23 May 2015

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Aegis London head Davies joins Canopius as CEO

21 May 2015

Specialty insurer Canopius has appointed Stuart Davies, managing director of Aegis London, as its new CEO, replacing Inga Beal who left in December 2013Read more

Ascot forms renewable consortium at Lloyd’s

21 May 2015

Ascot Underwriting has formed a new Lloyd's consortium for the renewable energy industry, Renewco, demonstrating the continuing attractiveness of the sector for underwriters as the market continues to expandRead more

Arch Re completes Gulf Re 100% ownership

20 May 2015

Arch Re, which announced it would be taking a 100 percent stake in Gulf Re last December, has confirmed completion of the ownership deal and restructure of the Dubai-based specialty reinsurerRead more

Space market faces $400mn MexSat-1 loss

19 May 2015

The niche space (re)insurance market is facing one of its largest ever losses after the launch failure of a Russian-made Proton-M rocket, carrying the MexSat-1 communications satelliteRead more

EgyptSat2 failure expected to be $70mn loss

19 May 2015

Space (re)insurers have been notified of a $70mn loss after an Egyptian satellite failed in orbit, a matter of weeks before the spacecraft's launch+1 policy was set to expire, Inside FAC has learnedRead more

AGCS appoints van Wyk as Dubai CEO

19 May 2015

Allianz Global Corporate & Specialty (AGCS) has appointed Willem van Wyk as CEO of its Dubai office, reporting to Carsten Scheffel, member of the AGCS board and Chief Regions & Markets OfficerRead more

Amtrak Philadelphia rail crash is likely $25mn+ loss

15 May 2015

The initial loss from the high-speed crash of an Amtrak commuter train in Philadelphia is likely to total $25mn, with at least $15mn expected to hit the rail insurance market, sources have told Inside FACRead more

Willis confirms fac/retail tie-in

15 May 2015

Faber Global, the facultative and wholesale reinsurance arm of Willis, is to transfer its third party cedant fac business to Miller Insurance Services, as part of the Willis-Miller merger confirmed in JanuaryRead more

Property veteran Eyres lands at Mitsui

14 May 2015

MSIG at Lloyd's, the international specialty arm of Mitsui Sumitomo Insurance Group, has hired London market property veteran Martin Eyres as its property underwriting managerRead more

BMS appoints Johnston as COO of Canadian arm

14 May 2015

Specialist (re)insurance broker BMS Group has appointed a new chief operating officer (COO) of its Canadian broking arm, BMS Canada Risk Services (BMS Canada)Read more

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