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Asta takes charge of Skuld’s Lloyd’s syndicate
Asta has taken over as the managing agency for Skuld Syndicate 1897 at Lloyd's, succeeding Randall & Quilter Managing Agency, the company said today (3 April).
03 April 2014
Stephens International brings in Rickard
Executive search firm Stephens International has hired Rupert Rickard from rival Eames Consulting, it revealed in a statement
03 April 2014
Charles Taylor CFO quits
Insurance-focused outsourcing firm Charles Taylor today (3 April) said its chief financial officer, Tito Soso, was leaving to take up a new role with an unnamed private equity company
03 April 2014
Investors may seek FCA redress: FT
Major UK institutional investors have taken legal advice about pursuing the Financial Conduct Authority (FCA) for compensation after it mishandled the unveiling of a life insurance industry probe, the Financial Times reports today (3 April)
03 April 2014
Tawa completes demerger and renames as Pro
Tawa plc has completed its plan to split into two entities, the company said today (3 April), with its insurance services arm retaining the group's London stock market listing and taking the name of its services subsidiary Pro Insurance Solutions plc
03 April 2014
RSUI gets upgrade as AM Best goes positive on TransRe
RSUI has been upgraded by AM Best with the ratings outlook on the US specialty insurer's sister company Transatlantic Re and parent Alleghany Corporation upped from stable to positive.
03 April 2014
Property, reinsurance and A&H claims next to join Lloyd's legacy migration
Lloyd's has announced the next phase of an ambitious project to widen its Claims Transformation Programme (CTP) to include the market's legacy subscription market claims.
02 April 2014
Brit to return to UK domicile
Brit Insurance, the Lloyd's carrier that floated on the London Stock Exchange this week, is to redomicile to the UK from the Netherlands, reversing a move it made in 2009 to cut its tax bill.
02 April 2014
Marsh: onshore energy price declines to accelerate
Marsh has predicted accelerating double-digit falls in onshore energy insurance pricing in 2014, as capacity continues to exceed supply and underwriters chase the market down to around half of 1992 rating levels, despite marginal overall results
02 April 2014
RKH revenue up 24% to smash £100mn barrier
London-headquartered wholesale and reinsurance intermediary RK Harrison (RKH) achieved revenue growth of 24 percent to £115.4mn ($193mn) in the year to 30 June 2013
02 April 2014
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