Insight and Intelligence on the London & International Insurance Markets

22 January 2018

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Validus bid prompts Bermuda bounce

22 January 2018

Validus shares surged 44.5 percent at $67.53 by mid-morning in New York, as news of its unexpected $68-per-share takeover agreement with AIG sparked a wider Bermuda bounceRead more


Validus CEO Noonan set to depart post AIG sale

22 January 2018

Validus chairman and CEO Ed Noonan will leave the company after the completion of its proposed $5.56bn sale to AIGRead more


Validus Re: business as usual after AIG bid

22 January 2018

Validus Re CEO Kean Driscoll has told counterparties that the reinsurance platform will have room to significantly expand under AIG ownershipRead more


Validus fits AIG ‘like a glove’: Duperreault

22 January 2018

Validus' diversified business model and its ability to complement that of AIG was the driving force behind the US insurer's $5.56bn takeover of the Bermudian, AIG president and CEO Brian Duperreault saidRead more


AIG to buy Validus for $5.56bn

22 January 2018

AIG has agreed to acquire Bermudian carrier Validus in a $5.56bn dealRead more


Lockton hires Cook from Zurich for professions team

22 January 2018

Gail Cook has joined Lockton from Zurich, where she was head of financial linesRead more


Beazley boosts EU financial lines team

22 January 2018

Beazley has recruited a trio of financial lines underwriters, as the Lloyd's insurer continues to expand its presence in mainland EuropeRead more


Friederike to cause German insured losses of EUR800mn: MSK

22 January 2018

Windstorm Friederike caused estimated insured losses of EUR800mn ($979.9mn) in Germany, according to actuarial firm Meyerthole Siems Kohlruss (MSK)Read more


QBE hires Australia, NZ head of SME

22 January 2018

QBE has hired Aaron Gavin from Allianz to the position of head of SME for its Australian and New Zealand operationsRead more


Arch hires Percival from Chubb

22 January 2018

Arch Underwriting has appointed Alison Percival as regional manager for financial lines at its Australian businessRead more


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