Reinsurance
MGA Tradewise goes into administration
The motor MGA stopped writing new and renewal business on 1 January after it was unable to renew its reinsurance protection with Berkshire Hathaway.
MGA Tradewise set to close to new business and renewals
The motor specialist says it is looking for alternative solutions after being unable to renew protection with reinsurance provider Berkshire Hathaway.
Gallagher completes $3.25bn Willis Re deal
The broking giant will combine WTW's treaty reinsurance brokerage operations with its existing reinsurance business under the brand Gallagher Re.
CMA launches investigation into Gallagher-Willis Re deal
The competition watchdog says it is considering whether the transaction could result in a lessening of competition in the UK.
Pool Re appoints chair
The former boss of the British Bankers Association, Angela Knight, takes the non-exec chair position at the terrorism reinsurer.
Gallagher signs reshaped $3.25bn Willis Re deal
The broker is to buy the WTW treaty reinsurance operations following the collapse of the original deal.
Mulsanne accuses Marshmallow of stealing trade secrets in court battle
Mulsanne says it has suffered loss and damage of at least £39m, as judge orders Marshmallow to disclose information relating to the case.
Gallagher cans Capsicum Re brand
The reinsurance business will be renamed Gallagher Re from 1 October.
Insurance Covid-Cast: What next for Managing General Agents?
In the 30th episode of Post and Insurance Age’s video series we gathered together an expert panel to discuss what the future holds for managing general agents.
TotusRe seeks proactive reinsurance solution for catastrophic risks
Founders James York and Liz Foster say collective is "complementary" to Pandemic Re with membership spanning global and regional brokers.
Government backs trade credit insurance with £10bn guarantee
The guarantees will support supply chains and help businesses during the coronavirus pandemic.
Capsicum Re targets further growth following Gallagher takeover deal
Gallagher's UK boss Simon Matson addressed last year's "unfortunate" Gallagher v Ardonagh court case for the first time as he discussed the broker's full acquisition of Capsicum Re alongside CEO Rupert Swallow.
Gallagher completes 100% Capsicum Re ownership deal
Business was founded in 2013 by Grahame Chilton and Rupert Swallow through a strategic partnership with Gallagher.
Brokers warn redundancies at MS Amlin are “inevitable”
Experts say the restructure is understandable but could lead to office closures as Amlin pulls out of nine business lines.
Lloyd's launches product innovation facility with £53m capacity
New initiative to focus on emerging risks, with underwriters from a range of different businesses taking part including Tokio Marine Kiln, Beazley and Hiscox.
Stephen Catlin strikes out with fresh insurer
Catlin is working with deputy CEO Paul Brand and the business starts with $1.8bn of capital with the firm looking to underwrite insurance and reinsurance for complex speciality risks for a range of commercial lines in Bermuda and London.
China Re completes Chaucer deal
Regulatory approval followed sale price of $950m being confirmed last September.
Ardonagh expands into reinsurance with Prices Forbes Risk Solutions
New offering to be headed by David Barrie.
City Insurance Brokers and Compass launch profit insurance scheme
Product designed for brokers with delegated authority and MGAs.
Opinion: Rupert Swallow on the important role of reinsurance
The importance of reinsurance: It is little understood and often ignored, but reinsurance plays a vital role in the everyday business of broking, writes Rupert Swallow