Financial Ratings – Page 24
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Arch Capital Group completes acquisition to strengthen London focus
The Bermuda-based business confirms the purchase of Barbican Group Holdings
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GRP business buys Worcester-based agricultural broker
The firm says the purchase will provide ’a solid base for growth’
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A-Plan Group spends £8.2m on restructuring costs after Endsleigh acquisition
The high street insurance broker purchased Endsleigh and its subsidiaries for £17.4m including fees
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ICB Group and Finch to merge for 2020 rebrand
The sister companies will combine forces to operate under French parent company brand
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Gallagher works to acquire international reinsurance broker
The broker and risk management firm has agreed terms with Capsicum Reinsurance Brokers
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Ardonagh owners buy one of Ireland’s largest independent brokers
The deal will shortly be confirmed
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Fresh lawsuit: Investors sue over Quindell share collapse
Shareholders claim a number of misleading statements were produced by Quindell
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Markerstudy restructures QIC loan ahead of December deadline
Company says the restructured loan represents a “long-term solution” for the group
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MS Amlin reshuffle sees chief executive step down
The insurer previously announced it was pulling out of several business classes as it sought to refocus
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ABI puts a figure on northern flood costs
Hundreds of properties were affected by the flooding event earlier this month
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Kath Mainon steps up to chief executive at Davies Group’s claims solutions business
The firm announces two internal hires among financial results
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Qatar outlook cut to negative amid risks from £240m loan to Markerstudy
Markerstudy’s managing agents supply around 28% of Qatar’s premium via a reinsurance arrangement
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AIG back in court to fight credit crunch era bonus legal battle
The outcome could leave the insurer open to pay hundreds of millions more in deferred bonuses
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Allianz looks to slash claim times with repairer partnership
Plastic Surgeon will handle the claims itself upon instruction
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Direct Line Group reveals November flood cost impact
This year’s flood influx is estimated to cost around £10m
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Ardonagh chief plays down IPO prospects
Broker has plenty of access to capital through its private equity investors
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Former mutual insurer boss faces FCA’s wrath for dodging income tax
FCA seeks to fine Stuart Forsyth £78,318 for avoiding tax responsibilities, dependent on an Upper Tribunal determination
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Aviva shares plummet for second time in a week as market reacts to strategy shake up
Double drop means Aviva’s shares have lost about 8% of their value this week
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Aviva reveals ambitious GI plans to attack mid-market and corporate
Aviva boss Tulloch targets growth by a fifth in GI
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GRP-backed County Group buys Wales-based commercial risk specialist
The purchase marks the GRP-owned broker’s fourth acquisition this year