Porsche passport image

CSAA commercial auto start-up Mobilitas gets A rating

2019-02-22T21:40:00+00:00

CSAA Insurance Group is gearing up for the launch of a new commercial auto platform called Mobilitas Insurance Company after securing an A financial strength and “a+” credit rating for the subsidiary carrier.

Archipelago – Lloyd's

Arch backs new UK HNW MGA Archipelago

2019-02-22T11:41:00+00:00

Former Aon executive and UK broking entrepreneur Angus Simpson is poised to launch a new UK MGA Archipelago Risk Services which will provide bundled personal lines products to high net worth (HNW) individuals, The Insurer can reveal.

Tony markel ca tc0

Belisle and Fredricks sue Markel over CatCo dismissal

2019-02-22T22:40:00+00:00

The two former Markel CatCo executives that were fired in January have sued Markel, alleging they have been denied more than $70mn in incentive payments.

Spinnaker Insurance

Spinnaker doubles top line in 2018, expects to double again this year

2019-02-22T19:48:00+00:00

Spinnaker Insurance Company more than doubled its top line last year and is expecting a similar growth rate in 2019 as existing programs in its portfolio gain further traction and new deals come on stream, The Insurer can reveal.

Florida

Demotech affirms ratings of 51 Florida carriers

2019-02-22T20:49:00+00:00

Demotech has affirmed 51 of its financial stability ratings on Florida property carriers, after reviewing their reserves, reinsurance programmes and claims procedures.

Archipelago – Lloyd's

Arch backs new UK HNW MGA Archipelago

2019-02-22T11:41:00+00:00

Former Aon executive and UK broking entrepreneur Angus Simpson is poised to launch a new UK MGA Archipelago Risk Services which will provide bundled personal lines products to high net worth (HNW) individuals, The Insurer can reveal.

Tony markel ca tc0

Belisle and Fredricks sue Markel over CatCo dismissal

2019-02-22T22:40:00+00:00

The two former Markel CatCo executives that were fired in January have sued Markel, alleging they have been denied more than $70mn in incentive payments.

Spinnaker Insurance

Spinnaker doubles top line in 2018, expects to double again this year

2019-02-22T19:48:00+00:00

Spinnaker Insurance Company more than doubled its top line last year and is expecting a similar growth rate in 2019 as existing programs in its portfolio gain further traction and new deals come on stream, The Insurer can reveal.

Florida

Demotech affirms ratings of 51 Florida carriers

2019-02-22T20:49:00+00:00

Demotech has affirmed 51 of its financial stability ratings on Florida property carriers, after reviewing their reserves, reinsurance programmes and claims procedures.



AM Best

ILS scepticism growing as 20% of third-party capital remains trapped: AM Best

ILS fund managers are for the first time struggling to attract new investors and retain existing ones. A new AM Best reinsurance report reveals 20 percent of the 2018 total third-party capital is trapped in the funds, which is making third-party investors sceptical about the market.

John Howard

Analysis: BB&T sees insurance growth opportunities with SunTrust deal

BB&T’s proposed merger of equals with SunTrust is being billed by the bank as a significant growth opportunity for its $1.96bn revenue retail and wholesale brokerage operations.

russellgrouproundtable_edited

Roundtable: ‘Seismic change’ needed in sector attitude to risk

Senior industry executives gathered at a roundtable earlier this month to discuss how the (re)insurance market can best respond to the growth of unknown exposure within portfolios, who’s role it is to spearhead new product development and the challenges and opportunities this task offers.

AM Best

ILS scepticism growing as 20% of third-party capital remains trapped: AM Best

ILS fund managers are for the first time struggling to attract new investors and retain existing ones. A new AM Best reinsurance report reveals 20 percent of the 2018 total third-party capital is trapped in the funds, which is making third-party investors sceptical about the market.

John Howard

Analysis: BB&T sees insurance growth opportunities with SunTrust deal

BB&T’s proposed merger of equals with SunTrust is being billed by the bank as a significant growth opportunity for its $1.96bn revenue retail and wholesale brokerage operations.

russellgrouproundtable_edited

Roundtable: ‘Seismic change’ needed in sector attitude to risk

Senior industry executives gathered at a roundtable earlier this month to discuss how the (re)insurance market can best respond to the growth of unknown exposure within portfolios, who’s role it is to spearhead new product development and the challenges and opportunities this task offers.



FCA-logo

Was it all worth it?

The London insurance market is vital to both the City of London and UK plc; its direct contribution to the UK economy is estimated at 1 percent and it accounts for over 26 percent of the total contribution from the Square Mile.

FCA dynamite

Comment: London brokers steel themselves for potential FCA bombshell

There may be some sleepless nights among senior London market broker executives tonight as they prepare themselves for the UK regulator to publish its long-awaited results into the wholesale broker market in a few hours’ time.

David Rowland

The man who saved Lloyd’s

In contrast to some of the more recent, excitable commentary about Lloyd’s gloomy future, today’s sad news is a reminder that a generation ago Lloyd’s really was facing an existential crisis.

FCA-logo

Was it all worth it?

The London insurance market is vital to both the City of London and UK plc; its direct contribution to the UK economy is estimated at 1 percent and it accounts for over 26 percent of the total contribution from the Square Mile.

FCA dynamite

Comment: London brokers steel themselves for potential FCA bombshell

There may be some sleepless nights among senior London market broker executives tonight as they prepare themselves for the UK regulator to publish its long-awaited results into the wholesale broker market in a few hours’ time.

David Rowland

The man who saved Lloyd’s

In contrast to some of the more recent, excitable commentary about Lloyd’s gloomy future, today’s sad news is a reminder that a generation ago Lloyd’s really was facing an existential crisis.