Business

Zurich Completes Aquisition of Oak Underwriting

Leading insurer Zurich has completed the acquisition of Oak Underwriting from RSA Insurance, turning it into one of the largest high net-worth insurers in the UK. The transaction enhances Zurich’s existing high net-worth proposition, known […]

Global insurance trends

ACORD Partners With DataPro on Global Insurance Industry Standards

ACORD, the global standards organisation for the insurance industry, today announced a partnership with leading software provider DataPro Corporation to help insurance businesses to reduce the time, cost and risk of implementing data standards. DataPro […]

Insurance & Reinsurance

PPL Electronic Risk Placements Are on The Up

Electronic placement of risk is something that is becoming more common within the UK insurance sector and as you’d expect London is at the heart of that transformational process. PPL announced that the system for […]

Business

Deals & Acquisitions: HRC Buying Qdos Contractor

Tokio Marine HCC announced its wholly-owned subsidiary, HCC International Insurance Company PLC, has signed a purchase agreement with Qdos Holdings Limited and other selling shareholders to acquire Qdos Contractor of The Qdos Group for an undisclosed amount.  Qdos […]

News

AIG Europe Results Show Storm Damage Hit The Bottom Line

AIG Europe Limited (AEL) reported a 7% increase in Net Premiums Written for the year ended 30 November 2017, supported by underlying business growth as well as favourable currency movements. The high level of natural […]

Life/Health/Critical illness

Sun Life Continues to Grow Market Share

SunLife, the UK’s most successful direct marketing over 50s brand, has reported continued substantial growth in 2017, achieving robust performance in all business areas, as life after 50 proves to be a golden age. SunLife […]

Global insurance trends

Willis Towers Energy Review Shows Losses & Stability in Sector

Willis Towers Watson today launched its Energy Market Review for 2018, stating that the downstream energy sector suffered its worst loss record for nearly ten years. However, despite this and the impact of 2017’s Gulf […]