Average of £1.13 million paid out every hour in motor claims last year....
Motor add-on specialist Eric Insurance enters run-off - insuranceNEWS.com.au
The Australian Prudential Regulation Authority (APRA) has confirmed that Eric Insurance has made a commercial decision to enter run-off and will no longer...
The Australian Prudential Regulation Authority (APRA) has confirmed that Eric Insurance has made a commercial decision to enter run-off and will no longer...
insurancenews.com.au /
Article / 6 months ago
Enstar completes A$360mn LPT with RACQ
Enstar has completed a loss portfolio transfer (LPT) agreement with RACQ Insurance Limited to reinsure 80% of RACQ's motor vehicle compulsory third-party insurance liabilities of accident...
Enstar has completed a loss portfolio transfer (LPT) agreement with RACQ Insurance Limited to reinsure 80% of RACQ's motor vehicle compulsory third-party insurance liabilities of accident...
Article / 11 months ago
RPC advises Markel on £200m UK motor LPT transaction with Marco Capital
The LPT transaction involves UK motor insurance claims, providing cover of up to £200m in claims reserves This deal is the twelfth in a recent series of significant...
The LPT transaction involves UK motor insurance claims, providing cover of up to £200m in claims reserves This deal is the twelfth in a recent series of significant...
PR / 1 year ago
MGA Kitsune enters run-off after reinsurance pulled
Specialist motor insurance MGA Kitsune has entered run-off and appointed administrators after its reinsurance renewal was declined at the end of October, The Insurer understands....
Specialist motor insurance MGA Kitsune has entered run-off and appointed administrators after its reinsurance renewal was declined at the end of October, The Insurer understands....
Article / 1 year ago
Newslink Global Insurance Trends
This week, with the COP26 Summit in Glasgow looming, there was an emphasis on climate initiatives...
This week, with the COP26 Summit in Glasgow looming, there was an emphasis on climate initiatives...
PR / 3 years ago
Slipcase users: our mobile app V2 is live
The Slipcase mobile app now includes all of your favourite features of the desktop site, plus a slick new design, push notifications and more...
The Slipcase mobile app now includes all of your favourite features of the desktop site, plus a slick new design, push notifications and more...
PR / 3 years ago
Legacy Specialist DARAG Buys Luxembourg Auto and Travel Insurer, Arisa Assurances
DARAG Group Ltd., the Malta-based legacy acquirer, announced the acquisition of Arisa Assurances SA, an automobile and travel insurance company based in...
DARAG Group Ltd., the Malta-based legacy acquirer, announced the acquisition of Arisa Assurances SA, an automobile and travel insurance company based in...
Article / 4 years ago
Hallmark seals $215mn loss portfolio transfer with Darag
Hallmark Financial Services has moved closer to ending a difficult chapter of commercial auto loss development, by agreeing to a $215mn loss portfolio transfer (LPT) deal with Darag...
Hallmark Financial Services has moved closer to ending a difficult chapter of commercial auto loss development, by agreeing to a $215mn loss portfolio transfer (LPT) deal with Darag...
Article / 4 years ago
James River cuts Uber run-off claims by a quarter
James River reduced its Uber-related commercial auto liabilities by about 25 percent during the first quarter of 2020, according to the carrier’s executives...
James River reduced its Uber-related commercial auto liabilities by about 25 percent during the first quarter of 2020, according to the carrier’s executives...
Article / 4 years ago
Enstar reaches $465mn reinsurance deal for Lyft legacy reserves
Enstar Group has reached a $465mn deal to reinsure legacy automobile business underwritten for ride-share company Lyft, as its elevated deal flow continued in the face of mounting...
Enstar Group has reached a $465mn deal to reinsure legacy automobile business underwritten for ride-share company Lyft, as its elevated deal flow continued in the face of mounting...
Article / 4 years ago