June 2015/5

Summerhayes leaves Suncorp; Perils hikes Mike-Niklas loss; Dual heads east; Towergate's £804mn loss; Weaver for Willis; Diversification credit for Bermuda; Canadian combinations; M&A to Marketform; Collateralised reinsurance; Aspen Re for Lee; IAG appoints deputy chair; Panda Re born; Loss of Liberty; Amlin sparks Formula E judgment; Ross trial delay; Wheeler leads parliamentary group; Lockton for Lockton; Chedid Re registers; Dual Aussie marine hire; UK broker fee increase &am

Cooper Gay Swett & Crawford has pulled off the surprise hire of the year by landing Willis group deputy CEO and Willis Global CEO Steve Hearn.

Italian investment house Exor has attempted to assuage PartnerRe shareholders' concerns over its $137.50 a share offer for the firm by unveiling a new binding guarantee on all contractual commitments.

A rise in interest rates could not happen quickly enough for the (re)insurance industry, according to Lloyd's director of finance John Parry.

(Re)insurers have won a significant victory against US rail operator Amtrak in the latest round of their long-running dispute over payments arising from Superstorm Sandy.

Axis is poised to consolidate its directors' and officers' (D&O) and professional indemnity (PI) treaties into a single global placement, The Insurance Insider can reveal.

Integro has continued on the acquisition trail with a deal to buy private equity sector health benefits consultant Clearview Group on undisclosed terms

Talks over a potential deal for Cooper Gay Swett & Crawford to buy a portion of independent reinsurance broker US Re's business have broken down, The Insurance Insider has learned.

The easing of downward rating pressure seen at 1 June in the property catastrophe reinsurance market was again in evidence at 1 July, The Insurance Insider understands.

Had enough of the propaganda war swirling around the Axis-Partner-Exor tussle? Me too.

Suncorp has riled much of the reinsurance market by using the renewal of its A$6.65bn ($5.13bn) catastrophe treaty to coerce carriers into paying a significant claim not covered by its policy terms, The Insurance Insider has learned.