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Danish insurer Qudos ceases underwriting

2018-10-18T15:32:00+01:00

Only hours after the Lloyd’s Syndicate 1884 announced it had ceased underwriting, the unrated Danish insurer Qudos Insurance confirmed that it has suspended underwriting with immediate effect.

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US antitrust approval granted for MMC’s acquisition of JLT

2018-10-15T10:51:00+01:00

The US Federal Trade Commission (FTC) has granted US antitrust approval for Marsh & McLennan Companies’ $5.6bn takeover of JLT.

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Ardonagh: Insurance Insider “inaccurate” over energy defections

2018-10-12T13:54:00+01:00

The Ardonagh Group has described an Insurance Insider article as “inaccurate” in a bitter legal battle between the firm and its larger rival, Gallagher Group.

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Insurers lose court battle over Iran sanctions claim

2018-10-12T12:05:00+01:00

A host of London market and Lloyd’s insurers have lost their High Court battle over a decision to not pay out on a $1.7mn marine cargo policy over fears that payment may expose them to a wave of Iran-related political sanctions.

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Ardonagh’s £625,000 loan to rival’s employee not made to secure 'loyalty'

2018-10-05T13:52:00+01:00

An offshore company associated with UK broking house The Ardonagh Group paid a £625,000 loan to an employee of a rival firm without any intention of securing his “agreement” or “loyalty” to join the group despite him later doing so, according to defence submissions filed at the UK High Court.

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AIG sues Kim Kardashian’s bodyguard for $6mn

2018-10-04T09:33:00+01:00

AIG is attempting to recoup $6.1mn in losses from the former bodyguard of Kim Kardashian West.