23 March 2017

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Barbican expands energy team with Sullivan hire

14 March 2017

Barbican Insurance Group has taken on Marc Sullivan as a class underwriter for downstream energy, with immediate effect, the carrier said yesterday (13 March)Read more


Donavan to replace Pearson as AGCS cyber head

14 March 2017

Emy Donavan has been named as global head of cyber at Allianz Global Corporate & Specialty (AGCS), with effect from the end of MarchRead more


AIG's Antes joins Ascot as political risk head

14 March 2017

Ascot Underwriting has hired Ray Antes from AIG, as executive underwriter in charge of the carrier's political risk team, effective 1 JuneRead more


Munich Re Q4 figures drag down full year P&C result

15 March 2017

Munich Re had a disappointing fourth quarter 2016 result in its property-casualty (P&C) reinsurance division, with underwriting profitability well below the prior-year periodRead more


Cat claims cost Generali EUR295mn

16 March 2017

The impact of catastrophe claims for Generali improved slightly in 2016, costing EUR295mn (EUR313mn 2015), as the cedant's revised reinsurance programme helped absorb storms and flooding that took place in France and Germany in May and June, and earthquakes that struck central Italy in August and OctoberRead more


Indonesia licenses two reinsurance brokers

16 March 2017

The Financial Services Authority of Indonesia (Otoritas Jasa Keuangan or OJK) has granted operating licences to two more reinsurance brokers this month, taking the total number licensed in the jurisdiction to 42Read more


Ironshore bumps up M&A line capacity to $150mn

17 March 2017

Ironshore has increased the amount of dedicated line capacity available for its mergers and acquisitions (M&A) cover to $150mn as it targets a greater anticipated deal-flow throughout North AmericaRead more


US insurers fall to underwriting loss

17 March 2017

A study of annual disclosures by rating agency AM Best has discloses that the US P&C insurance sector fell to an underwriting loss in 2016- the first time since 2012Read more


BW FPSO loss settles for EUR470mn

17 March 2017

A 2015 explosion at a floating production, storage and offloading unit (FPSO) owned by BW Offshore has settled for EUR470mn, a figure at the upper end of expectations, Inside FAC can revealRead more


WeSpecialty signs up Hiscox for political violence launch

17 March 2017

WeSpecialty- the Paris-based managing general agency (MGA) launched by Aquila Underwriting last year - has unveiled what it claims is a unique product combining elements of political violence/ risk and terrorism coverRead more


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