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FCA criticises UK broker conflicts of interest
The Financial Conduct Authority (FCA) has released a critical report on conflicts of interest among larger brokers that provide cover for small and medium-sized enterprises (SMEs)
27 May 2014
Saga share price slips
Saga, the over-50s insurer, saw its share price edge below its recent float pricing in trading today (27 May).
27 May 2014
AM Best upgrades Travelers to A++
Ratings agency AM Best has upgraded the financial strength rating of US carrier Travelers from A+ to A++, the highest possible rating, due to its favourable operating and underwriting results.
23 May 2014
NOAA maintains mild hurricane forecast
The US National Oceanic and Atmospheric Administration (NOAA) has said there could be a below-average number of US hurricanes this year due to an El Niño weather pattern, which can suppress storm formation.
23 May 2014
Amlin in major restructure
London-listed Lloyd's carrier Amlin is reorganising to create a new tripartite structure, which will include a global reinsurance division led by Kevin Allchorne, sister title Inside FAC revealed yesterday (22 May).
23 May 2014
Saga IPO prices at bottom of range
Saga, the over-50s insurer, today (23 May) said its shares would be offered for sale at 185p, the bottom of the 185p-245p indicative range it announced earlier this month.
23 May 2014
Helios profit jumps; Lumbis appointed CFO
Helios Underwriting, the London-listed Lloyd's investment vehicle, today (23 May) reported an 88 percent increase in its annual operating profit as acquisitions boosted its revenues.
23 May 2014
Cooper Gay expands into MENA
Independent (re)insurance broker Cooper Gay Swett & Crawford has formed a Dubai-based subsidiary following regulatory approval from the Dubai Financial Services Authority. Normal 0 false
23 May 2014
Lloyd’s CFO Savage leaves Lime Street
Luke Savage, Lloyd's long-standing chief financial officer, is leaving to take up the same position at UK life insurer Standard Life, it was announced today (23 May). Normal 0 false
23 May 2014
Ex-Alterra exec Wafer targets start-up with Golub Capital
Former Alterra reinsurance chairman Tom Wafer is working on a reinsurance start-up with fund manager Golub Capital, The Insurance Insider can reveal.
22 May 2014
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