AM Best has assigned a financial strength rating of 'A' to WR Berkley Insurance

The rating reflects the company's strong capitalisation and support from the WR Berkley Group.

First published 24 November

Amlin signs loan facility

Amlin has raised $50m of lower Tier Two subordinated debt through a private placement and has signed a new 12-month term loan facility of £30m arranged by Lloyds TSB.

First published 24 November

Wellington acquisition

Wellington has received regulatory approval for its acquisition of AXA Corporate Solutions excess and surplus lines insurance company. The renamed division, Wellington Speciality, has been assigned a financial strength rating of 'A-' by AM Best.

First published 25 November

NU creates 200 jobs

Norwich Union is to create 200 call centre jobs in Perth. The recruitment drive, to service Asda insurance customers, will triple staff at its Pitheavlis call centre.

First published 25 November

Heath Lambert energy

Heath Lambert is forming a specialist natural resources group within its global business solutions division in response to increases in its energy, power utilities and mining business.

First published 25 November

R&SA £100m repair deal

Royal & SunAlliance has signed a three-year contract worth an estimated £100m with Rok Property Solutions. The insurer has named Rokforce as the sole supplier of UK building repair services to its commercial property insurance customers.

First published 26 November

ABI medical panel

The Association of Medical Insurance Intermediaries chairman Stephen Walker is to join the ABI's private medical insurance panel.

First published 26 November.

Topics