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Insurance
The MS Amlin syndicate 2001 posted a loss of £499.7 million for 2017, driven by a sharp increase in net claims. This compares to a loss of £35.1 million incurred in 2016. 29 March 2018
Insurance
AmTrust syndicate 1206 has reported a sharp increase in the combined ratio in 2017 as claims from hurricanes Harvey, Irma and Maria (HIM) impacted the results. 29 March 2018
Insurance
Lloyd’s Acappella syndicate 2014 has appointed David Jones as active underwriter and Matthew Bellamy as deputy active underwriter. 29 March 2018
Insurance
The Hanover Insurance Group is "exploring strategic alternatives" for its international specialty business, including a sale of its Lloyd's insurance unit Chaucer. 29 March 2018
Insurance
Swiss Re is reportedly close to sealing a deal which will see Japanese conglomerate SoftBank acquiring a 25 percent stake in the reinsurer, according to a March 28 Bloomberg News report citing "people familiar with the matter". 29 March 2018
Insurance
The sale of National Bank of Greece’s (NBG’s) 75 percent holdings in subsidiary Ethniki General Insurance to EXIN Financial Services Holding fell through, driving NBG to seek alternative options for the insurance unit. 29 March 2018
Insurance
Specialty re/insurer Canopius has appointed Rebecca Marsden as credit and political risk underwriter. 29 March 2018
Insurance
Risk management services firm Hanover Stone Solutions has established a new practice to help senior insurance company executives design and implement a strategic planning process. 29 March 2018
Insurance
Zurich UK, a subsidiary of Zurich Insurance Group, is acquiring Oak Underwriting from RSA Insurance. 28 March 2018
Insurance
The UK’s flood insurance scheme Flood Re will not pass on to insurers the annual increase in premium thresholds for the first time. 28 March 2018
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