Insurance news

• Should I buy travel insurance for European weekend breaks?

  04-03-2017 08:01
  
  Do I need cover beyond my Ehic card, and if so, which policies are worth buying?Every week a Guardian Money reader submits a question, and it’s up to you to help him or her out – a selection of the best answers will appear in next Saturday’s paper.This week’s question: Continue reading...
  
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• Fairfax gets more time to raise cash for Allied World

  04-03-2017 02:10
  Fairfax Financial's deadline to set the cash terms for its
  nearly $4.9bn acquisition of Allied World slid back a week as the
  Canadian P&C holding company sought extra time to find as much
  as $1.5bn more cash through investment partners.
  The company arranged for $1bn from Omers, also known as the
  Ontario Municipal Employee Retirement System, announcing the
  agreement in January.
  But last month it reported staggering investment reversals of
  nearly $2.7bn from unwinding hedges tied to the US eco
  
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• Avatar to buy fellow Floridian Epic

  04-03-2017 02:10
  David BullAvatar Partners has agreed to buy Elements Property Insurance
  Holdings and its insurance subsidiaries in a deal that brings two
  of Florida's smaller homeowners carriers together.
  The Insurance Insider revealed just
  before Christmas that Elements Property Insurance Company (Epic)
  had been put up for sale as its trade backers looked for an exit in
  an increasingly challenged Florida homeowners' market.
  The acquisition will add Epic's approximately $65.0mn book
  of in-force Florida resident
  
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