Scandinavia News

Arthur J. Gallagher Buys Brim, Expanding Scandinavia Specialty Footprint

Arthur J. Gallagher has extended its investment in Scandinavia by acquiring an 85 percent stake in Swedish specialist insurance and reinsurance broker Brim AB. With revenues of US$11.4 million and employing 29 people, Brim is a specialty broker with approximately …

Best Affirms RSA and Operating Subsidiaries Ratings; Outlook Stable

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the main UK operating subsidiaries of the UK’s RSA Insurance Group plc. Best also withdrew …

Scandinavia Hit Hard by Windstorm Dagmar AIR Reports

A report from catastrophe modeling firm AIR Worldwide notes that Windstorm Dagmar has moved across Russia north of St. Petersburg and begun to dissipate. Its hurricane-force winds caused power outages, downed trees, landslides and other disruption across northern Scandinavia starting …

Miller Appoints Smith for Scandinavian Binding Authority

UK broker Miller has added Piers Smith to its international team to direct binding authority in Scandinavia, in a move it described as an “expansion of its international platform for binding authority business.” Smith is a specialist in the placement …