Latest News – Page 2047
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News
Deal boosts Erinaceous property
Erinaceous Insurance Services has become one of the UK's largest property brokers after acquiring Lumley Holdings.The deal, worth £12m, will see the property insurance division of Erinaceous Group take control of the Lumley group of companies, which has an annual gross written premium of £16m. This includes Lumley Letsure, a ...
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News
RK Harrison grabs energy team
Lloyd's broker RK Harrison is to extend its reach into the offshore energy market after capturing a marine energy team from Jardine Lloyd Thompson (JLT).The team, which specialises in offshore exploration and production risks, left natural resource broker Agnew Higgins Pickering last month after it merged with JLT to become ...
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Kiln next for Bermuda move
Kiln is set to become the fourth Lloyd's insurer to leave London in favour of Bermuda after it announced plans to redomicile.The company will introduce a new Bermuda domiciled holding company for the Kiln Group in 2007. It will also establish a Bermuda insurer, Kiln Re, which is expected to ...
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Mesothelioma claims fear
New proposals to allow the government to claw back mesothelioma compensation payments from insurers could cost the industry millions of pounds. According to the Department for Work and Pensions (DWP) the new legislation will be enforced as early as next year. Secretary of State John Hutton has proposed that ...
