 2014
Howden buys German sports specialist SSI
Hyperion subsidiary Howden Broking Group is set to buy a majority stake in German insurance distribution group Schouten Sicherheit International (SSI), subject to regulatory approval
Mark Geoghegan
,
19 November 2014
Amlin: rates down average of 3.5 percent
Listed Lloyd's carrier Amlin has reported 4.2 percent growth in gross written premium (GWP) for the first nine months of the year at £2.3bn despite growing pricing pressures in a number of its key markets.
Charlie Thomas
,
19 November 2014
Indebted Towergate officially up for sale as results deteriorate further
UK broker consolidator Towergate Insurance is up for sale and has appointed Evercore and Rothschild as joint advisers to evaluate proposals the group has received so far.
Charlie Thomas
,
19 November 2014
CGSC merges Lloyd’s brokers under one name
Cooper Gay Swett & Crawford (CGSC) will unite its London market businesses under the single brand name of CGNMB, the independent broker announced today (18 November).
19 November 2014
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