April 2014/1

US rate rise; Endurance appoints; AIG sues; HIIG hire; Willis upgraded; Asta takes charge; FCA redress; Charles Taylor departure; Tawa demerges; RSUI re-rated; Universal expansion; Brit back to UK; Cooper Gay challenge; New CFO; Scor approved; Recruiter hires; Flood Re setback; Solomon's travels; Gloomy reinsurance outlook; AIG trade

A fast-track claims handling service launched by Lloyd's in February in an effort to speed up average payout times has got off to a slow start, with just two managing agents signing up so far.

The insurance market is "hopeless" at marketing itself and must do more to promote the social benefits it offers, the newly arrived Lloyd's deputy chairman told an audience of London market claims executives early this month.

Why everything's going to hell quickly...

Former Max Capital CEO Bob Cooney is working on a reinsurance start-up as Bermuda's hedge fund rush continues, The Insurance Insider can reveal

M&A speculation is once again rising to a fever pitch in Bermuda as soft market fears and structural threats to the traditional operating model combine to encourage a long overdue bout of consolidation