March 2013/2
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Qatari reinsurer Q-Re wrote a substantial amount of motor excess-of-loss (XoL) business at the 1 January renewals on the back of a "fairly strong market" and rates that had come to the "right level", according to newly appointed CEO Gunther Saacke.
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AmTrust Europe wrote $277mn of Italian hospital liability business in 2012, demonstrating just how dominant the specialist insurer has become in a class that caused heavy losses to its rivals five years ago.
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But light at the end of the tunnel for American Financial Group's London market insurer as 2010 year of account closes with a profit...
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Tower Group's redomicile to Bermuda is set to close this week following the pricing of the private equity placement financing the US insurer's reverse merger into Canopius Bermuda.
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Stalwart insurance investor Stone Point Capital and Icat backer Elliott Management Corporation are among a small number of remaining bidders in the Atrium sales process, The Insurance Insider can reveal...
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Insurance legend John (Jack) Byrne, former CEO of GEICO, White Mountains and Fireman's Fund, has died at the age of 80 from prostate cancer.
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RFIB hires Bell & Clements exec; Mapfre plans US expansion in 2013; Esure targets £1.15bn float; Validus replaces CRO; Fascione departs Lancashire; Hannover Re recovers on Sandy
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Stephen Catlin has said that in some parts of the world the Lloyd's and London market still has some way to go to regain its standing after the heavy losses and internecine litigation of the early-to-mid 1990s.
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Allied World has reached a settlement with Hannover Re over a legal dispute relating to two portfolios of US apartment complex property risks it wrote in 2009/10 which were ultimately securitised into the capital markets via an innovative bond.
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We often talk of developing economies, but it is rare to see a place develop in front of one's eyes, in real time...
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Global specialty insurer Torus and its private equity backers First Reserve and Corsair Capital have appointed Goldman Sachs to run a strategic process that may cause the business's equity ownership and capital base to change
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