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Markel CatCo under investigation by US/Bermuda authorities

2018-12-07T08:39:00+00:00

Markel CatCo - a leading provider of collateralised retro capacity - confirmed last night it is under investigation by “US and Bermuda authorities” over its loss reserves.

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High Court approves RSA’s Part VII transfer

2018-12-04T13:01:00+00:00

The High Court of England and Wales has given UK insurer RSA the green light for its Part VII transfer.

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Allianz gains regulatory nod for first foreign-controlled Chinese carrier

2018-11-26T09:35:00+00:00

German insurer Allianz has received approval from the Chinese financial regulator to launch an insurance holding company in China.

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Further delay in publication of FCA wholesale broker probe findings

2018-11-21T14:25:00+00:00

The Financial Conduct Authority (FCA) has once again pushed back the publication date of the initial findings of its wholesale insurance broking study to the first quarter of next year.

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Failed NZ insurer CBL now accused of links to South American cartel

2018-11-12T16:17:00+00:00

New Zealand insurer CBL Insurance – whose failure earlier this year led to the knock-on collapse of Danish insurer Alpha - was formally put into liquidation earlier today by the Auckland High Court amidst allegations of hidden insolvency and ties to an alleged international drug smuggling cartel.

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QBE’s Belgium hub handed A rating by AM Best

2018-10-31T16:28:00+00:00

AM Best has assigned QBE’s European hub with that all important ‘A’ financial strength rating, citing the strategic importance of the Australian carriers post-Brexit business as a major influence behind the decision.