7 December 2016

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HDI to back Thomas Miller marine and energy offering

The UK arm of German industrial insurer HDI Global has signed a deal with Thomas Miller Specialty to provide paper for the managing general agency's new offshore marine and energy offeringRead more

Fac head Lester departs Willis

Alistair Lester, global head of Facultative at Willis Towers Watson, is leaving to take up a senior position at a rival broker, Inside FAC can revealRead more

LaMia air crash unlikely to hit London sports PA market

The loss of a plane operated by Bolivian charter airline LaMia on Tuesday (29 November), with Brazilian football team Chapecoense Real aboard, is unlikely to impact the London sports personal accident (PA) market, Inside FAC has learnedRead more

Skuld confirms Coleman as D&F head at Agora SPA

Skuld's specialist property direct and facultative (D&F) and treaty Syndicate 1897 has confirmed Peter Coleman's appointment as head of D&F at its Agora special purpose arrangement (SPA)Read more

Willis Re appoints Kent to new global deputy CEO role

Willis Towers Watson's reinsurance broking division Willis Re has appointed James Kent to the newly-created role of global deputy CEORead more

India to examine reinsurance cessions

The Insurance Regulatory and Development Authority of India (Irdai) has set up a committee to create guidelines on the procedures for reinsurance cessionsRead more

AIG Europe could shift HQ following Brexit

American International Group (AIG) said this week it may move its European headquarters from London to another European Union country as a result of the Brexit voteRead more

Brokers need to tackle Shariah misconceptions

The Islamic Insurance Association of London (IIAL) has urged brokers to tackle misconceptions about the availability of coverRead more

Davies exits Sompo Canopius

Sompo Canopius group CEO Stuart Davies is stepping down with immediate effect, the firm announced this weekRead more

News analysis

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Material science

Is the D&F market alert to the physical consequences of cyber-attacks?Read more

Crash course

Rates for UK rail business have been constrained by abundant capacity and a lack of major losses, but even in the more loss-prone European market there are few signs of hardening, finds Inside FACRead more

Demand surge

Fac is a funny old world and is perhaps one of the most volatile areas of the entire (re)insurance market - and rightly so, given that it is such a fast and responsive tool for underwriters, reacting with speed and efficiency to cedant demand and local conditions, often in the event of a substantive loss experienceRead more

Mining market slump continues

As one seasoned fac market veteran recently said to Inside FAC: "Who'd be in mining? It just keeps on coming with these big hits. It really is a bugger."Read more

Marcus - sketch

Trumpington Towers

Beyond the shock of how a hairstyle of such magnificence and strangeness could be accepted by the US electorate, we have to seriously ask what the ramifications of Donald's Trump's astonishing victory in the US election might be for the (re)insurance market Read more

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