24 August 2016

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PartnerRe D&F chief Tobey exits

PartnerRe's head of direct and facultative (D&F) business Dom Tobey is set to leave the company following a broader management restructure, Inside FAC can revealRead more


Talanx Q2 industrial lines profits stable

German (re)insurance group Talanx has reported that profits in its industrial lines segment, which trades as HDI Gerling, have remained stable in the second quarter of 2016Read more


Grounded Transocean rig could be $110mn loss

A drilling rig owned by Swiss-headquartered oil and gas contractor Transocean which ran aground off the coast of Scotland on Monday (8 August) could prove to be a total loss of $110mn, Inside FAC has learnedRead more


'Three-tier' market developing in aviation: JLT

The ‘two-tier' aviation market that has been in place for some time, continuing into the first quarter of 2016, has become a ‘three-tier' market during the second quarter, according to JLT SpecialtyRead more


Kumamoto quake is $403mn hit for Sompo

Japanese insurance giant Sompo Japan Nipponkoa has recorded 41.2bn yen ($403mn) of upfront losses upfront from the Kumamoto earthquake in April, for the three months ending 30 JuneRead more


Zurich profits up 17% in Q2

Zurich Insurance Group has bucked the trend of recent quarters, with a 17 percent increase in group operating profits during the second quarter of 2016, to $1.1bnRead more


Pioneer hires Amlin's Rayner as underwriting head

Minova Insurance-owned managing general agency (MGA) Pioneer Underwriters (Pioneer) has appointed Graeme Rayner as group director of underwriting, subject to regulatory approvalRead more


Munich Re Q2 profits hit by $600mn major losses

Munich Re's net profits for the second quarter of 2016 were down by 9.4 percent on the prior-year period, to EUR974mn ($1.07bn), as the (re)insurer experienced EUR542mn ($600mn) in major losses during the periodRead more


AGCS appoints trio of global underwriting heads

Allianz Global Corporate and Specialty (AGCS) has appointed Thierry Portevin, Chris van Gend and Tina Baacke as underwriting heads across three business areasRead more

News analysis

See more news analysis
Miles Osorio

D&F expectations

Miles Osorio, Head of Property D&F, Hamilton UnderwritingRead more

Orbital Blues

As losses ratchet up, capacity continues to flow in and premiums become ever more stretched, the niche space (re)insurance market appears to be nearing an inflection pointRead more

Passport to Pimlico?

While the UK government may not have made detailed contingency plans for a post-EU world, mercifully it seems that the London market is more prepared, as Inside FAC discoversRead more

The FAC Door

XL Catlin has promoted Christophe Chandler to head of specialty reinsurance, London. The executive will relocate from Bermuda to take up his new roleRead more

Feeling the benefit

As a cat-heavy quarter takes its toll on (re)insurers' results, it's consolation for some of those in the primary market taking advantage of rock-bottom reinsurance rates to shore up their loss ratios that their strategic purchases will have taken the sting out of some of those catastrophes Read more

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