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Insurance
The Lloyd’s Franchise Board has granted Dale Underwriting Partners ‘in principle’ approval to establish a special purpose arrangement (SPA). 31 July 2017
Insurance
The robust expansion of Asian economies and domestic insurance markets will spur reinsurance activity in the region, Fitch Ratings said on July 31. 31 July 2017
Insurance
Lloyd’s syndicate Probitas 1492 said on July 31 that it a shareholder agreement has been signed with Saudi Re. 31 July 2017
Insurance
Bermuda-based specialist insurer Hiscox has seen its pre-tax profit halve in the first six months of 2017 as foreign exchange rates impacted results. 31 July 2017
Insurance
Swiss Re has signed a reinsurance agreement with Bansabadell Vida, the life joint venture of Zurich Insurance and Spanish banking group Banc Sabadell, to reinsure its individual life risk portfolio for an amount of €683.7 million, as a reinsurance commission. 25 July 2017
Insurance
UK general insurer Allianz has appointed John Berry to the role of director of underwriting and technical, personal lines. 25 July 2017
Insurance
Lloyd's underwriting syndicate DTW1991, which was established by Randall & Quilter Managing Agency (R&Q) in January 2013, has appointed John Cowell as senior underwriter, and Ed Colville as underwriter in its UK and international underwriting team. 25 July 2017
Insurance
Copenhagen-based specialty non-life insurer Gefion has closed a private placement of €10 million Solvency II-compliant subordinated notes, with funds managed by Fermat Capital Management. 25 July 2017
Insurance
Ironshore, a part of Liberty Mutual Company, has appointed Krishnan Ethirajan to serve in the additional role as chief operating officer (COO) of Ironshore International. 25 July 2017
Insurance
Bermuda-based Sirius Group has strengthened its casualty reinsurance platform established last year with the addition of Erik Soria as vice president, casualty. 25 July 2017
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