July 2016/4

Programme transformer start-up Clear Blue has added $140mn of projected annual premium from a series of deals signed since it launched at the end of last year.

Underwriters in the beleaguered aviation market began to push back against rate reductions at the July renewals as the segment demonstrated resistance to further cuts.

US insurance giant Travelers has chosen to cut back its Canadian reinsurance treaty despite reporting a second quarter hit from the Fort McMurray wildfires

A deal between American Financial Group (AFG) and National Interstate finally appears on the cards after a special committee at the commercial trucking specialist recommended a takeover bid from the New York-listed insurer.

XL Catlin completes domicile move; AmTrust acquires MGA; Beazley commits to Singapore; CIRC: Insurers are not ATMs; Dima makes appointments; JLT Re buys in Peru; Brit signs SA deal; Berkshire Hathaway departure; South to head Marsh US; Atkin to Amwins; Admin Re partial sale; BHSI enters Australian cyber; Euclid partners with AGCS and Swiss Re; H1 nat cats highest since 2011; Horace Mann set for P&C loss; FCA starts tender process; Suncorp hires

Expansive carrier Qatar Re is to open a branch office in Singapore in the next few weeks, The Insurance Insider has learned.

The shock departure of Atrium from Lloyd's Singapore may make those considering an entry to the market think twice about taking the plunge.

Chinese conglomerate Fosun will continue as Ironshore's majority owner after the business is floated on the New York Stock Exchange.

The formal sales process for Singapore's largest reinsurer Asia Capital Re (ACR) is in its final stages with the acquirer likely to be announced within weeks, The Insurance Insider understands.

Enstar is pushing on with its total return reinsurance start-up Aligned Re, confounding rumours in the market that it may follow XL Catlin's Alloy Re in being pulled.

Pembroke, Apollo and Navigators will lead a newly-minted Lloyd's market specie consortium as carriers look to reclaim control of the streamlining of distribution from brokers.

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