R&Q Insurance expects large ‘adverse development’ on loss reserves April 12, 2024 It announced in October that it had entered into a conditional agreement to sell Accredited, its programme management business, to private equity investment manager Onex Corporation.
UK drivers priced out of owning Chinese electric cars due to ‘sky high’ insurance costs March 20, 2024 The UK insurance industry is facing “real challenges” in covering Chinese electric vehicles, as sales of the models surge in the West.
Beazley plans additional shareholder returns, pushing up share price 8.8 per cent February 22, 2024 In a stock exchange notice, the blue-chip insurer said its undiscounted combined ratio, a measure of profitability used by insurers, had surpassed its forecasts in 2023.