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Cunningham Lindsey downgraded as claims drop
Rating agency Moody's has downgraded the credit rating of loss adjuster Cunningham Lindsey, citing concerns that an absence of natural catastrophe losses will reduce claims volumes, denting the company's revenues and profit
27 June 2014
Munich Re America names new reinsurance head
Munich Re's US subsidiary yesterday (26 June) named Steven Levy as the president of its reinsurance division, replacing Pina Albo, who is to join the reinsurer's management board in October
27 June 2014
RSA confirms Zurich’s Lewis as new UK/Europe CEO
RSA has confirmed the appointment of Steve Lewis from Zurich as CEO of its UK and Western Europe operations as it ends it search for a successor for outgoing Adrian Brown.
26 June 2014
RSA appoints new UK and Europe CEO: reports
UK insurer RSA has appointed Steve Lewis, former head of UK general insurance at Zurich Insurance Group, as the new head of its UK and western European operations, according to press reports
26 June 2014
AmTrust acquires OptaComp
AmTrust Financial Services has agreed to acquire Floridian workers' compensation insurer OptaComp for an undisclosed cash sum, the US insurer announced today (26 June)
26 June 2014
Qatar Insurance completes Antares takeover
Qatar Insurance Company (QIC) today (26 June) said it had completed the takeover of Lloyd's carrier Antares after receiving the necessary regulatory approval
26 June 2014
Cooper Gay hires former Towers UK treaty exec
London-headquartered (re)insurance intermediary Cooper Gay has appointed Alan Main as director, reinsurance, with immediate effect
26 June 2014
Munich Re pulls Queen St X cat bond
Munich Re has pulled its Queen St X Re catastrophe bond from the market, telling investors that the decision was taken due to the target size not having been attained, our sister publication Trading Risk revealed today (25 June).
26 June 2014
LMG commissions major London research project
The London Market Group (LMG) has commissioned major research into the London insurance market to provide a factual basis to inform its future strategy
25 June 2014
Quindell founder buys more shares
Rob Terry, the founder and chairman of London-listed insurance technology firm Quindell, today (25 June) bought another £32,000 ($54,000) of shares in the company, taking his total stake to 10.9 percent
25 June 2014
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