Financial Ratings – Page 38
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Granite secures minority investment from private equity group
The private equity investors have previously invested in Bollington Wilson
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Pool Re to stop providing contingency terrorism cover
The commercial insurance and reinsurance market is now deemed to have enough capacity to carry the risk
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Howden set to enhance employee benefits offering with acquisition
Howden completed two employee benefits-based acquisitions last year
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Kingsbridge acquires gig economy insurtech
The acquisition expands the group’s offering to freelance professionals
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Hotels seeking $10m in losses from disgraced city broker
The disgraced broker, a former MD for two Lloyd’s brokerages, has been given the nickname “The Pirate of the Caribbean”
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Aston Lark eyes new PE investor for 2019
Aston Lark wants to either add to or replace its current private equity backing in 2019
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1,700 UK customers affected as Gibraltar insurer goes bust
Administrator brought in to oversee all outstanding claims payments
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£300m Stackhouse Poland sale to Gallagher 'a done deal' - sources
Reports had already suggested Stackhouse owners had hired bankers to find a buyer
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Stackhouse Poland acquires medical malpractice broker
Stackhouse Poland chairman says the deal adds a layer of capability in the sector
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Carlyle Group completes Sedgwick takeover
Sedgwick president and CEO “proud” and “humbled” by the $6.7bn deal
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Car insurance prices start creeping up again
Small increase seen in past three months, but still down from last year
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Danish insurer declared bankrupt
The insurer, with over 51,000 customers in Ireland, has been declared bankrupt
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Broker Network partner makes first purchase post-Fairchild
Boyd & Company makes purchase to bring broker back into the Network
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UK insurance industry paid out £55bn in a year
New analysis published by the ABI shows that UK insurers paid out the equivalent of £153m every day
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Direct Line reportedly considering £400m L&G bid
Reports last week suggested Legal & General is putting its general insurance arm up for sale
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Industry reacts: CMA's crackdown on pricing
The competition watchdog unveiled its robust measures to tackle unfair treatment of loyal customers,l but how does the industry feel about it?
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Failed CBLI's shortfall could be as much as $343m
Liquidators publish update on the extent of failed insurer’s troubles, while also considering action against the company’s directors