26 May 2015

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Aon: Europe faces increased terrorist risk

26 May 2015

Risk levels are rising in Western economies, attributable to the increased terror threat presented by Islamic extremists, according to AonRead more


Tokio Marine Kiln expands Singapore political risk with Lee hire

26 May 2015

Tokio Marine Kiln (TMK) has expanded its political risk portfolio in Asia with the appointment of Edmund Lee as trade and political risks underwriter based in SingaporeRead more


Axa to acquire SulAmerica subsidiary for EUR40mn

22 May 2015

French insurance group Axa has agreed to acquire 100 percent of a subsidiary of Brazilian composite insurer SulAmerica for a total consideration of EUR40mn ($44.7mn)Read more


Aegis London head Davies joins Canopius as CEO

22 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


Arch Re completes Gulf Re 100% ownership

22 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


Ascot forms renewable consortium at Lloyd’s

22 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


PartnerRe moves to Axis vote

22 May 2015

Bermudian reinsurer PartnerRe will now proceed to shareholder approval of its tie-up with Axis after rival bidder Exor stated on 21 May that it will not consider raising its $137.50-a-share takeover offerRead more


EgyptSat2 failure expected to be $70mn loss

22 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


Paul Cousins to join Gallaghers

22 May 2015

Paul Cousins, global head of strategy and business development at Aon Benfield Facultative, has resigned to join AJ Gallagher, Inside FAC can revealRead more


Space market faces $400mn MexSat-1 loss

22 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


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