Articles
Insurance
Specialty managing general agent (MGA) Nexus Group has secured a £16 million funding that it plans to use in advancing its merger and acquisition (M&A) activity. 3 April 2019
Insurance
The newly formed independent broking arm of Nexus Group, called Xenia Broking Group, has acquired specialist trade credit broker Credit & Business Finance (CBF). 1 April 2019
Insurance
Ratings agency Moody’s has warned that a no-deal Brexit is likely to damage the capital, growth and profit of UK life insurers in the short to medium term, in its latest report for investors. 1 April 2019
Insurance
Lloyd’s insurer and member of Argo Group, ArgoGlobal, has secured Helen Donegan as head of operations – Europe, Middle East and Asia. 1 April 2019
Insurance
Specialist insurer Beazley has appointed a new lead to develop the business in Germany from 1 April 2019. 1 April 2019
Insurance
SCOR has merged its Global Life SE and Global P&C SE businesses into SCOR SE as part of a three year strategic plan. 1 April 2019
Insurance
AM Best has maintained a “negative outlook” for the UK non-life insurance market as it is buffeted by economic and political uncertainty caused largely by Brexit. 29 March 2019
Insurance
Bermuda-based RenaissanceRe Holdings (RenRe) has completed the acquisition of Tokio Millennium Re (TMR) following the receipt of all necessary regulatory approvals. 25 March 2019
Insurance
Analysts from Keefe, Bruyette & Woods (KBW) said “Florida is still a cash cow for reinsurers”, with demand looking “flat to up”, while “supply looks flat”, following Guy Carpenter's (GC) 2019 Florida Summit. 21 March 2019
Insurance
Accredited Surety & Casualty Company, the Florida-headquartered US insurer owned by Randall & Quilter Investment Holdings, has had its group rating upgraded by AM Best from VII to VIII. 20 March 2019
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