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Commercial lines

Lloyd's plans to enter Malaysian Islamic insurance market By IBR Staff Writer
Lloyd's of London is reportedly planning to make its entry into the Malaysian Islamic insurance market, in a bid to focus on expanding its operations in emerging markets.
General Insurance > Commercial lines > News
Kinsale Insurance launches new law enforcement product By IBR Staff Writer
US-based insurer Kinsale Insurance Company has introduced new law enforcement or police professional liability product.
General Insurance > Commercial lines > News ACE introduces new medical liability coverage products for healthcare sector By IBR Staff Writer
Multiline property and casualty insurer ACE Group has introduced four new medical liability coverage endorsements, in a bid to offer enhanced protection for the expanding long term care healthcare sector.
General Insurance > Commercial lines > News
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UK FCA fines Clydesdale Bank £20.7m for PPI failings
By IBR Staff Writer
UK’s Financial Conduct Authority (FCA) has imposed a £20.7m fine on Scotland’s Clydesdale Bank for serious failings in its Payment Protection Insurance (PPI) complaint handling processes between May 2011 and July 2013.
General Insurance > Commercial lines > News
XL Group and Cobalt provide Shariah compliant product through Lloyd’s
By IBR Staff Writer
Insurance firm XL Group and Cobalt Underwriting have introduced first Shariah compliant product, which will be available through Lloyd’s of London.
General Insurance > Commercial lines > News
Travelers to buy majority stake in its Brazilian property casualty business
Insurance provider The Travelers Companies has agreed to buy a majority stake in the property casualty business of its J. Malucelli Participações em Seguros e Resseguros joint venture in Brazil.
General Insurance > Commercial lines > News
The Co-operators buys Premier group of companies in Canada
By IBR Staff Writer
The Co-operators, a Canadian-owned co-operative, has purchased Premier group of companies, for an undisclosed sum.
General Insurance > Commercial lines > News
Hub International buys New York-based Flood Group
By IBR Staff Writer
Hub International, through its subsidiary Hub International Northeast, has purchased the assets of The Flood Group and its affiliate The Flood Group of Long Island.
General Insurance > Commercial lines > News
AIG acquires majority stake in NSM Insurance
By IBR Staff Writer
American International Group (AIG) has completed the purchase of a controlling stake in NSM Insurance Group from ABRY Partners and NSM management, for an undisclosed sum.
General Insurance > Commercial lines > News
Alliant buys North Idaho Insurance in US
US-based insurance brokerage firm Alliant Insurance Services has acquired North Idaho Insurance, for an undisclosed sum.
General Insurance > Commercial lines > News
Assured Guaranty acquires Radian Asset Assurance for $804.5m
By IBR Staff Writer
US-based insurance firm Assured Guaranty (AGC) has completed the acquisition of Radian Asset Assurance from Radian Guaranty, for around $804.5m in cash.
General Insurance > Commercial lines > News
FMH buys Deere’s crop insurance business
By IBR Staff Writer
US-based Deere & Company has completed the divestment of its crop insurance business to Farmers Mutual Hail Insurance Company of Iowa (FMH).
General Insurance > Commercial lines > News
Allied World acquires RSA’s Hong Kong and Singapore businesses for $193m
By IBR Staff Writer
Allied World Assurance Company Holdings has completed the acquisition of Hong Kong and Singapore operations of Royal & Sun Alliance Insurance (RSA) for around $193m.
General Insurance > Commercial lines > News
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