London News

Ratings Recap: Ariel Re, Atrium, Malaysian Re, AMI, TM Asia, Bangkok Ins., Karlsruher

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and the issuer credit rating (ICR) of “a-” of Ariel Reinsurance Company Ltd. Best also affirmed the ICR of “bbb-” of Ariel Holdings, Ltd., removed the ratings …

Palmer Joins Colemont Northern California

Colemont Insurance Brokers named Shane Palmer senior vice president in the company’s San Francisco office. He will focus primarily on property accounts with Fortune 1000 companies, specializing in earthquake/difference in conditions, hurricane/wind storm, complex layered accounts, construction, and cargo/stock throughput. …

Aviva Expects A.M. Best Ratings Upgrade to Help U.S. Sales

Insurance and pension provider Aviva USA said a ratings upgrade by A.M Best on Tuesday, Oct. 9th will help it grow its business in the United States. Des Moines-based Aviva USA, the U.S. unit of London-based Aviva PLC, Britain’s largest …

Marsh UK Launches $425 Million London Market Property Facility

Marsh UK has arranged a property facility that will provide up to $425 million of non-catastrophe capacity in the London market for US and Canadian companies. The facility can also be adapted to provide up to $262.5 million of non-critical …

Ascot Underwriting Ltd. Opens Energy-Focused Office in Houston

London-based Ascot Underwriting Ltd. has created new subsidiary in Houston, Texas – Ascot Underwriting Inc. The company said the move is part of Ascot’s plan to establish local underwriting platforms, and follows the launch of a unit Singapore. In addition …

My New Markets

Trade and Professional Associations Nuts & Bolts: Aon Association offers coverage to 56,000 nonprofit organizations and their members throughout the U. S. Clients range in size and needs from an Elks Lodge seeking general liability coverage to a long-term care …

My New Markets

Trade and Professional Associations Nuts & Bolts: Aon Association offers coverage to 56,000 nonprofit organizations and their members throughout the U. S. Clients range in size and needs from an Elks Lodge seeking general liability coverage to a long-term care …

Business Moves

The Hanover, Professionals Direct The Hanover Insurance Group, Inc. reports it has completed the previously announced acquisition of Professionals Direct, Inc. for $23.2 million. Professionals Direct’s companies specialize in lawyers professional liability insurance. “Lawyers professional liability insurance is a natural …

My New Markets

Trade and Professional Associations Nuts & Bolts: Aon Association offers coverage to 56,000 nonprofit organizations and their members throughout the U. S. Clients range in size and needs from an Elks Lodge seeking general liability coverage to a long-term care …

Business Moves

The Hanover, Professionals Direct The Hanover Insurance Group, Inc. reports it has completed the previously announced acquisition of Professionals Direct, Inc. for $23.2 million. Professionals Direct’s companies specialize in lawyers professional liability insurance. “Lawyers professional liability insurance is a natural …