Commercial Lines – Page 80
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NewsRatings agency delivers negative 2019 sector outlook for UK general insurers
Fitch’s assessment of the year ahead suggests home and motor markets could have a particularly difficult year
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NewsOne week left for SMCR conversion notifications warns FCA
Insurers will have until midnight on the 2 December to submit a conversion notification
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NewsFour more insurers sign up for Women in Finance Charter
The new signatories take the number of those signed up to 300
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NewsInsurance uptake tumbles for sole traders and micro-SMEs
The SME insurance market is estimated to be worth £8.3bn by 2020
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NewsA.M. Best issues Folgate BB+ rating ahead of relaunch
Folgate chief executive Brian Russell said he would look to improve the rating in the months following the relaunch in December
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NewsShirine Khoury-Haq resigns as Lloyd’s COO
Khoury-Haq has been in the role for nearly five years
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NewsFolgate eyes former Lloyd's business as it announces MS Amlin partnership
MS Amlin will join from the insurer’s relaunch in December, allowing Folgate to offer greater capacity to the broker market
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NewsCovéa chief executive resigns from Scor board
In September Kessler “hit out” at Covéa’s acquisition offer, fiercely resisting its 8.2 euro ($9.65bn) takeover bid
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NewsJobs at risk as RSA exits three lines and slashes London market premium
RSA’s London market business will now focus on four key specialisms
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NewsArcus Syndicate increases property capacity in 2019 plan
Lloyd’s is currently reviewing the 2019 business plans of its syndicates
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NewsBrightside’s new MGA partners with CDL
The broker’s group revenues dipped in 2017 from £48m to £42m
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NewsBarbican Syndicate announces withdrawal from further markets in 2019 plan
Barbican Syndicate is to focus on core markets and increase capacity in specialty lines
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NewsBarbican syndicate withdraws from writing property D&F business
Lloyd’s has been working to cut back loss-making lines
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NewsEd acquired by Besso owners
BGC Partners grows it’s Lloyd’s presence by acquiring 100% of Ed Broking Group
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NewsFOIL launches new London division
It will discuss some of the larger thematic issues the insurance industry faces
