26 April 2017

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Marsh: FCA broker probe ‘civil competition investigation’

21 April 2017

The current Financial Conduct Authority (FCA)'s aviation broking inquiry is a "civil competition investigation" Marsh said today (21 April) as it confirmed its involvementRead more


Ecuador quake losses $575mn says Fedeseg

21 April 2017

Eventual insured losses as a result of last year's powerful Ecuadorian earthquake are likely to be some $575mn, according to the country's insurance associationRead more


FCA launches probe into five aviation brokers

20 April 2017

Regulator the Financial Conduct Authority (FCA) swooped on the offices of five aviation brokers in London simultaneously in the first week of April, seizing computers as part of a probe into the misuse of confidential client information, Inside FAC has learnedRead more


Pioneer continues US casualty drive with double hires

20 April 2017

Expansive managing agency Pioneer Underwriters has continued its push into the US casualty space with the hire of Milan Devetak as senior underwriter and Andrew Nowlan as underwriterRead more


Spotlight returns to mining losses after Swiss Re’s $350mn Debbie estimate

13 April 2017

Swiss Re has surprised the market with a higher than expected initial claims estimates of losses relating to Cyclone Debbie of some $350mn, net of retrocession and before taxRead more


Deterioration in 2015 losses hits upstream energy carriers

11 April 2017

Insurers in the upstream energy market are being "significantly impacted" by the deterioration of losses incurred in 2015, amid a continuing environment of declining premiums and increasing capacity, according to a report released today (11 April)Read more


Bluzard joins Argo's nascent contract surety unit

11 April 2017

Argo Group's surety underwriting subsidiary has hired James Bluzard as an underwriter in its new contract surety divisionRead more


News digest

6 April 2017

Property cat rate reductions slow at 1.4; Everest buys PartnerRe's property fac unit; JLT Re downsizes fac energy team; Lloyd's chooses Brussels for EU subsidiary; Willis Re Specialty on efficiency driveRead more


Property D&F rates bottom out at 1 April

6 April 2017

Property direct and facultative (D&F) rates appear to have bottomed out at the 1 April renewals, as carriers reached a point where they could not afford to concede further reductionsRead more


Pembroke sale rumours dismissed

6 April 2017

Liberty Mutual has publicly countered mounting speculation that it will try to spin off $450mn-premium Lloyd's business Pembroke after completing the $3.0bn acquisition of IronshoreRead more


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