29 April 2016

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BI claims could tip Japanese losses over $2.9bn

21 April 2016

The history of recent major earthquakes has taught us that unmodelled business interruption (BI) losses invariably form a substantive component of the overall loss burden, with AIR Worldwide's upper estimate of $2.9bn in industry losses as a result of last week's Japanese temblors likely to rise as a consequence, Inside FAC understandsRead more


AmTrustís Frost joins Axis as PI head

20 April 2016

Dominic Frost, former head of special lines for AmTrust at Lloyd's, has been appointed head of professional indemnity for the Lloyd's business of Axis Specialty EuropeRead more


Axa partners with Chaucer on African SPS

19 April 2016

Axa is targeting the African specialty market through a special purpose syndicate (SPS) arrangement with Chaucer Syndicate 1084, the carrier announced today (19 April)Read more


Hearn to fill Newmanís shoes at Cooper Gay London

19 April 2016

Cooper Gay Swett & Crawford (CGSC) group CEO Steve Hearn is to take on the role of chief executive of the broker's London market business, following the retirement of Gordon Newman at the end of March, subject to regulatory approvalsRead more


D&F market braces for substantial Ecuadorian industrial losses

19 April 2016

The magnitude 7.8 earthquake that hit Ecuador on Saturday (16 April) could spell significant insured losses for damage to infrastructure and industrial sites, according to catastrophe modelling firm RMSRead more


Latest Japan quake threatens semiconductor BI losses

19 April 2016

The threat of major business interruption losses in the Asian high-tech manufacturing sector has loomed once more with the news of the 7.0 magnitude earthquake that struck Japan's Kumamoto prefecture on 16 AprilRead more


Nuclear plants unaffected following Kyushu earthquake

15 April 2016

Japanese nuclear power plants at Genkai and Sendai appear to have been unaffected following the 6.2 magnitude earthquake which occurred at 9.26pm local time in Japan on 14 AprilRead more


Beazley beefs up Singapore specialty with rival hires

14 April 2016

Beazley has continued its expansion in Singapore with the hire of a quartet of underwriters in response to what it claims is a rising appetite for cover written locally in AsiaRead more


Gen Re head Montross to retire

13 April 2016

Franklin "Tad" Montross is to retire as chief executive of General Re (Gen Re), according to sister publication The Insurance InsiderRead more


Barbicanís Prince to head PI at Hamilton

13 April 2016

Hamilton at Lloyd's has hired Daniel Prince as head of professional indemnity (PI)Read more


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