12 February 2016

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Willis dropping Faber brand

8 February 2016

The Faber brand, which was revived by Willis in 2008 to service its wholesale - and subsequently Willis Re and facultative - clients, is being discreetly dropped, Inside FAC has learnedRead more


Cobalt and Chaucer combine for Lloyd’s political risk first

8 February 2016

Cobalt Underwriting has launched a new political violence product backed by Chaucer in what it claims is a market firstRead more


Beazley partners with Korean Re

8 February 2016

London-listed carrier Beazley is looking to develop a suite of new products in collaboration with Korean ReRead more


Ark and Pritchard pounce on Ironshore property D&F

8 February 2016

Ark Syndicate Management and Asta-managed Special Purpose Syndicate (SPS) 6126 are to take on the bulk of Ironshore's London-based property direct and facultative (D&F) team following a series of resignations from the Bermudian insurer, Inside FAC can revealRead more


Nickelback disputes $13mn cancellation cover

8 February 2016

Canadian rock band Nickelback filed a suit in January against a number of Lloyd's and London market insurers for non-payment of a claim on the band's $13mn contingency cover, following cancellation of around 60 dates on its 2015 tourRead more


US winter storm losses remain elusive

8 February 2016

Despite predictions of a multi-billion-dollar economic impact from the blizzards and flooding that hit the US East Coast in late January there has been little sign of major insured losses, Inside FAC has learnedRead more


Tianjin insured losses could rise to $6bn

8 February 2016

With carriers under pressure from Chinese regulators to settle claims resulting from last August's Tianjin port explosion, the latest insured loss estimate suggests total claims could be in the region of $5bn-$6bnRead more


Perils estimates Desmond/Eva/Frank losses at $1.8bn

8 February 2016

Catastrophe loss compilation agency Perils has released an initial loss estimate of £526mn ($765mn) for the floods resulting from UK storms Eva and Frank in December last yearRead more


Allied World latest to suffer med-malady

8 February 2016

The spectre of medical malpractice losses has returned, this time at Allied World, where operating earnings fell by more than 70 percent to $43mn in the fourth quarter after adverse development in the healthcare division hit its bottom lineRead more


Q4 unveils patchwork of major claims

8 February 2016

Despite a year which by all accounts delivered another relatively benign catastrophe experience for direct and facultative players, the recent flurry of Q4 results statements revealed that the period was impacted by a variegated patchwork of man-made lossesRead more


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