23 March 2017

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Hannover Re to buy Argenta

20 March 2017

Hannover Re has reached an agreement with Argenta Holdings to acquire Lloyd's managing agent Argenta Syndicate Management, the companies announced today (20 March)Read more

McMahon to head property insurance underwriting at XL Catlin

20 March 2017

XL Catlin has promoted Tim McMahon to the role of global chief underwriting officer for property insurance, with effect from 1 May, the carrier said today (20 March)Read more

Hannover Re bolsters Talanx 2016 results

20 March 2017

Hannover Re, the property-casualty and life and health reinsurance arm of German (re)insurance group Talanx made a "robust contribution" to the group's net income for 2016, it reported today (20 March)Read more

In the limelight

17 March 2017

Dear fac-ster, we're all still getting used to the political earthquakes that have been taking place on both sides of the AtlanticRead more

WeSpecialty signs up Hiscox for political violence launch

17 March 2017

WeSpecialty- the Paris-based managing general agency (MGA) launched by Aquila Underwriting last year - has unveiled what it claims is a unique product combining elements of political violence/ risk and terrorism coverRead more

BW FPSO loss settles for EUR470mn

17 March 2017

A 2015 explosion at a floating production, storage and offloading unit (FPSO) owned by BW Offshore has settled for EUR470mn, a figure at the upper end of expectations, Inside FAC can revealRead more

US insurers fall to underwriting loss

17 March 2017

A study of annual disclosures by rating agency AM Best has discloses that the US P&C insurance sector fell to an underwriting loss in 2016- the first time since 2012Read more

Ironshore bumps up M&A line capacity to $150mn

17 March 2017

Ironshore has increased the amount of dedicated line capacity available for its mergers and acquisitions (M&A) cover to $150mn as it targets a greater anticipated deal-flow throughout North AmericaRead more

Indonesia licenses two reinsurance brokers

16 March 2017

The Financial Services Authority of Indonesia (Otoritas Jasa Keuangan or OJK) has granted operating licences to two more reinsurance brokers this month, taking the total number licensed in the jurisdiction to 42Read more

Cat claims cost Generali EUR295mn

16 March 2017

The impact of catastrophe claims for Generali improved slightly in 2016, costing EUR295mn (EUR313mn 2015), as the cedant's revised reinsurance programme helped absorb storms and flooding that took place in France and Germany in May and June, and earthquakes that struck central Italy in August and OctoberRead more

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