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Aviva launches expenses probe in GCS unit sparked by lunch receipt issues

A small number of GCS staff have been dismissed from the business as a result of the investigation.

Samuel Casey, 17 July 2023
R&Q confirms Scopia's Lande as non-executive director

Jerome Lande is deputy CIO and managing partner at Scopia Capital Management.

Abbie Day, 17 July 2023
AM Best revises Beazley's long-term ICR to positive

The revision reflects AM Best’s expectation that Beazley will maintain its risk-adjusted capitalisation "comfortably at the strongest level”.

Abbie Day, 17 July 2023
Opinion: John Neal’s Second Act as Lloyd’s CEO

The Corporation has had to navigate challenging trade-offs around its succession planning.

Adam McNestrie, 17 July 2023
Liberty Mutual forms US retail markets, Asia retail to join GRS

The company also announced that Asia retail markets will join global risk solutions and that it was launching its enterprise transformation and solutions unit.

Kyoung-son Song, 14 July 2023
Sura’s up-for-sale Salvadorean business draws regional insurers’ interest

Sources said parties inquiring about Sura’s operation in El Salvador include ASSA and Ficohsa, two of the largest carriers in the region.

Jairo Ibarra, 14 July 2023
AM Best withdraws the long-term ICR of R&Q, keeps Accredited on review

The downgrade and withdrawal follows R&Q’s request to no longer participate in AM Best’s interactive rating process.

Abbie Day, 14 July 2023
Clear Group acquires MGA One Commercial Specialty

The deal marks Clear’s second commercial MGA deal after it acquired a 50% stake in Thomond Underwriting Limited earlier this month.

Aisling Finn, 14 July 2023
Marine hull market ‘benign’ but large losses could tip balance: Gallagher

The broker said that rates were largely flat thanks to insurer appetite and competition.

Samuel Casey, 14 July 2023
NBS acquires independent underwriting agency Capital Markets Underwriting

The move is part of NBS's goal to double its size within the next five years through organic growth and acquisitions.

Abbie Day, 14 July 2023

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