Norway
Gallagher boosts Scandinavian footprint with broker purchase
Arthur J Gallagher has acquired Scandinavian property and casualty broker Nordic Försäkring & Riskhantering for an undisclosed sum.
Compre snaps up legacy book from Norway's Gjensidige Forsikring
Compre has acquired a legacy portfolio from the Norwegian insurer Gjensidige Forsikring for an undisclosed sum.
Towergate Underwriting launches Scandinavian MGA
Towergate Underwriting has launched an international managing general agent for Scandinavia.
Interview: Grenfell Tower insurer reveals UK expansion plans
It is estimated that the Grenfell Tower fire could result in claims of up to £50m. However, the carrier responsible for insuring the building said that its expansion plans for the UK remain undimmed.
Grenfell Tower blaze could result in claims of £50m
The Grenfell Tower blaze could result in property and liability claims of £50m, the Norwegian carrier responsible for insuring the building said.
R&Q sells Norwegian Triton to Gabler
R&Q has sold its Norwegian service company R&Q Triton AS to Gabler AS.
Majority of insured losses from Grenfell Tower to be borne by reinsurance
The Norwegian company responsible for insuring the Grenfell Tower, which burned down yesterday, said reinsurers will bear the majority of the claims costs.
Norwegian insurer to examine exposure following Grenfell Tower fire
A Norwegian insurer that took on the property and liability contract for the local authority responsible for Grenfell Tower could potentially see its UK expansion curbed as a result of huge claims.
Skuld reports $16m bottom line
Marine insurance provider Skuld has reported bottom-line results of $16m (£12.8m) for the nine months of the financial year 2016/17 ending 20 November.
Norwegian Hull Club opens Lime Street office
The Norwegian Hull Club has opened its first underwriting office outside of Norway.
Standard Club expands Nordic footprint with MGA venture
The Standard Club has increased its footprint in Scandinavia by launching a Managing General Agency joint venture with Oslo-based Lloyd’s approved marine insurer Hydor AS.
Gable CEO Dewsall lambasts "devastating" Solvency II as Brexit blamed for £2.3m loss
The chief executive of Gable Holdings has described the impact of Solvency II as “devastating” and that it had rendered its business model “obsolete”.
Norwegian tie-up with Gable hangs over solvency concerns
One of the largest trade organisations in Norway has asked its broker for alternative cover arrangements after its insurer, Lichtenstein-insurer Gable Holdings, stopped writing new business.
Skuld announces executive changes and 2016 renewals growth
Norwegian marine insurer Skuld has announced three changes to its management team including appointing Lars Dueled as chief underwriting officer.
Legacy specialist acquires in Norway
Reinsurance legacy specialist Compre has acquired the marine and energy legacy portfolio of a leading Norwegian insurer.
Norwegian Hull Club to open London office
The Norwegian Hull Club is to open an office in London's EC3 area, its first outside Norway.
New CEO for Nordics, Russia and Turkey at AGCS
Peter Hecht-Hansen has been appointed CEO of Nordics, Russia & Turkey at Allianz Global Corporate & Specialty, subject to regulatory approval.
Kennedys expands in Scandinavia with merger and associations
Law firm Kennedys is expanding its international reach in Europe through agreements with three Scandinavian firms, which come into effect from 1 January 2016.
Benign claims period leads to Skuld's £5.8m six-month result
Marine insurer Skuld has reported a $9m (£5.8m) half-year result and a combined operating ratio of 95%.
Dynamo Analytics appoints director to lead entry into Nordic market
Dynamo Analytics’ new recruit Lori Tan is to head up the actuarial modelling and analytics specialist consultancy’s move into Norway.
Skuld's 2014 bottom line result drops 53%
Norwegian marine insurer Skuld has reported a bottom line result of $13.5m (£8.5m) for the 2014 financial year; a decrease on its 2013 result of $29m.
Catlin completes Insure the Box sale
Aioi Nissay Dowa Insurance has finalised its acquisition of Insure the Box and Drive Like a Girl from Catlin.
Resistance to oil shocks behind UK's ranking in global resilience index
The UK remains the 20th most resilient country in the world in terms of economic, risk and supply chain qualities, according to the latest FM Global Resilience Index.
R&Q completes Norwegian portfolio transfer
Randall & Quilter has completed a portfolio transfer from Norway-domiciled captive Aker Insurance to R&Q's EU run-off consolidator in Malta.