RiverStone International’s parent company CVC Capital Partners looks set to acquire control of Electric Insurance Company ...

This is not the first pulled strategic process in the adjusting, and broader claims services, sector in recent months.

International General Insurance (IGI) is to begin trading from Lloyd’s on 9 May. The carrier will work from a company box within the Underwriting Room in a move that its management said emphasises its ...

Will Allen has been appointed executive managing director of capital advisory within Aon’s Reinsurance Solutions unit. He will report to Kelly Superczynski, Aon’s global head of capital advisory.

As part of the deal, PSC non-executive chairman Paul Dwyer, director of broking John Dwyer and non-executive deputy chairman ...

WTW has increased the capacity on its CyXS facility by 50% to $75mn, adding cyber physical damage cover as a standalone or blended option. Participation on the facility has also expanded, according to ...

Munich Re anticipates the “stable” rating environment for reinsurance to last for the rest of the year, absent any major loss activity. On a call to discuss its Q1 results this morning, Munich Re CFO ...

London wholesale broker Evolin has launched a terrorism facility, Assailant Protect, underwritten at Lloyd’s of London. The facility, led by Chaucer, has up to $500mn limit per policy for terrorism ...

Ardonagh Group has entered into an agreement to acquire Australian retailer PSC Insurance Group in a cash transaction worth A$2.3bn ($1.5bn). Under the scheme implantation deed (SID), Ardonagh will ...

London market sources are reporting rate rises falling away earlier than anticipated, and even discounts in particular lines as the sector switches to growth mode. Underwriting executive sources ...

International General Insurance (IGI) posted a combined ratio of 74.1% for the first quarter, a 4.3-point improvement from 78.4% in Q1 2023, resulting from gains in underwriting income and lower ...

R&Q co-founder Alan Quilter is to re-emerge as a strategic adviser at Altamont-backed broking start-up Augment Risk. As part of his role, Quilter will focus on creating solutions for MGAs as well as ...