February 29, 2024
Howden, the London-based insurance intermediary group, announced it has acquired Intersure Group Ltd., trading as Intersure Group, further strengthening its ability to service the Irish insurance market, as it expands its geographical footprint across the country. Financial details of the …
February 15, 2024
Howden, the London-based insurance intermediary group, announced it has agreed to acquire ARM Group Holdings Ltd., the parent of Alternative Risk Management, one of the largest independent insurance managers in Europe and a specialist in the formation and management of …
February 9, 2024
Howden, one of the world’s largest privately owned insurance brokers, has 1.1 billion pounds ($1.4 billion) for growth, including acquisitions, and has had interest from potential new shareholders to back a large deal if needed, its management told Reuters. The …
January 29, 2024
Howden, the London-based global insurance group, announced an insurance facility that covers the leakage of carbon dioxide (CO2) from commercial-scale carbon capture and storage (CCS) facilities. The insurance facility, designed by Howden and led by SCOR’s syndicate at Lloyd’s, provides …
January 29, 2024
Howden, the London-based global insurance group, announced it has bolstered its risk management capabilities in the UK through the acquisition of AHR Consultants, a leading provider of HR, employment law, training and health & safety services. Financial details of the …
January 24, 2024
Howden, the London-based global insurance group, announced the acquisition of Laurie Ross, a personal and commercial lines broker based in Scotland. The addition of Laurie Ross will take Howden’s high street branches to 117, with a total of over 200 …
January 24, 2024
British drivers have to fork out twice as much to insure electric vehicles as they do for combustion-engine models, adding to hurdles to make the switch to zero-emission cars. The average insurance premium for EVs jumped to £1,344 ($1,700) at …
January 19, 2024
Reinsurers had varied appetites for casualty reinsurance during the January 2024 renewals; while capacity was sufficient, they still maintained underwriting discipline, according to reinsurance brokers in their renewal reports. “Some reinsurers adopted a tougher stance ahead of the January 2024 …
January 4, 2024
While the reinsurance market indeed stabilized during the January 2024 reinsurance renewals (from the chaotic January renewals of last year), buyers with loss-affected programs experienced further upward pressure on retentions and prices, according to reinsurance brokers in comments about the …
January 4, 2024
Howden, the London-based insurance group, announced the acquisition of Arctic Insurance AS, a fast-growing Norwegian insurance broker. Financial details of the deal were not disclosed. This acquisition reflects Howden’s ambition to enhance its presence in the Nordic region, by investing …