March 2016/5

Cooper Gay will attempt to transition from a London wholesale broker with a regional retail footprint to a global wholesale distribution group represented in all major regional hubs.

Lloyd's executive Sean McGovern's total remuneration increased by more than 57 percent in 2015, with his take-home pay packet going over the £1mn mark.

Lloyd's capacity sources diversified further in 2015 as the Corporation took in more from Japan and Europe.

Willis Towers Watson is marketing a panel-style fine art and specie facility for the London market a year after its 32-strong sector-leading team defected to JLT, The Insurance Insider can reveal.

The industry taskforce established to bring insurance-linked securities (ILS) business to the UK will focus on creating a vehicle structured similarly to Richard Brindle's Fidelis venture, as it seeks to establish London as an ILS hub.

Run-off carrier Catalina has struck a deal to acquire Allianz's UK employers' liability (EL) book holding £185mn ($266mn) of gross liabilities.

The Japanese catastrophe renewals at 1 April will show a continued slowing of downward rating momentum, The Insurance Insider understands.

Exor intends to take a "generational" approach to its PartnerRe investment, The Insurance Insider has learned.

Another day, another broker facility. This time, it's Willis's Project Crest...

Mexican state-owned energy company Pemex has officially notified the market that its expected losses from a fire in April last year have risen from $670mn-$780mn to more than the $1.3bn of cover in place, The Insurance Insider can reveal.