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January 2015/3

  • David Howden, CEO of Hyperion, has ruled out the possibility of an initial public offering in 2015, saying the company was instead focused on generating growth.
  • Neither XL nor Catlin will be required to pay a termination fee if either party decides to pull out of their $4.2bn merger deal.
  • Carlos Vasquez, veteran entrepreneur of the Spanish and Portuguese (re)insurance markets and former leader of erstwhile global broker Heath's Spanish operations, has retired, The Insurance Insider has learned.
  • Marketform loads cargo underwriter; JLT Specialty hires; Tryg marine run-off sale; Laspo effect; Brisbane billion; Ace's higher for Langdon; Sogaz gets treaty home; Cooley raids; Davos worry list; Washington Reciprocates; Validus Boston bound; Arch brokers depart; QBE looks East
  • The International Group (IG) of protection and indemnity clubs has notified the market of a fresh loss to its reinsurance programme just days after renewal terms were released, The Insurance Insider has learned.
  • Brian Duperreault's start-up Hamilton Insurance Group has hired Dermot O'Donohoe to lead its Lloyd's operations.
  • "What is the most powerful word in the English language?" With this simple question, so begins every management seminar ever held on the dark art of marketing
  • Chaucer, the Lloyd's platform of New York-listed insurer The Hanover, has decided to sell its $300mn-premium UK motor business, The Insurance Insider can reveal.