MagMutual Insurance Company has acquired TPA Incorporated Protective Cell, which was owned by a series of Georgia physicians
SOBC Sandell has completed the acquisition of American Safety Risk Retention Group (RRG) after receiving regulatory approval from the Vermont Department of Financial Regulation
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.M. Best has assigned a financial strength rating of “B+ (Good)”, and a long-term issuer credit rating of “bbb-“ to Barbados reinsurer Energy Risk Indemnity Reinsurance (ERI Re)
American Safety Risk Retention Group (RRG) has requested to withdraw from A.M. Best’s interactive rating process
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
