Commercial Lines related articles – Page 114
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Barbican opens Manchester office
Lloyd’s insurer barbican has opened a new office in Manchester. It is based in the recently developed ‘Hive’ complex in the city’s Northern Quarter. Barbican said the new office serves three main functions: proving a regional base for underwriting and business development of recently launched UK ...
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JLT wins lead broker account for Singapore Airlines
JLT has won the account as lead broker for Singapore Airlines (SIA) Group’s aviation insurance programme. Under the terms of the deal the agreement will run for a period of three years for policies beginning 1 July 2016. It is another big win for the national ...
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JLT expects one-off costs of £34m in 2016
Jardine Lloyd Thompson (JLT) expects that the restructuring of its employee benefits arm and the settlement of its legal dispute with Willis will result in one-off costs of £34m in 2016. The broker has said that the restructuring of its UK and Ireland employee benefits division ...
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JLT Group commercial director James Twining to depart
Jardine Lloyd Thompson (JLT) Group commercial director James Twining is stepping down from his role. Twining joined the broker in January 2011 and has been a member of the board since 2012. His role will not be replaced. The broker has also appointed Bruce Carnegie-Brown as ...
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AmTrust to buy Lloyd’s insurer ANV for £154m
US financial services group AmTrust has agreed to buy Lloyd’s insurer ANV for $218.7m (£154m) in cash from its current owner, Ontario Teachers’ Pension Plan. The deal is awaiting regulatory approval and is expected to be complete in either the third or fourth quarter this year. ...
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AXA expands African operations in joint venture with Chaucer
AXA is expanding its reach into Africa with the launch of a joint venture with Lloyd’s insurer Chaucer. The new venture, AXA Africa Specialty Risks, will be dedicated to covering specialty insurance lines in Africa, covering business such as political risks, energy and infrastructures. The partnership ...
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Beazley and Munich Re to launch cyber offering with broader cover
Beazley and Munich Re are planning to launch a cyber offering. The insurer and reinsurer will be offering tailor-made cyber policies with double the amount of coverage that was previously available. The policies will cover physical damage to property and bodily injury as well as more ...
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Cooper Gay completes sale of North American business
Sale will enable CGSC to push forward with strategy – Group chief exec Hearn
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RDG completes acquisition of Midas Underwriting
Acquistion will boost private car footprint of RDG
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Zurich Group boss Greco confident insurer will improve profitability
Mario Greco has told has told shareholders the group will see better results after a disappointing 2015.
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Berkshire Hathaway backs London MGA’s motor fleet foray
Unicorn MGA set up by US broking group AmWINS
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Marketform completes underwriting review
Lloyd’s underwriter says broader strategic review is continuing
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Marketform sells medical malpractice business to Beazley
Sale includes UK/international delegated authority business
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Gallagher/Portsoken judge rules on remaining parts of court order
Lawyers were also able to agree over most of the search terms that computer expert will use
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Lloyd's 2015 pre-tax profit falls as underwriting result slips
Gross written premiums rose, but investment income falls
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Arthur J Gallagher buys insurance management firm
Kane Insurance Management specialises in captive consulting and Insurance-Linked Security
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SMEs split over Brexit - Zurich
Zurich says noise surrounding EU Referendum is creating uncertainty about the risks to small and medium businesses
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Lloyd’s insurer Marketform shifts malpractice business to rival
Four-strong team moves to Dale Underwriting Partners