May 2014/4

The latest shareholder revolt in the industry saw a majority of investors in Endurance voting against the Bermudian carrier's executive remuneration, including the package of CEO John Charman

Lloyd's new CEO Inga Beale hires senior female Catlin executive as COO as Lloyd's long-standing chief financial officer, Luke Savage, leaves One Lime Street

Independent broker and managing general agent BMS agreed on 21 May to sell a minority shareholding to US buyout firm Capital Z for $50.7mn, giving it capital to finance its growth plans and purchase stock from former employees.

VIG earnings beat; Travelers upgraded; Saga slips; Helios profits; Amlin overhaul...

The US National Oceanic and Atmospheric Administration (NOAA) has said there could be a below-average number of US hurricanes this year due to an El Niño weather pattern, which can suppress storm formation.

Berkshire Hathaway's efforts to swallow up the whole of Australian cedant Wesfarmers' cat treaty have been rebuffed, The Insurance Insider has learned. According to sources, Berkshire made an offer to the Australian insurer to put down a circa A$1bn ($930mn) line on the 1 July renewal that would have left the open market with nothing

Frustrated by aggressive rivals who are underpricing risk? Do not fear - one day they will be caught out...

Former Alterra reinsurance chairman Tom Wafer and fund manager Golub Capital are working on a reinsurance start-up, in fresh evidence that broad-based softening of the reinsurance markets is not deterring alternative asset managers