Brokers and buyers welcome IUA’s new model FINC clause
The International Underwriting Association’s (IUA) new model financial interest cover (FINC) clause has been welcomed as a major step forward…
Gallagher expands risk management offering via AnotherDay acquisition
The London-based specialty arm of global broker Arthur J Gallagher has acquired risk management consultancy AnotherDay to boost its support…
BHSI posts strong growth as group numbers hit by stock market chaos
Berkshire Hathaway Specialty Insurance (BHSI) continued its impressive growth in the second quarter of this year posting a 26% increase…
Mitsui Sumitomo to buy Transverse for around $400m: reports
Japanese insurer Mitsui Sumitomo is going to buy US-based hybrid P&C programme and fronting company Transverse for about $400m, according…
Appeals over Australia’s Covid-19 BI test case ruling set for court
Australia’s High Court will hear appeals from two policyholders and carrier IAG following a ruling by the country’s Full Court…
MS Amlin hit hard by Russia and Ukraine losses
MS Amlin, the international specialty insurer that is part of Japan’s Mitsui Sumitomo group, reported first quarter 2022 results hit…
AGCS posts strong underlying results on back of 13% rate increases
Allianz Global Corporate & Specialty (AGCS) reported strong premium growth in the first half the year on the back of…
Protest and civil unrest increases in Latin America
Protests and civil unrest are on the rise in Latin America as a result of economic and social stress, with…
