Commercial Lines articles – Page 115
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News
Pool Re buys £1.8bn of reinsurance from commercial market
Munich Re-led coverage placed by reinsurance broker Guy Carpenter
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News
R&Q’s sale of Synergy MGA to Hiscox falls through
Company was unable to reach mutually acceptable terms
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News
Hiscox UK and Europe makes ‘record’ £73.3m profit in 2014
Group profit before tax dips 5% to £231.1m
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News
Amlin UK reports ‘disappointing’ 105% COR after large motor losses
2014 group profit drops 21% because of lower reserve releases and investment returns
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News
Besso’s Colin Marshall resigns after over 30 years with firm
Chief executive of group’s Lloyd’s broker to leave in mid-June
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News
Brit chief: Fairfax deal does not signal my exit
Mark Cloutier predicts more consolidation to tackle the industry’s ‘enormous capital inefficiency’
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News
Brit promotes Matthew Wilson to group deputy chief executive
Wilson will work closely with group chief exec Mark Cloutier
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News
Brit 2014 profit jumps 40% despite 4.1 point COR deterioration
Lloyd’s insurer enjoyed 38.4% boost in investment income
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News
Beazley boss among highest paid chief exec at Lloyd's
Andrew Horton was paid nearly £3.6m in 2014 despite falling profits
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Agenda
Novae appoints new syndicates chief executive
Lloyd’s insurer announces raft of new appointments
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News
CMA reviewing Willis's planned Miller acquisition
Competition regulator seeks views from third parties on proposed 85% stake purchase
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News
Brit suitor Fairfax increases size of bond issue
Proceeds from $350m transaction will help pay for Brit acquisition
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News
ERS returns to profit in 2014 but vows to fix ‘unsustainable’ 101% COR
Lloyd’s motor insurer will now return to growth after 4.4% GWP dip, says chief executive Ian Parker
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News
Fitch reviews Brit debt ratings following Fairfax deal
Rating agency will downgrade insurer if it considers the takeover to be negative
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News
Willis Re consulting London staff about possible redundancies
News reports says more than 150 employees contacted
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News
Canadian insurer Fairfax to buy Brit for £1.22bn in cash
Offer is 1.73 times Brit’s net tangible assets
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News
Helios Underwriting buys Lloyd's vehicle Updown in £600,000 cash deal
Deal will increase Helios’s underwriting capacity to £22.3m in 2015
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News
Mitsui at Lloyd’s promotes Graeme Rayner to chief underwriting officer
Promotion follows departure of underwriting director Martin Hudson
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News
Catlin reports 13% boost to pre-tax profit
The insurer will also declare a special dividend of 12p per share following the sale of Insure the Box
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Online only
Bermuda and Gibraltar hit back at Miliband 'tax haven' criticism
Labour leader had criticised the countries in a letter to a number of British Overseas Territories