Reinsurance legacy specialist Compre has agreed to acquire two portfolios of business from the UK and US branches of Assicurazioni Generali
Liberty Specialty Market (LSM) is set to redomicile its insurance company to Luxembourg, while maintaining its London presence
A.M. Best has given a financial strength rating of “A- (Excellent)” and the long-term issuer credit rating of “a-” to Sigurd Rück
Nick Steer, a founding director of Compre, will step down from his role as CEO, but will remain within the group serving as non-executive deputy chairman, effective March 2018
The approval of UK insurance linked-securities (ILS) legislation “is a great example of the market working closely with the government to improve the business environment in which we operate”, according to the London Market Group
Randall & Quilter (R&Q) has completed the sale of its Lloyd’s managing agency, R&Q Managing Agency (RQMA), to Coverys
A UK government cross-party committee has approved the UK’s Risk Transformation Regulations 2017 and the Risk Transformation (Tax) Regulations 2017, which make up the UK’s insurance linked-securities (ILS) legislation
London & Capital (L&C) has appointed Kate Miller as head of institutions
