Financial Ratings – Page 50
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News
XL Catlin launches two products and extends global M&A insurance capacity
In a busy week for the global insurer, XL Catlin announces two new products and an increase in its M&A insurance capacity
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'Absurd' - Billionaire AIG bruiser Icahn lashes out after buying into AmTrust
Carl Icahn sets his sights on shaking up AmTrust with a damning assessment on the board
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'Help us with unrated Alpha mess' - FSCS plea to brokers/MGAs
UK compensation fund for customers of failed insurers urges brokers/MGAs to make contact
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Unrated Gefion reports booming growth amid UK broker/MGA deals
Rapidly-growing Danish insurer Gefion now has 61% of business in the UK
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AIG Europe's positive underwriting performance hit by Cat losses
Personal and financial lines perform strongly in year to November
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Unrated Gefion calls on shareholders to boost solvency
danish insurer expects further capital investment in 2018 as talks continue with potential third party investors
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Global commercial rates driven higher by property
Cat losses push global property rates sharply higher in first quarter
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CBL creditors to vote after administrators recommend liquidation
Administrators of the struggling New Zealand-based insurer, with ties to bankrupt unrated Alpha, recommend liquidation ahead of crunch talks
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BGL Group founder Steyn leapfrogs the De Haans in the insurance rich list 2018
Douw Steyn takes the top spot in the insurance rich list, according to the Sunday Times Rich List 2018
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Towergate owner's acquisition boosts troubled insurer AmTrust
Private equity backer to Ardonagh buys business from AmTrust in 2018, boosting income
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Cameras catch £150,000 body-building fraudster
Curt Paul Gorog ordered to pay £35,000 in legal fees after video shows him doing a press-up challenge when he claimed to have a back injury
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Aviva rescues Carrot customers after unrated Alpha's fall
Affected customer no longer need to pay premiums on current policy as Danish Guarantee Fund will provide Aviva with the refund from the cancelled policies
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Scale of dual pricing problem outlined
Biba and the ABI have announced a set of guidelines to tackle the dual pricing problem, but will companies take much notice?
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Beazley boosted by higher property rates
Increase in rates after 2017’s catastrophes has boosted Beazley’s first quarter
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Carl Icahn sells his stake in AIG – reports
Controversial investor Carl Icahn has reportedly sold his stake in AIG
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Unrated Alpha policyholders scramble for new cover amid bankruptcy
Liquidators of the Danish insurer files for bankruptcy and policyholders are advised to seek new cover
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Zurich UK premium in decline
Zurich first quarter results show EMEA drops, with UK part of the fall
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DAS UK agrees home insurance deal with L&G
DAS UK has agreed to provide personal legal expenses insurance for L&G’s home insurance policies
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Industry dual pricing guide launched amid the growing outrage
ABI and Biba launch new set of guidelines to tackle the huge differences between new customer premiums and renewals