QBE has parted company with Doug Bennett, the head of programme business at its troubled North American operation, The Insurance Insider can reveal.
The Insurance Insider reviews the performance of stocks in the first quarter after the stellar gains of 2013
Are CEOs in our sector all greedy dictators out to line their pockets at the expense of shareholders?
Global insurer QBE has postponed the sale of its US mid-market business amid muted interest, The Insurance Insider can reveal.
Bermudian and Lloyd's carrier Validus is in exclusive talks with Western World and looks set to conclude a deal valuing the US insurer at approaching $700mn in around a fortnight, The Insurance Insider revealed last week.
Aon acquires; AJG completes; 1347 fundraising; Dual COO; PartnerRe affirmed; BHSI surety; Novae hire; RSA promotes; Castel appoints; Balbinot stays; Liberty expands; Charles Taylor recruits; Endurance crops; Tysers profits; AJG acquires; Axis cut; Motor measures; Heritage acquires; New CEO; AIG bank; Swiss Re buys
Conflicts between brokers and underwriters are one of the main roadblocks to innovation in the London market, speakers at the Verisk Executive Summit and Risk Symposium claimed today (16 June).
Actuaries and in-house legal teams have become a "hindrance rather than a help", according to Nick Gooding of consultancy NPGC.
Aon president Steve McGill and Jane Barker, the chairman of rival broker Marsh's UK arm, have been awarded one of the UK's top civilian honours.
The niche aviation war market looks certain to fall to a loss in 2014 after four planes were damaged in this month's attack on Jinnah International Airport in Karachi, causing an estimated loss of $15mn-$20mn, The Insurance Insider understands.
Tokio Millennium Re (TMR) is holding talks with alternative capital providers in a bid to secure capacity commitments that would allow it to significantly increase its line size on select reinsurance placements, The Insurance Insider can reveal.
JLT Towers Re, the world's fourth-biggest reinsurance broker, is aiming to rebrand itself by the time of the Monte Carlo Rendez-Vous, eliminating the Towers name, The Insurance Insider has learned.
Swiss Re is working with Barclays Capital to sell the remainder of its US closed life business, The Insurance Insider has learned.
XL Capital has confirmed the hire of American International Group (AIG) executive Kelly Lyles, as first revealed by The Insurance Insider last week.
The New York Metropolitan Transportation Authority (MTA) has taken advantage of softening in the US commercial insurance market by significantly increasing the limit on one of its builders' risk programmes at half the expiring rate-on-line.
Fast-growing Heritage Insurance Holdings is set to take on the $60mn portfolio of business previously written by failed Floridian insurer Sunshine State Insurance Company (SSIC).
Erik Manning has resigned from Guy Carpenter, where he had spent four years placing retro business in Bermuda, and is expected to join Markel shortly in a new capital markets role, sister publication Trading Risk reports.
Venezuelan state-owned energy company PDVSA has appointed Alesco and Cooper Gay as its brokers, and informed the market that it will cancel its in-force policy ahead of a 1 July rewrite, The Insurance Insider has learned.
Lloyd's is expected to issue a consultation this week on new guidelines detailing minimum conduct standards for managing agents.
Violent wind and hailstorms affected large parts of western and central Europe between 7 and 9 June, causing damage to homes and infrastructure in Germany and France, which is likely to result in insurance losses.
A group of MPs and Lords from all three major UK political parties are calling for an inquiry into the dangers of concussion in UK sport in response to an eye-watering proposed settlement relating to similar issues in American football.
Pricing guidance has tightened on the Texas Windstorm Insurance Association (Twia)'s Alamo Re cat bond, the first post-June transaction on the insurance-linked securities market, sister publication Trading Risk reported last week.
A look-up table for The Insurance Insider's universe of P&C (re)insurers
London-based insurance-linked securities (ILS) fund manager Securis Investment Partners has hired Martin Reith to take on the newly created role of advisory director.
The appointment of Peter Hancock as new group CEO of American International Group (AIG) last week surprised some industry commentators for its timing, but was broadly welcomed as a sign that the insurance giant's turnaround remains well on course.
Price-to-book (P/B) valuations for P&C (re)insurers are typically better now than they were a year ago, despite the recent drift in (re)insurers' share prices and negative investor sentiment regarding future earnings prospects.
The Insider 30 composite was broadly stable last week, dropping just 0.53 percent and narrowly outperforming broader equity markets, which were lower amid renewed conflict in Iraq.
The House Financial Services Committee has unveiled a moderated version of its draft bill to renew the Terrorism Risk Insurance Act (Tria).
IAT Re has entered into a strategic partnership with Main Street America (MSA) that will see the US insurer front for the Bermudian quota share specialist on its AM Best A rated paper, The Insurance Insider can reveal.