Beat Capital Partners launches accident and health business
Insurance Age » Reinsurance
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1w ago
Beat Capital Partners has launched RedRiff Agency, an accident and health underwriter with Peter Wilkins as CEO ..read more
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First fall in years as UK commercial pricing slips 1% in Q3
Insurance Age » Reinsurance
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2M ago
Pricing in the UK commercial insurance market fell by 1% in the third quarter of 2023, ending years of market hardening, research by Marsh has revealed ..read more
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Accelerant’s UK arm awarded ‘excellent’ ratings
Insurance Age » Reinsurance
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3M ago
Accelerant Insurance UK Limited has been given top tier ratings from credit issuing agency AM Best ..read more
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Could regulators stymie the growth of the fronter market in the UK?
Insurance Age » Reinsurance
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3M ago
The failure of Vesttoo in the US has only increased scrutiny on fronters in the UK. But as Saxon East discovers the emergence of Bridgehaven and continued growth of the MGAs, mean that they still have a potentially bright future ..read more
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Biba welcomes FCA flat insurance reforms
Insurance Age » Reinsurance
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4M ago
The British Insurance Brokers’ Association has welcomed the Financial Conduct Authority’s rule changes on residential multi-occupancy buildings insurance ..read more
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Accredited’s GWP up 34% in first half of 2023
Insurance Age » Reinsurance
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5M ago
For sale insurance fronting business Accredited has reported gross written premium of $1.1bn (£900m) for the first half of 2023, a 34% increase compared with the same period in 2022 ..read more
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Moody’s stays negative on outlook for UK insurance
Insurance Age » Reinsurance
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5M ago
Ratings agency Moody’s has kept its negative outlook on the prospect for UK property and casualty insurance warning of higher reinsurance costs and pressure on personal lines margins as price growth lags inflationary cost increases ..read more
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New fronting firm to help flush capacity into UK commercial specialty MGAs
Insurance Age » Reinsurance
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6M ago
A new private-equity backed fronting firm has won approval from the Prudential Regulatory Authority to start business ..read more
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Flood Re policy numbers grow to more than 265,000
Insurance Age » Reinsurance
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6M ago
Mutual reinsurer Flood Re covered 265,826 policies in the year to 31 March 2023 – a 3.6% rise on the previous 12 months ..read more
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Flood Re on Build Back Better broker education drive
Insurance Age » Reinsurance
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6M ago
Brokers have engaged with Build Back Better, and want to communicate the benefits to clients, Flood Re CEO Andy Bord has confirmed, as the mutual reinsurer outlined plans to help educate the sector ..read more
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