RK Harrison (RKH)'s facultative reinsurance business will be unaffected by the proposed merger with Hyperion because there is no crossover with the latter's underlying businesses, sister title Inside FAC reported.
Apollo has received in-principle approval from Lloyd's to establish a managing agent in the second half of 2015, sister publication Inside FAC has revealed.
American International Group (AIG) is working with Aon Benfield on a net retention facultative facility across its global property book, sister publication Inside FAC reported today (10 November).
Liberty Insurance Underwriters (LIU), part of Liberty International, has been ordered to pay $50mn of a $250mn settlement between Houston-based subcontractor Cameron International and BP regarding the 2010 Deepwater Horizon oil rig disaster.
