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Insurance
Following the publication of the International Association of Insurance Supervisors consultation of the Insurance Capital Standard, the deputy director general of Insurance Europe, Olav Jones, has made comment. 19 July 2016
Insurance
XL Catlin has opened a reinsurance unit to provide facultative and treaty reinsurance across Africa. 18 July 2016
Insurance
Rushed changes to the ultimate forward rate (UFR) could risk pushing insurers towards sub-optimal investment strategies, which could unnecessarily impact policyholders’ returns negatively, according to Insurance Europe, the European insurance and reinsurance federation. 18 July 2016
Insurance
A majority of Intelligent Insurer readers participating in a survey do not think that, in the Brexit negotiations, the UK’s new Prime Minister Theresa May will be able to secure the same level of access to the European market that UK re/insurers currently enjoy. 18 July 2016
Insurance
Berkshire Hathaway Specialty Insurance Company (BHSI) has expanded its Northern European operation, appointing Ulrich Kremer as senior vice president (SVP) of claims. 18 July 2016
Insurance
AmTrust International, a subsidiary of subsidiary of AmTrust Financial Services, has acquired Arc Legal Assistance, a managing general agent. 18 July 2016
Insurance
Randall & Quilter Investment Holdings has acquired Agency Program Insurance Company (APIC), a Bermuda-based a Class 3 insurer in run off, from a diverse base of predominately individual shareholders. 18 July 2016
Insurance
Accredited Surety and Casualty (ASC), a property/casualty insurer a subsidiary of Randall & Quilter (R&Q), has entered the surety market in the US thanks to a new underwriting agreement. 15 July 2016
Insurance
Specialist insurer Markel UK has released a liability product for the technology and communications sectors. 15 July 2016
Insurance
Nexus EBA, a subsidiary of the specialty managing general agent Nexus Underwriting Management, has plans to establish a branch in Ireland. 14 July 2016
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