28 November 2015

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Mutua Madrileña buys 40% stake in Chilean insurer

27 November 2015

Spanish composite insurer Mutua Madrileña has agreed to acquire a 40 percent stake in Empresas Juan Yarur's Chilean insurance operations BCI Seguros Generales, BCI Seguros Vida and Zenit Seguros, for around EUR209mn ($222mn)Read more

$400mn Lloyd’s consortium eyes emerging economy cat risk

27 November 2015

Eight Lloyd's syndicates have pledged $400mn of reinsurance catastrophe capacity for under-insured developing economiesRead more

Maidment new chair of LMA

26 November 2015

Beazley's CUO Neil Maidment has been elected chairman of the Lloyd's Market Association (LMA), the body which represents the interests of the Lloyd's managing and members' agency communityRead more

EIL premium growing says Marsh

20 November 2015

The EU's Environmental Liability Directive has been a real boon for the environmental impairment liability (EIL) insurance market, with premium income across the EU rising by 13.6 percent per year between 2006 and 2014, according to MarshRead more

JLT Specialty continues US drive with Marsh property hires

20 November 2015

JLT has continued its push into the US market with the hire of property specialists Sarah Sherman and Tim Edwards as senior vice presidents of property brokerage for JLT Specialty USARead more

Indian regulator provides encouraging feedback over Lloyd’s office

20 November 2015

The Indian insurance market regulator has made the prospect of a Lloyd's branch office in the country a distinct possibility after providing encouraging feedback on official communication with the marketRead more

UK to double cyber defence funding

20 November 2015

Chancellor of the Exchequer George Osborne is to double funding to strengthen the UK's cyber defencesRead more

State terrorism scheme increases retentions

20 November 2015

The UK state-backed terrorism reinsurer Pool Re will increase its members' retentions from £100mn to £135mn as of 1 January 2016. The new higher retention will be capped at an annual aggregate of £270mn in any one yearRead more

Samarco liability coverage moves into spotlight

20 November 2015

Fines imposed by the regulatory authorities have already exceeded the extent of Brazilian mining company Samarco Mineração's pertinent insurance coverage, according to the companyRead more

Wind turbine fire average cost $4.5mn says GCube

19 November 2015

Wind turbine fires cost owners $4.5mn on average, for property damage and associated downtime, according to specialist renewable energy underwriter GCubeRead more

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