Gen Re's aviation unit has said John Brogan will replace David McKay as president and CEO of its United States Aviation Underwriters (USAU) unit when the latter retires next year
Former Liberty Mutual executive John Peters has joined Lloyd's-backed peer-to-peer insurer Lemonade as its chief underwriting officer (CUO), and described the technology-driven enterprise as "the place to lead transformational change"
US insurers will pay $6.95bn to cover damage from Hurricane Matthew, which battered Caribbean islands and the southeastern US last week, according to Karen Clark & Co
Catalina Holdings UK has completed its acquisition of AGF Insurance Limited from a subsidiary of Allianz SE, following approval from the Prudential Regulation Authority, it announced today
Emerging economies are expected to outperform advanced markets in terms of non-life premium growth over the next five years, according to a report by JLT Re
The Florida Office of Insurance Regulation has granted final approval to an average state-wide increase of 14.5 percent for workers' compensation policies
Reinsurers affected by Hurricane Matthew could see pre-tax profits fall by around 95 percent on average if the storm hits as a 1-in-50-year event, according to Standard & Poor's (S&P).
Everest Re and RenaissanceRe are the most exposed carriers to Hurricane Matthew in the Florida reinsurance market, according to equities analysts at Macquarie
Sompo Holdings' merger agreement to buy Endurance for $6.3bn includes a break fee of $204.9mn, according to a US Securities and Exchange Commission filing that Endurance released yesterday
Only a quarter of senior executives operating in the UK general, life and health insurance markets believe that operating in accordance with Solvency II regulations is the best way to run their business, according to Grant Thornton UK.
Property insurers will absorb losses of EUR34mn ($38.2mn) from the 6.2 magnitude earthquake that struck central Italy on 24 August, according to an initial estimate from catastrophe data provider Perils.
Category 4-strength Hurricane Matthew made landfall in Haiti today at 11am GMT, according to the National Hurricane Center (NHC), with the forecast path moving somewhat to the west towards Florida.
The Autorité de contrôle prudentiel et de résolution (ACPR) and the Autorité des marchés financiers (AMF) have pledged to simplify and speed up licensing procedures for UK-based firms that want to set up operations in France
CFO Fry to leave Novae; Argo launches cyber division; CEOs considering moving operations: KPMG; Moody's upgrades Scor; Everest Re appoints; Aspen Re promotes; China Re profits plunge; Jubilee losses covered; R&Q splashes out on acquisition; Arch launches share offering; The Hanover makes senior hire; Yahoo accounts hit by hack; Aspen takes on LSM regional P&C business; Fuhrman leaves CRC; Rockhill to rebuild E&S property platform.
Rating agency Moody's has upgraded its insurance financial strength rating for Scor from A1 to Aa3 with a stable outlook, it announced on Friday (23 September).
Legacy-to-live carrier Randall & Quilter (R&Q) has completed the acquisition of United States Sports Insurance Company (USSIC), a wholly owned captive insurer of USA Swimming, for $2.1mn, it announced today.
The US Federal Emergency Management Agency (Fema) has agreed to buy a small amount of reinsurance as it prepares to set up a larger risk transfer programme in 2017
Asta has announced that it has received in-principle approval from the Lloyd's Franchise Board to establish and manage Blenheim Syndicate 5886, confirming a story published by The Insurance Insider yesterday.
Several (re)insurance associations have reiterated their support for upcoming talks between the US Treasury and the European Union over a covered agreement.
FM Global has created two new units as it looks to improve cyber risk mitigation for its clients and improve its own underwriting, the company said today.
Cyber now an ‘executive responsibility': Lloyd's; QFC to relocate; Hermine loss below $400mn: RMS; CPPIB takes further Enstar stake; Lloyd's Malaysia set for Q1 2017; Six reinsurers to enter India: Irdai; Neon hires M&A tax expert; Beazley French aviation hire; Sompo Canopius adds to A&H team; Lloyd's unveils Oasis deal; Advent taps Beazley for trio; CFC names claims director; Gable to remain on AIM; CNA hires; Marsh bolsters Houston energy practice.
Nicolas Aubert has highlighted the importance of an active and supportive regulatory system ahead of the UK government's Brexit negotiations, in comments that appeared to contradict calls for post-Brexit deregulation by Lloyd's chairman John Nelson.
Lloyd's and the Lloyd's Market Association (LMA) have unveiled a deal with US hurricane model provider Applied Research Associates to make its HurLoss model available on a shared services basis using the Oasis framework
XL Catlin has entered into a definitive agreement to acquire Brooklyn Underwriting, an Australian underwriting agency and Lloyd's approved coverholder, it announced today
The London Market Group (LMG) will finish its research into developing a brand strategy for the London insurance industry by the end of the year, CEO Benedict Reid told The Insurance Insider
Chris Beazley, head of global clients for reinsurance at Amlin, is set to become the next CEO of the London Market Group (LMG), The Insurance Insider can reveal.
Catastrophe risk modelling firm AIR Worldwide has expanded the capabilities of its terrorism risk model to support scenario testing for 27 more countries.