25 July 2014

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Aviation war market facing losses of $400mn-$700mn

17 July 2014

Aviation war underwriters are facing a series of major losses, with some estimates putting the total exposure to five incidents in the last nine months at between $400mn and $700mnRead more


Platinum reduces Q2 top line by 17%

17 July 2014

Bermudian Platinum Underwriters Holdings has shrunk its overall top line over the second quarter, significantly reducing its casualty book with a slight increase in the property and marine accountRead more


Matta launches LatAm broker Crandon Re

16 July 2014

Industry veteran Tony Matta has launched Crandon Re, an independent multi-line reinsurance facilities broker and manager for Latin America and the CaribbeanRead more


Typhoon Neoguri losses estimated at $1bn: Credit Suisse

15 July 2014

Credit Suisse Asset Management estimated that typhoon Neoguri could cause insured losses of up to $1bn, according to an update released by listed insurance linked securities fund DCG IrisRead more


XL hires new property risk engineering head from Zurich

15 July 2014

XL Group has hired former Zurich Insurance executive Dave Schmitz to lead its global property risk engineering team, replacing Tim Heinze who moved into another position earlier this yearRead more


Willis: Construction insurance rates soften by 30%

15 July 2014

Rates have fallen by up to 30 percent in the international construction and property and casualty (P&C) insurance markets due to overcapacity, benign losses and cheaper reinsurance over the first half of the year, according to WillisRead more


Beazley hires Amlin commercial property leads

14 July 2014

Specialist insurer Beazley has hired John Brown and Simon Jackson to join its open market property team, initially reporting to the unit's head, Jonathan Gray and working alongside senior property underwriter Mark BodkinRead more


Abilene, Texas hail loss to hit $400mn

14 July 2014

Insured losses from the hail storm that hit the city of Abilene, Texas on 12 June are expected to hit $400mn, according to the Insurance Council of Texas (ICT)Read more


Lawson to succeed Subramaniam as FM Global CEO

11 July 2014

FM Global's CEO Shivan Subramaniam is to retire at the end of the year, to be replaced by executive vice president (EVP) Thomas Lawson, the company said today (11 July)Read more


Willis appoints new Middle East construction head

10 July 2014

Willis announced today (10 July) that it has appointed Keith Chapman as Regional Construction Industry leader for the Middle East, based in DubaiRead more


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