February 2015/3

Short-tail specialist Lancashire has indicated that it is not for sale as its head of investor relations Jonny Creagh-Coen played down the recent M&A fever that has hit the (re)insurance sector

Hamilton Insurance Group will look to build out its Lloyd's platform with diversifying lines of business and scaled-up underwriting resources, according to chief strategy officer Bob Deutsch

Susan Patschak's Florida Specialty Holdings team has struck a deal to buy out Florida carrier Safeway Property Insurance Company (SPIC) from its parent, The Insurance Insider revealed last week

US health insurer Anthem looks sets to exhaust its $100mn AIG-led cyber cover after it revealed it had fallen victim to a huge data breach, The Insurance Insider understands

A number of Suncorp's reinsurers have rejected a major claim, arguing that the cedant's policy wording exempts them from paying losses on Cyclone Yasi.

Stephen Catlin has made a hard three-year commitment to his prospective role at XL Catlin and a soft commitment for a further two years, suggesting that he will remain with Catlin after its acquisition by XL until 2020.

Chris O'Kane, CEO of Aspen, has sold a further 28,669 shares in the carrier at an average price of $45, grossing $1.3mn and bringing the total value of shares sold by the executive in recent months to more than $4.3mn.

‘EasyJet Re' ambitions; RSA promotes Walsh; Deloitte questions quake claims; AIG opens Oman branches; Gulf Re ‘too small'; Moody's downgrades OneBeacon; Metro-North collision; Groupama sells Mediobanca stake; JLT sells French broker; Fosun completes Ironshore investment; Mugge joins Ross; Windstorm Tini loss; Flood Re confirms MGA; Deal approval; Helios acquires LLVs

Insurance software firm Ebix has been chosen to deliver an IT platform to make electronic placement a reality in the London market, The Insurance Insider revealed earlier today (16 February).

Beazley's long-mooted special purpose syndicate (SPS) in partnership with Korean Re has been given in-principle approval by the Lloyd's Franchise Board, The Insurance Insider can reveal.

London-listed Brit Insurance has disposed of its heavily loss-making Italian medical-malpractice book to Riverstone in a $65.5mn legacy transaction, The Insurance Insider can reveal.

Lime Street wags had recently speculated about what would see the light of day first: the Chilcot Inquiry into the 2003 invasion of Iraq (commissioned in 2009), or the winner of the tender to provide electronic placement services to the London market.