Friends Provident ended its 169 years as a mutual insurer with a successful public offering on the London Stock Exchange...
United Kingdom News
Royal & Sun Alliance picked up another piece of the U.K. ‘s Independent Insurance, when it reached a deal with...
Newspaper reports indicate that Britain’s Royal & Sun Alliance is on the verge of completing a £2 billion ($2.8 billion)...
CGNU, the U.K.’s biggest insurance group, announced that it would no longer issue financial reports on a quarterly basis, and...
AXA Insurance, the French giant’s U.K. unit, has acquired Independent Insurance’s small business website from the company’s liquidators. The site,...
Finland’s Sampo announced that it has agreed to sell its Dutch unit, Sampo Industrial Insurance N.V. to U.K. insurer Hampden...
A.M. Best announced that it has downgraded the financial strength rating of Bermuda-based Stockton Reinsurance Ltd. from A- (Excellent) to...
Standard & Poor’s affirmed the double-‘A’ counterparty credit ratings and insurer financial strength ratings on the principle operating entities of...
The Enstar Group, Inc., based in Montgomery Ala., announced plans, together with Bermuda’s Castlewood Ltd., to acquire two reinsurance companies...
Kemper Insurance Companies, Aquila Inc. and its wholly owned affiliate Aquila Re Ltd. announced they have joined together to market...