April 2015/5

Mexican state oil company Pemex has told its insurers that the ground-up loss from a recent explosion at one of its complexes is likely to cost $670mn-$780mn, The Insurance Insider can reveal.

Lloyd's has unveiled a five-year plan that aims to spearhead London market modernisation, eliminate inefficiencies and introduce shared central services, The Insurance Insider can reveal.

In our reporting of this late-stage global soft cycle we have understandably tended to focus on the big carriers and the headline-grabbing strategic choices they are currently being forced to make, but what of the brokers?

Canadian firm Ontario Teachers' Pension Plan is faced with a dilemma about the future of ANV following the departure of founding CEO Matt Fairfield, as it weighs interest from would-be acquirers against the value it might create by continuing with a version of the strategy that informed its original investment.