29 November 2014

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Brisbane supercell storm bill likely to top A$150mn

28 November 2014

The Insurance Council of Australia (ICA) says that the insurance loss for the major hail and wind storm that hit Brisbane has exceeded A$100mnRead more


LatAm leads global insurance rate declines

28 November 2014

Insurance pricing fell by 2.8 percent during the third quarter of 2014 as rate slides continue to accelerate since the start of the year, according to Marsh's latest "Global Insurance Market Quarterly Briefing"Read more


Willis’s Hughes-Gibb and Lycetts confirm exclusive bloodstock deal

27 November 2014

Willis' bloodstock, livestock and agri-business division Hughes-Gibb has hired three brokers from equine specialist Lycetts and will become exclusive wholesale broker to Lycetts for bloodstock, the firm announced today (27 November)Read more


Swiss Re predicts 100% combined ratio in 2015

26 November 2014

Swiss Re has forecast that the combined ratio in non-life reinsurance will be around 100 percent in 2015 assuming average cat losses, softer reinsurance rates and a less benign claims environment than the previous three yearsRead more


First Africa-focused reinsurer gets UK approval

26 November 2014

The first reinsurer to focus solely on African risks, One Re, has received authorisation from the Prudential Regulation Authority and Financial Conduct Authority to operate in the UKRead more


Lloyd’s gets green light for Mexico rep office

26 November 2014

Lloyd's said it has received approval to open a representative office in Mexico to be led by Gabriel Anguiano from the start of next yearRead more


Willis promotes London exec to lead mining for LatAm

25 November 2014

Willis has promoted Tom Holliday, former executive director in the broker's London mining practice, to become head of mining for Latin America, the company announced today (25 November)Read more


Cooper Gay launches Latin American energy practice

24 November 2014

The Miami office of wholesale broker Cooper Gay has announced the launch of a Latin American power and energy practice targeting fac and treaty reinsurance business for oil and gas exploration, as well as power generation in the regionRead more


Limited fac fallout from $1.9bn RenRe and Platinum deal

24 November 2014

Cat specialist RenaissanceRe has agreed to buy Bermudian peer Platinum for $1.9bn in a cash-and-stock deal, the company saidRead more


Market likely to escape DuPont chemical leak loss

21 November 2014

A toxic leak at US chemical giant DuPont's La Porte facility in Houston, Texas, is unlikely to cause an insured loss to the (re)insurance markets, Inside FAC has learnedRead more


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