28 July 2016

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XL Catlin establishes African fac unit

18 July 2016

XL Catlin has established a new reinsurance unit to write facultative and treaty business across Africa, the carrier said today (18 July)Read more


News digest

18 July 2016

Zurich Insurance has continued its divestment strategy with the sale of its South African and Botswanan operations to Fairfax HoldingsRead more


Marsh ‘Echo’ facility gets widespread support

18 July 2016

Marsh Finpro has received widespread support from London management liability writers for its latest facility, in a clear demonstration of the continuing dominance of broker-led offerings in the current environmentRead more


Downstream energy continues rating slide

18 July 2016

Ratings in the beleaguered downstream energy market continued to slide during the second quarter, with most reductions in the 10-20 percent range, according to analysis by JLT SpecialtyRead more


Markel forms livestock consortium

18 July 2016

Specialist insurer Markel International has partnered with Tokio Marine Kiln, Pembroke and Aegis London to form a new livestock consortium in the Lloyd's marketRead more


Starr’s Decombes to head energy at Barbican

18 July 2016

Olivier Decombes, formerly chief underwriting manager for offshore energy at CV Starr, is set to join Barbican Insurance Group as divisional head of energy, power and utilities, Inside FAC can revealRead more


Leathem leaving Channel Syndicate

18 July 2016

Property direct and facultative (D&F) market veteran David Leathem is set to leave Scor-backed Channel Syndicate at Lloyd's after five years, Inside FAC understandsRead more


Nepartak leaves semiconductor production unscathed

18 July 2016

Despite initial fears that Typhoon Nepartak could prove an extremely expensive hit for insurers on semiconductor programmes in the fac market, initial reports suggest that production facilities in southern Taiwan have escaped damageRead more


Oil sands ‘lodge’ loss to cost $46mn

18 July 2016

A temporary camp for oilsands workers that was largely destroyed by the northern Alberta wildfires in May is believed to have a total insured value of C$60mn ($46mn), Inside FAC has learnedRead more


Energy market eyes $730mn+ Jubilee FPSO claim

18 July 2016

Insured losses from the troubled Kwame Nkrumah floating production, storage and offloading (FPSO) vessel off the coast of Ghana could exceed $735mn at the top end of estimates, Inside FAC has learnedRead more


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