17 April 2014

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Project Blue remains in the pink as Berkshire replaced

7 April 2014

Big three broker Marsh has secured fresh capacity to replace the 10 percent expiring line that Berkshire Hathaway wrote across its energy book, Inside FAC can revealRead more


Axis takes Saunders from QBE

7 April 2014

Axis has hired Steve Saunders from QBE as its new head of onshore energyRead more


Statoil renews flat despite $300mn claim

7 April 2014

Norwegian oil major Statoil renewed its programme flat despite warning the market of a claim of up to $300mn, but accepted the insertion of a loss load, Inside FAC understandsRead more


Losses donít stop onshore softening

7 April 2014

Losses equivalent to more than the entire premium intake for the onshore energy market last year have not led to meaningful hardening in the sector, as rates continue to fallRead more


Network Rail faces $200mn-$300mn storm loss

7 April 2014

Network Rail is believed to have restructured its property insurance placement following an estimated $200mn-$300mn gross insured loss from winter storm damage, according to (re)insurance market sourcesRead more


MH370 claim to be split between war and all-risk markets

7 April 2014

The war insurance programme for missing Malaysia Airlines flight MH370 is understood to have paid half of the $100mn hull loss, due to continuing uncertainty over the cause of the crashRead more


Contingency market weathers 2013 cancellations

7 April 2014

A trio of event cancellation losses hit the contingency book of Lloyd's underwriter Cathedral Syndicate 2010, according to the insurer's 2013 resultsRead more


Chicago rail property loss less than $10mn

7 April 2014

The Chicago Blue Line train that derailed at Chicago's O'Hare International Airport station on 24 March is unlikely to cause a major hit to the property market, according to sourcesRead more


YPF March fire likely to be modest loss

7 April 2014

The fire at Argentinian state energy firm YPF's Mendoza refinery in late March is unlikely to cause a substantial hit to the energy markets, according to sourcesRead more


US construction losses hit $120mn

7 April 2014

Three major fires in a month at construction sites across the US could move the market for frame builders' risk (FBR) as underwriters brace themselves for a potential $120mn total insured loss, Inside FAC has learnedRead more


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