23 February 2018

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Duperreault: AIG North American commercial shows reserve stability

9 February 2018

AIG, currently in the midst of a deal to acquire Validus for $5.6bn, has sought to reassure investors that, although not out of the North American casualty crisis woods yet, more daylight is illuminating the forestRead more


Powell appointed CUO of international financial lines at XL Catlin

8 February 2018

XL Catlin's insurance division has promoted Tim Powell to chief underwriting officer of its international financial lines (IFL) operation, with effect from 1 MarchRead more


Specialty profits up 70% at Beazley as property and reinsurance hit by cats

8 February 2018

Beazley reported a 69.8 percent increase in profits in its largest segment, specialty lines, for the full year 2017, to $227.4mn, but suffered major reverses in its reinsurance and property lines due to natural catastrophe lossesRead more


Latin America drives 2017 top line P&C growth for Zurich

8 February 2018

2017 gross written premium for Latin America increased by 17 per cent in local currency, mainly driven by growth in the affinity business in Brazil and the retail motor book in Mexico, Zurich Insurance Group said as it announced catastrophe-affected full year resultsRead more


Credit and surety lead specialty renewal charge for Scor

8 February 2018

French (re)insurer Scor was broadly positive about pricing at the January renewals, benefiting from improved market conditions through reinsurance and through its primary divisions Scor Business Solutions, direct & facultative (D&F) operation the Channel Syndicate, and its MGA businessRead more


Munich Re P&C reinsurance suffers EUR476mn loss in 2017

6 February 2018

Munich Re's property-casualty (P&C) reinsurance business reported a EUR476mn loss for the full year 2017, compared with EUR2.03bn profit in 2016, on the back of fourth quarter natural catastrophe lossesRead more


Aon Benfield makes Siccardi UK COO

6 February 2018

Aon Benfield's EMEA & UK head of client services, Leonora Siccardi, has been appointed as chief operating officer of the reinsurer's UK operation, in addition to her existing responsibilitiesRead more


News digest

5 February 2018

QBE's recently installed CEO Pat Regan has said the group is conducting a strategic review of its Latin American operations, after the company issued a profit warningRead more


Postlewhite departs as Aspen posts $245mn loss

5 February 2018

Aspen's insurance CEO Stephen Postlewhite has stepped down from his position after the company revealed it is expecting a $245mn underwriting loss for the fourth quarter of 2017Read more


Reliance buys $4.7bn nat cat limit

5 February 2018

One of the fac market's bellwether accounts, the Jamnagar refinery and petrochemical plants owned by Indian conglomerate Reliance Industries, has secured $4.7bn of nat cat limit at renewal, Inside FAC revealed in JanuaryRead more


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