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25 May 2017

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Liberty Mutual names CUO for national specialty energy

25 May 2017

Liberty Mutual has appointed Jessica Dekermanji as senior vice president and chief underwriting officer of its national insurance specialty energy unit, the carrier announced yesterdayRead more


Opinion: Earthquake claims

25 May 2017

Earthquake risks were always thought to have one of the longest "tails" in terms of insured loss development for a natural catastrophe peril, but the Canterbury earthquake of 2011 has become synonymous with stretching this tail longer and longerRead more


XL Catlin promotes McAdams to marine CUO

25 May 2017

XL Catlin has promoted its UK and Ireland marine leader Rob McAdams to the role of chief underwriting officer for global marineRead more


Towergate and Price Forbes owners in $1bn debt raising

25 May 2017

The new holding company of insurance brokers Towergate, Price Forbes, Ryan Direct Group, Chase Templeton and Autonet is tapping the corporate bond market for £800mn ($1.04bn)Read more


Trump’s crop insurance subsidy cut ignites criticism

24 May 2017

Farmers and crop insurers came out swinging against a proposed 36 percent cut in federal crop insurance subsidies under President Donald Trump’s first spending plan, sent to Congress on MondayRead more


Ironshore sets up tax consortium in M&A group

24 May 2017

Liberty Mutual’s Ironshore is launching a new tax consortium as part of an expansion of its M&A insurance division within its international groupRead more


P&C sector slides to Q1 US underwriting loss: AM Best

24 May 2017

P&C insurers in the US swung to a first quarter underwriting loss while National Indemnity Company’s retroactive reinsurance deal with AIG dramatically reduced the sector’s net income for the period, according to AM BestRead more


F&G in $1.8bn buyout led by CF Corp

24 May 2017

A group of investors led by CF Corporation have agreed to buy Fidelity & Guaranty Life (FGL) from HRG Group for about $1.84bn in cash and the assumption of $405mn in debtRead more


Post-Brexit ‘bonfire of regulations’ unlikely: Execs

24 May 2017

Expectations of a "bonfire of regulations" following the UK's exit from the EU are likely to prove unfounded given the country's already taut oversight regime, according to a group of senior industry executivesRead more


Florida water claim losses spiral: AM Best

24 May 2017

Assignment of benefits (AOB) problems in the Florida property insurance market have led to a 14.2 percent annual increase in water claim losses since 2010, according an AM Best reportRead more


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