Financial Ratings – Page 64
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NewsPrivate equity house Maven invests £3m in Altra
Altra pins growth and recruitment high on its agenda following £3m investment from private equity house Maven.
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NewsAviva rating boosted after improvements in profit and capital
‘Sustainable’ improvements prompt Aviva rating upgrade from Moody’s
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NewsAlmost £9bn of London market premium faces Brexit hit - IUA
London market trade association estimates Brexit hit premium
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Online onlyEx-Quindell boss Terry hails progress of new disruptor amid $1bn float plans
Terry reveals financial progress of firm which is on course for a listing in North America by 2022
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NewsZurich exploring sale of Endsleigh – report
Zurich reportedly hires bank to examine sale of Endsleigh
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Online onlyDigital payments to hit 726 billion by 2020
Digital payments is transforming payments in insurance
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NewsBP Marsh in consolidation mode after acquisition spree
Insurance venture capital firm BP Marsh to digest its recent investments
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NewsPrivate equity house takes majority stake in run-off buyer Catalina
US Private equity house boosts holding in run-off buyer Catalina
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NewsMoneysupermarket insurance revenues climb
Moneysupermarket insurance revenues up 15% in Jan-Sept
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NewsInsurers brace for 5% reinsurance price rises amid S&P prediction
Insurers could face anywhere between flat and 5% price increases at the January renewals, according to S&P. Reinsurers have been hit by hurricanes Harvey, Maria and Irma and the Mexican earthquakes - meaning it is a ‘capital event’ for reinsurers. S&P expects third quarter catastrophe losses of more than $100bn ...
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Online onlyHyperion sale stake preparations begin - reports
Hyperion sale could involve a slice of the business sold off, according to reports
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NewsZurich half way to 2019 cost cutting target - chief executive Mario Greco
Zurich chief executive Mario Greco says insurer must also invest as well as cutting costs
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NewsWATCH: AIG catches serial fraudster out on camera
A serial fraudster who faked a permanent disability has been sentenced to prison after AIG caught him walking on CCTV
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NewsClaims firm Davies gunning for double-digit organic growth
Claims firm Davies reported 9% organic growth and big profit boost in year to 30 June
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NewsArron Banks broking group sets up new MGA to diversify capacity
New Arron Banks MGA backed by Gibraltar-based insurer
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NewsBrightside hires former Chubb executive to lead M&A push
Ian McFadyean joins broking group Brightside
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NewsLloyd’s insurer Hiscox updates hurricane loss estimate
Lloyd’s insurer Hiscox reveals combined claims figure for hurricanes Harvey and Irma claims
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NewsLloyd’s bracing for multi-billion-pound hurricane hit
Lloyd’s to take big hurricane hit for Harvey and Irma
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NewsLloyd’s profit drops 17% amid ‘challenging’ conditions
Lloyd’s profit falls despite improvement in underwriting
