March 2016/3

Global insurer Zurich is looking to extend its major European catastrophe reinsurance programme by three months as it reviews its reinsurance buying strategy, The Insurance Insider can reveal.

The world's biggest catastrophe cedant Zenkyoren looks set to achieve a 7.5 percent rate reduction on its programme at 1 April as it purchases a new 200bn yen ($1.77bn) top layer, The Insurance Insider can reveal.

The UK Treasury is reportedly considering increasing insurance premium tax (IPT) by up to 3 percent, less than year after the levy was raised from 6 percent to 9.5 percent.

The golf club bore's argument about what is wrong with the new Lloyd's always goes something like this: Everything is far too regimented and regulated these days

Athito CEO Stef Raftopoulos and Ark non-executive chairman David Foreman have applied to the Corporation to form a start-up insurer called One at Lloyd's, The Insurance Insider can reveal.