Financial / Results – Page 98
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NewsAFG places Neon Underwriting into run-off
The insurer plans to exit the Lloyd’s of London market this year
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NewsTysers’s parent company acquires specialist Lloyd’s broker
The transaction sees the combined business reach $3bn of insurance premium
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FeaturesClaims culture hampers Irish sports clubs from obtaining public liability cover
But legal reforms in Ireland could be the answer for struggling sporting facilities
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NewsGallagher becomes preferred broker for Greater Manchester councils
The broker wins a four-year appointment to work with 10 local boroughs
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NewsUK motor headache continues for excess of loss reinsurers
Unexpected discount rate change was a particular problem highlighted by reinsurers
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NewsMike Crane to head up L&G general insurance division as Allianz completes takeover
Allianz bought L&G’s GI business for £242m
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NewsGRP promises more acquisitions in 2020 as run rate income grows
But the group posted an actual loss for the 2018-2019 accounting period
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Online onlyMotor insurers preparing for reinsurance rate hike as Ogden hits hard
Rates for motor excess of loss policies could rise by as much as a fifth at the 1 January renewal date
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NewsTulloch takes u-turn on Aviva’s potential break-up plans
The chief executive says the insurer is ‘stronger together’
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NewsSRA opts not to change lawyers’ minimum professional indemnity cover
The authority will be maintaining the existing ‘one-size-fits-all’ model
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NewsAtlanta Group gives three employees a brand-new car for Christmas
The UK insurer has been rewarding staff through its annual 12 Days of Christmas giveaway
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NewsAmlin confirms run-off date for four of its UK P&C lines
The move is part of the insurer’s wider strategic reorganisation
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NewsPenetration rate for SMEs buying insurance falls by 1.3%
But, GWP increases as those that do purchase insurance opt to buy more
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NewsHelios Underwriting acquires Lloyd’s limited liability member at 16% discount
The listed investment organisation extends underwriting capacity with new purchase
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NewsWillis IRM acquires Leeds-based broker
The Belfast insurer expands its presence in Yorkshire with this latest purchase
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NewsGefion ‘working on several solutions’ as Danish regulator sets liquidity deadline
The unrated insurer says it hopes a series of measures will turn its fortunes around
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NewsThomas Miller Specialty snaps up Lodestar book
Lodestar marine underwriter moves over as part of the deal
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NewsLegal expenses insurer enters administration
The company stopped writing new business two years ago
