April 2015/4

Share price data on The Insurance Insider's universe of P&C (re)insurers

Shares in our listed P&C universe - The Insider 30 - dipped by 1.03 percent last week, mirroring the performance of wider stock market benchmarks.

The International Underwriting Association (IUA) has criticised a Scottish government plan to recoup the cost of treating asbestos-related disease from insurers as "unequitable" and possibly illegal.

Regulatory developments at EU level have led to "a complex and confusing legislative architecture" of overlapping legislation, industry lobby group Insurance Europe has said.

Greater subjectivity brought in by the 2015 Insurance Act could force insurers to decide whether to pay a claim more quickly, according to loss adjuster Cunningham Lindsey.

A fraud trial against former American International Group (AIG) CEO Maurice "Hank" Greenberg looks set to go ahead after a judge threw out a final bid to have the case dropped.

Brown & Brown subsidiary Beecher Carlson has asked a US court to grant it ownership of a company that was set up by a number of former employees who allegedly stole information.

Aprilgrange, a subsidiary of US carrier Travelers, is being sued by a yacht owner for failing to pay out the full insured amount after the vessel was destroyed in a fire.

A $10mn dispute between Hyundai Fire & Marine and its London market broker became more heated last week after a row over "grossing up" commissions was once again aired in court.

Arthur J Gallagher subsidiary Heath Lambert is being sued by a Berkshire Hathaway-owned carrier over allegations that the broker failed to retain documents relating to a claim.

The Insider 30 index was up 6.25 percent in the first quarter of the year, marking a dramatic turnaround from the 3.09 percent fall in the same period of 2014...

Exor's unexpected $6.4bn all-cash move for Bermudian reinsurer PartnerRe has divided analysts on whether Axis will raise its current $5.5bn bid.