7 December 2016

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Guy Carpenter to assess operations

25 November 2016

Guy Carpenter is currently reviewing its operational parameters across treaty and facultative reinsurance, with some redundancies already understood to have been made, Inside FAC can revealRead more


Lloyd’s will present Brexit contingency plans in Q1

25 November 2016

Lloyd's director of global markets Vincent Vandendael said this week that the executive team will present its Brexit contingency plans to the Franchise Board and Council in December for approval, with the final plan to be made public in the first quarter of 2017Read more


Markets eye Iran

25 November 2016

In a possible move which could offer exciting possibilities for the facultative market, Munich Re said this week it is considering entering the Iranian market following the lifting of sanctions at the beginning of the year, according to reportsRead more


Otto makes landfall

25 November 2016

Hurricane Otto, the seventh named hurricane (and fifteenth named storm) of this year's North Atlantic hurricane season, made landfall in Nicaragua and Costa Rica with powerful winds and torrential rains on Friday 25 NovemberRead more


Perils increases Italian quake estimate to EUR66mn

24 November 2016

Catastrophe loss compilation agency Perils has released an increased estimate for the earthquake which hit central Italy on 24 August 2016 of EUR66mn ($70mn)Read more


AIR: Kiwi quakes could cost market $3.5bn

18 November 2016

Property direct and facultative (D&F) writers are expected to take a meaningful share of (re)insured losses from the magnitude 7.8 earthquake that struck New Zealand's South Island near Hanmer Springs on 14 November, which will cost the overall market between $762mn and $3.5bn, according to catastrophe modelling firm AIR WorldwideRead more


The FAC Door

14 November 2016

The re-branding of Cooper Gay to the oddly named "Ed" has convinced The Deep Shaft that there must be a wry sense of humour at work behind the scenes at the London wholesale brokerRead more


News digest

14 November 2016

Allianz Global Corporate & Specialty made a significant contribution to growth in Allianz's P&C segment, with operating profits more than doubling to EUR213mn for the third quarter of 2016Read more


XL Catlin launches UK product recall cover

14 November 2016

XL Catlin has rolled out new consumer product recall insurance cover aimed at the UK manufacturing marketRead more


XL Catlin UK and EMEA insurance CEOs depart

14 November 2016

Following news that XL Catlin is restructuring its operating model it emerged the carrier is to part company with both its UK and its Europe, Middle East and Africa (EMEA) insurance CEOsRead more


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