Australia’s AMP confirmed ongoing rumors that it would sell its general insurance business by closing a deal the Queensland-based insurance...
United Kingdom News
The ongoing crisis at the U.K.’s Independent Insurance Group deepened yesterday with the announcement that a proposed rights issue, designed...
The Belgo-Dutch financial services group Fortis announced the sale of its Australian property insurance unit to the U.K.’s CGNU for...
Most of the funds, around $255 million, will be remitted to Fairfax, which retains 73.7 percent of ORH’s shares. Underwriters...
Zurich North America’s Excess & Surplus Group is offering a new coverage for expenses related to product recalls, the company...
Firebombs, booby-trapped letters and packages, kidnappings, assaults and extortion—as these violent acts continue to proliferate, insurers have stepped up to...
An overwhelming 97 percent majority of the members of U.K. mutual insurer Friends Provident voted to become a public stock...
A survey by the U.K. ‘s Department of Trade and Industry highlights the number of serious, and often fatal, accidents...
Delegates at the annual meeting of the U.K.’s Association of Insurance and Risk Managers in Birmingham were told by insurance...
The Changing Face of the London Insurance Market: Lloyd’s Admits ‘Foreign’ Brokers-Ins-sure Takes Ov
The London insurance market achieved two significant milestones recently with the admission to Lloyd’s membership of three non-U.K.-based brokers, and...